Aquion Energy was a Bethlehem, Pennsylvania and Washington, D.C.-based company that manufactured sodium ion batteries (salt water batteries) and electricity storage systems. The company claimed to provide a low-cost way to store large amounts of energy (e.g. for an electricity grid) through thousands of battery cycles, and a non-toxic end product made from widely available material inputs and which operates safely and reliably across a wide range of temperatures and operating environments. The company was founded in 2008 by Jay F. Whitacre, a professor at Carnegie Mellon University, and Ted Wiley. They set up research and development offices in Lawrenceville, where it produced pilot-stage batteries. The company raised funding from Kleiner Perkins, Foundation Capital, Bill Gates, Nick and Jobey Pritzker, Bright Capital and Advanced Technology Ventures, among others. More information...
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