Ambri, Inc. is an American startup company which aims to produce molten-salt batteries for energy storage in wind and solar power systems.[1] In 2016 it had thirty-seven employees.[2]
Formerly | Liquid Metal Battery Corporation |
---|---|
Company type | Private |
Founder | Donald Sadoway |
Headquarters | , U.S. |
Products | Batteries for Renewable Energy storage |
Website | ambri |
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.[3] In 2012 and 2014, it received $40 million in funding from Bill Gates, Khosla Ventures, Total S.A., and GVB.[4]
In September 2015 the company deferred plans for commercial sales of its batteries, and laid off a quarter of its workforce.[5] In 2016 it hoped to develop a calcium-antimony battery.[6][2]
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.[7][8][9]
In 2021, Reliance Industries announced that one of its subsidiaries along with Bill Gates and others, would invest $144 million in Ambri. Reliance is also in talks with Ambri to set up manufacturing and distribution facility in India.[10][11]
In September of 2023, despite receiving $144 million in funding 2 years earlier, Ambri announced it will be forced to lay off 105 workers, unless it can raise additional funding on or before Nov. 13 2023.[12]