Inlyte Energy designs and manufactures iron-sodium batteries for commercial, industrial, and utility-scale energy storage systems. These batteries utilize naturally abundant raw materials to offer a cost-effective, long-duration alternative to lithium-ion technology. The systems provide resilient, safe energy storage with a projected 20-year lifetime for daily cycling and multi-day discharge applications.
Funding
$12.6M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
AOOTUSVVFounders
Product
Problem
The increasing demand for renewable energy sources requires cost-effective and reliable grid-scale energy storage solutions. Current battery technologies often rely on materials with limited availability, high costs, and supply chain vulnerabilities, hindering the widespread adoption of renewable energy.
Solution
Inlyte Energy develops grid-scale sodium metal halide batteries utilizing iron and sodium, which are naturally abundant and inexpensive raw materials. This approach provides a safe, durable, and environmentally friendly energy storage solution with readily available materials. The resulting batteries offer high round-trip efficiency, long lifespan, and resilience in extreme temperatures, making them a viable option for economical and reliable grid storage. By focusing on abundant materials and proven battery technology, Inlyte Energy aims to accelerate the transition to renewable energy sources.
Target Audience
The primary target audience includes utility companies, grid operators, and energy storage developers seeking cost-effective, reliable, and sustainable energy storage solutions for grid-scale applications.
Features
- Utilizes sodium metal halide battery technology with iron and sodium electrodes
- Employs environmentally friendly materials without supply chain constraints
- Offers low material and manufacturing costs
- Provides safe and durable operation in extreme temperatures
- Delivers high round-trip efficiency for energy storage
- Achieves a long lifespan for grid-scale applications