Skip Technologies, a cutting-edge energy storage company based in Portland, Oregon, has received an investment from Puyallup Tribal Enterprises to further develop their unique liquid battery technology. This investment will be used to expand operations and bring their innovative battery design to market.
Under the leadership of CEO Brennan Gantner, Skip Technologies has created a new type of battery that uses bromine and hydrogen instead of the traditional lithium. This design is groundbreaking in that it has no moving parts and is fully recyclable. By using the cost-effective and relatively safe bromine, along with allowing hydrogen to evaporate in case of leakage, the battery demonstrates an environmentally conscious approach.
The investment from Puyallup Tribal Enterprises is significant as it aligns with their shared vision of protecting and preserving the environment, creating high-quality local jobs, and establishing a successful domestic manufacturing business. CEO Gantner expressed excitement about this partnership and noted that having Puyallup Tribal Enterprises as a lead financial investor was an honor. He looks forward to utilizing their manufacturing capacity to bring this innovative technology to market.
With this investment, Skip Technologies is poised for growth and further development of their liquid battery technology. Their unique approach to energy storage is set to revolutionize the industry and provide long-duration energy solutions for a wide range of applications.