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Ambri (company)
Ambri, Inc. is an American startup company which aims to produce molten-salt batteries for energy storage in wind and solar power systems. In 2016 it had thirty-seven employees. History The Liquid Metal Battery Corporation was formed in 2010 to commercialize the liquid-metal battery technology invented by Professor Donald Sadoway and Dr. David Bradwell at the Massachusetts Institute of Technology. It was renamed Ambri in 2012. In 2012 and 2014, it received $40 million in funding from Bill Gates, Khosla Ventures, Total S.A., and GVB. In September 2015 the company deferred plans for commercial sales of its batteries, and laid off a quarter of its workforce. In 2016 it hoped to develop a calcium-antimony battery. In 2020, Ambri signed a contract with TerraScale to deliver a 250 MWh energy storage installation for a data center to be built in Churchill County, Nevada near Fernley. In 2021, Reliance Industries announced that one of its subsidiaries along with Bill Gates ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Privately Held Company
A privately held company (or simply a private company) is a company whose shares and related rights or obligations are not offered for public subscription or publicly negotiated in the respective listed markets, but rather the company's stock is offered, owned, traded, exchanged privately, or Over-the-counter (finance), over-the-counter. In the case of a closed corporation, there are a relatively small number of shareholders or company members. Related terms are closely-held corporation, unquoted company, and unlisted company. Though less visible than their public company, publicly traded counterparts, private companies have major importance in the world's economy. In 2008, the 441 list of largest private non-governmental companies by revenue, largest private companies in the United States accounted for ($1.8 trillion) in revenues and employed 6.2 million people, according to ''Forbes''. In 2005, using a substantially smaller pool size (22.7%) for comparison, the 339 companies on ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |