Lion Power provides an autonomous battery exchange system for forklift fleets, delivering a complete swap in under two minutes with zero manual handling.
Funding
Funding not disclosed
Founders
Product
Problem
Material handling fleets rely on lead‑acid batteries that must be manually removed, charged, and stored, causing forklift downtime, safety hazards from acid and heavy lifts, and large battery rooms that consume valuable warehouse space.
Solution
Lion Power’s Autonomous Power Management platform replaces manual battery handling with a fully automated robotic exchange system (ionX) that swaps a depleted lithium‑ion battery for a fully charged one in under two minutes. The system uses industrial‑grade robotics with sub‑millimeter precision to extract and install batteries without operator involvement, eliminating exposure to acid, gas, and heavy loads. A unified lithium battery architecture (ionCore) provides 30% higher energy efficiency and supports all forklift types with a single battery form factor. Real‑time telemetry (ionSight) logs each exchange, monitors battery health, and optimizes charge cycles, while the AutoConnect interface verifies power and data connections automatically. The modular design scales from 20 to 150+ forklifts within a footprint of less than 700 ft², delivering continuous 24/7 operation and reducing peak demand charges.
Target Audience
Primary customers are warehouse and distribution center operators managing large forklift fleets who need to minimize downtime, improve safety, and reduce energy and space costs.
Features
- Sub‑2‑minute fully automated battery exchange using the ionX robotic arm with repeatable sub‑millimeter accuracy
- Unified ionCore lithium‑ion batteries compatible with pallet jacks, reach trucks, sit‑down counterbalance forklifts, and more
- Real‑time fleet telemetry via ionSight dashboard for exchange events, state‑of‑health, and energy consumption analytics
- AutoConnect power and data interface that automatically verifies connections on every swap
- Modular, scalable infrastructure that supports 20–150+ forklifts within a < 700 ft² footprint
- 30% energy reduction versus lead‑acid batteries and up to 2.5 MW peak demand mitigation
- 24/7 autonomous operation with minimal maintenance and 99.7% system uptime