Skip Technologies, a cutting-edge company based in Portland, Oregon, is dedicated to creating a revolutionary liquid battery for large-scale energy storage with a duration ranging from 4 to over 100 hours. The company recently received an investment from Puyallup Tribal Enterprises, although the exact amount of the deal was not disclosed. This financial backing will enable Skip Technologies to expand operations and continue refining their groundbreaking battery technology.
Under the leadership of CEO Brennan Gantner, Skip Technologies has developed a new type of battery that utilizes bromine and hydrogen instead of traditional lithium. This design is innovative in that it contains no moving parts and can be fully recycled. By utilizing cost-effective and safe bromine along with allowing hydrogen to evaporate in case of leakage, the battery demonstrates an environmentally conscious approach.
In a statement regarding the investment, CEO Gantner expressed excitement about partnering with Puyallup Tribal Enterprises. He emphasized their shared vision of protecting the environment, creating high-quality local jobs, and establishing a successful domestic manufacturing business. Gantner noted that having Puyallup Tribal Enterprises as a lead financial investor was an honor and looked forward to utilizing their manufacturing capacity to further develop his company’s technology.
Overall, Skip Technologies is well-positioned for growth and continued innovation with the support of their recent investment. With their innovative battery technology and commitment to sustainability, they are poised to revolutionize the energy storage industry.