Primus Power Stock
Renewables & Environment
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About Primus Power Stock
Primus Power is a privately held, Northern California based producer of flow batteries: Big Batteries for the Smart Grid. These patented, liquid batteries provide flexible capacity from 25kW to 25MW, for stationary, grid scale applications. Primus' EnergyPod provides 5 hours of energy discharge and a long twenty year life span. These Zinc Bromine batteries are safe and low maintenance. The company has systems installed and working in the field both domestically and internationally and has a growing backlog. The second generation EnergyPod 2 announced production February 21, 2017 with a reduced footprint, low cost of goods, and high reliability components to deliver superior power density. The company has proven technology with installed systems that are working in the field. Investors include Nancy Pfund at DBL Investors, Vancouver based Chrysalix Energy VC, I2BF, Palo Alto based Kleiner Perkins, Anglo American, Rusnano, and Kazyna Capital Management.
Investors
Success Dragon
Matador Capital Partners
Anglo American Platinum
DBL Investors
Farmers Business Network, Mapbox, Planet, Primus Power, Revolution Foods
California Energy Commission
Funding History
August 2009 | $4.1M |
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May 2011 | $11.1M |
December 2013 | $29.0M |
July 2015 | $70.8M |
March 2017 | $44.6M |
Management
Chief Executive Officer
Tom Stepien
Press
openpr - Mar, 1 2024
Flow Batteries Market Size is forecasted to reach US$ 4.11 billion by 2033abnnewswire - Mar, 1 2024
Solar Battery Market: Batteries for the Sun | Asia Pacific 17%+ CAGR by Australia, China, South Korea, Singapore, Japankalkinemedia - Mar, 1 2024
Solar Energy Storage Market to Witness Huge Growth by 2031 – BMW, Leclanché SA, Owens Corning, Siemens ...finance - Jan, 20 2024
Flow Battery Market size to grow by USD 510.03 million from ...globenewswire - Jan, 20 2024
Flow Battery Market projected to reach USD 1,467.2 Million