The Elements of Innovation Discovered
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Idaho-focused mining company Perpetua Resources Corp. and Ambri Inc., a battery technology company born from research at the Massachusetts Institute of Technology, have forged a partnership that will help advance the antimony-based liquid-metal battery technology that can provide the large-scale energy storage needed to decarbonize electrical grids in the United States and around the world. "This agreement is a meaningful step in support of the current administration's goal...
Ambri Inc., which is advancing antimony-based liquid-metal battery technology developed at the Massachusetts Institute of Technology, has secured a $144 million financing to commercialize and grow its daily cycling, long-duration battery technology, and to build a domestic manufacturing facility. This latest round of financing announced by the company on Aug. 9 was led by strategic investors Reliance New Energy Solar Ltd, a wholly-owned subsidiary of Reliance Industries Ltd.,...