EOS
IMPACT ASSESSMENT FOR EOS
IMPACT PROFILE - NOVEMBER 2020
Eos Energy Storage is a New Jersey-based company that develops and manufactures grid-scale energy storage solutions using its Znyth battery technology.
Using EOS’ technology, utilities can rely on cleaner and a more efficient energy mix by storing excess energy produced during off peak hours and discharging the stored energy back to the grid during peak hours. The main environmental advantages of EOS’ battery is its recyclability and avoidance of rare earth materials.
This profile compares the EOS battery against traditional battery chemistries such as Lithium-Ion, Lead-Acid, Sodium Sulfur and Vanadium Redox.
Headquarters
New Jersey, USA
Founded
2008 as Grid Storage Technologies
Business model
Publicly Listed: EOSE:NASDAQ
Employees
70
Financial status
$171MM funded to date
Intellectual Property
14 patent families with over 140 patents pending, issued, or published in 33 countries
Website
eosenergystorage.com
