Form Energy Stock

formenergy.comEnergy / Energy StorageFounded: 2017Funding to Date: $841.52MM

Form Energy is a US-based energy storage technology and manufacturing business. They are developing an iron-air battery capable of storing 100 hours of electricity using renewable energy. Form Energy, formerly known as Baseload Renewables, was founded by Mateo Jaramillo, Theodore Wiley, William Woodford, Dr. Marco Ferrara, and Dr. Yet-Ming Chiang in 2017 and is headquartered in Somerville, MA.

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Team

Management Team

William Woodford
Co-Founder & Chief Technology Officer
Theodore Wiley
Co-Founder, President, Chief Operating Officer & Board Member
Mateo Jaramillo
Co-Founder, Board Member & Chief Executive Officer
Charlotte Beard
Senior Vice President of Finance
Yet-Ming Chiang Ph.D
Co-Founder, Chief Science Officer & Board Member
Marco Ferrera Ph.D
Co-Founder, Senior Vice President Software & Analytics

Board Members

David Danielson Ph.D
Breakthrough Energy Ventures
Katie Rae
The Engine
Gabriel Kra
Prelude Ventures
Marc Mezvinsky
TPG
Philip Deutch JD
NGP Energy Technology Partners

Form Energy’s stock FAQs

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Form Energy is not publicly traded on NYSE or NASDAQ in the U.S. To buy Form Energy’s stock you need to be an accredited investor. Learn more about how to invest in the private market or register today to get started.
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Form Energy is a privately held company and therefore does not have a public stock price. However, you may access Form Energy’s private market stock price with Forge Data.
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Form Energy does not have an official ticker symbol because this company is not currently publicly traded.
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News Highlights

California Energy Commission Awards $30M to 100-Hour, Long-Duration

Form Energy received a $30 million grant from the California Energy Commission to construct their energy storage project. To be built in Mendocino County at a Pacific Gas and Electric Company substation, it is expected to be the biggest long-duration project in California and the state’s first to use iron-air technology, which has a lower cost than lithium-ion. Aiming to be operational in 2025, the 5 megawatt/500 megawatt-hour project will provide power to residents in the region.

Iron And Rust Could Be The Secret To Storing Clean Power For Days

Form Energy, led by a former Tesla executive and backed by Bill Gates’s Breakthrough Energy Ventures and TPG, sees iron and rust as a low-cost solution to storing surplus energy for more than four days.

This New Super-Cheap Gigawatt-Scale Rust Battery Has Been Greenlit For Deployment In Minnesota

Form Energy, a startup supported by influential figures such as Gates and Bezos, is poised to revolutionize the grid-level renewable energy storage landscape with its game-changing iron-air battery system. This cutting-edge technology promises extended-duration energy storage at a fraction of the cost of lithium batteries, paving the way for a more sustainable and economically viable approach to storing renewable energy.
Updated on: Jul 14, 2024

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Public news articles listed on this page have been curated by Forge based on several factors including, but not limited to, product updates, changes in organization structure, funding rounds, third-party valuations, and key personnel changes. Changes to this list of articles can be made at any time without notice and should not be relied upon for investment purposes. Forge does not verify the accuracy of the information contained in public news articles.