Noon Energy is a battery startup co-founded by Chris Graves, a former NASA engineer who was once involved in researching how to extract oxygen from carbon dioxide on Mars as part of NASA’s Perseverance Mars rover program. As he delved into that assignment, Graves realized the process could be tweaked to store clean energy very cheaply for longer periods of time than is possible with today’s lithium-ion batteries, according to Canary Media.
He assembled a team of ten people. Working together, they managed to scale up the technology from a laboratory prototype by a factor of 50 during the past 14 months. That accomplishment gives the company confidence the core technology will work at scale to provide reliable energy storage for the electrical grid.
With those promising results in hand, Noon Energy has recently raised $28 million in a Series A financing round. It had previously…
Noon Energy Raises $28 Million To Develop Carbon-Based Long Term Energy Storage
