- StorEn boasts four patents, five trademarks, successful fundraising track record
- Company has evolved idea, performance of vanadium batteries
- Exclusive technology delivers higher performance at lower cost, providing more efficient, safe, environmentally friendly and cost-effective energy storage
Dedicated to bringing battery storage into the 21st century, StorEn Technologies is building a reputation for leading the way forward in the development of evolutionary vanadium flow batteries. The battery pioneer is currently in the middle of a Reg A offering, creating a unique opportunity for investors interested in the future of battery storage.
The company has already proven its appeal. StorEn has raised $1.7 million and gained the support of more than 2,400 investors on StartEngine along with venture capital from ANYSEED fund (https://ibn.fm/Z80lB). StorEn also has four patents extended internationally in the PCT national phase, protecting is innovative IP in regions and countries in the world. In addition, the company has secured its first order and delivered its first battery, with additional units in production.
Incubated at the Clean Energy Business Incubator Program (“CEBIP”) at Stony Brook University in New York, StorEn has evolved the idea and performance of vanadium batteries, producing proprietary vanadium flow batteries designed to revolutionize the world of residential and industrial energy storage. The company’s exclusive technology delivers higher performance at lower cost, providing more efficient, safe, environmentally friendly and cost-effective energy storage.
Citing a case study comparing a StorEn vanadium flow battery with lithium batteries, StorEn came out the clear winner. StorEn’s battery life is 25 years, or 15,000 Equivalent Full Cycles, or EFCs (at 100% discharge), compared to lithium batteries (e.g., Tesla’s Powerwall is warranted for 10 years at 70% capacity). StorEn delivers 20 or 30kWh to Tesla’s 13.5kWh levels. StorEn’s product is 100% recyclable with a 100% reusable electrolyte, while the recycling of lithium batteries is complicated and expensive.
The strategy behind StorEn’s success is simple. The company started with what vanadium batteries are already known for — durability and sturdiness — and ran from there. Extensive testing and R&D resulted in innovative tech that the company has protected with four international PCT patents and five trademarks. So far StorEn is just starting on its journey to enhance and improve the world of batteries.
In part, StorEn’s technology has enhanced the electrical efficiency of the stack and energy density of the electrolyte and module, ultimately reducing costs and improving performance. The company produces products with a battery life of 25 years and more than 15K cycles. That company takes pride in offering batteries that meet consumers demand for efficient, durable and cost-effective energy storage, enabling self-consumption of self-produced electricity and the transition toward a carbon-free economy.
StorEn’s RegA offering has four different investment tiers; each tier offers a different discount and reward. With a proprietary product that answers the call for long-lasting, 100% recyclable, safe and affordable energy storage, StorEn and its disruptive, patent-pending, all-vanadium flow battery technology for energy storage holds real promise in a growing market.
For more information, visit the company’s website at www.StorEn.tech.
NOTE TO INVESTORS: The latest news and updates relating to StorEn Technologies are available in the company’s newsroom at https://ibn.fm/StorEn
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