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GET A PIECE OF BLUE SKY ENERGY

Sustainable Energy Storage

Our parent company, BlueSky Energy, GmbH, is a growing, Austrian-based company that builds, designs, and sells battery storage systems using environmentally friendly, and inherently safe, saltwater and Lithium Titanate Oxide technologies for the residential and commercial market.

This Reg CF offering is made available through StartEngine Capital, LLC. This investment is speculative, illiquid, and involves a high degree of risk, including the possible loss of your entire investment.

$480,707.85 Raised

REASONS TO INVEST

Battery Energy Storage System Market Size is projected to reach USD 6.9 Billion by 2025 - a 4.7 Billion jump since 2019. Because our systems can be scaled to meet any consumer or commercial power needs, much of the market is in our grasp.

The growing renewable energy sector, which increases the need for energy storage, is expected to promulgate the market.

The demand for uninterrupted power is expected to rise exponentially in the coming years due to continuous population growth, infrastructure development, rapid industrialization, and ever-increasing environmental volatility.



Overview


Meet Blue Sky Energy - Bringing You Clean, Safe Energy Storage

When thinking of energy conservation, solar power is often the first thing that comes to mind. But with the reality and unpredictability of climate change - we can’t always expect the sun to do the work on its own. 

That’s where energy storage comes in, with BlueSky Energy as your leading, sustainable force. We create safe and reliable power storage systems to maximize the capture and re-use of renewable energy sources with a focus on minimizing environmental impact.

Clean Energy Storage for Clean Energy 

The Problem


Climate Change is Happening

And while the current renewable energy sector is doing all it can, we are still all being affected. 


Within that sector, you need energy storage: AKA batteries. Batteries store your renewable energy so you can use it when you need it - without being affected by changing weather conditions. 

While the battery industry is solving some problems in renewable energy, it's also contributing to others by using scarce, expensive, and sometimes harmful materials like cobalt. We believe there aren't enough energy solutions that provide people with clean, safe, reliable alternatives to these products.

The Solution


Harmless Batteries for You and the Planet

We wanted to provide solutions to battery storage that were better both for the consumer and the environment.


We do this in two ways…

 
 
 
  1. The Saltwater Battery: totally green, endurance-based battery
  2.  VIGOS: a power-based solution with twice the lifespan of other batteries, free from harmful mining practices like those required with cobalt

 
 
 
 
 

The Market


A Green Market Only Getting Greener 

Battery Energy Storage System Market Size is projected to reach USD 6.9 Billion (source) by 2025 - that’s more than three times the size it was in 2019.  


With declining prices of lithium-ion batteries, and increased demand for uninterrupted power supplies, the North American energy storage market alone is expected to grow at a CAGR of approximately 46.35% (source) during the same forecast period. 

Also, the growing renewable energy sector, which accelerates the need for energy storage, is expected to propagate that market.


Our Traction


Our Milestones

Here’s a timeline of some of our recent successes, and upcoming ones:

  • In 2017 we sold our first Greenrock Saltwater Plug & Play system, and now we have installed over 500 systems around the world (source)


  •  In 2019, we began selling power systems in North America with a formal expansion into our US headquarters in 2020.


  • In Jan. 2021, Austria shipped the first VIGOS, installing 3 All-Weather Systems across Europe. This product will be available to us in the United States in Q2 of 2021, and is already gaining traction within our consumer population.


  • By Q2 of 2021, we expect a third flagship product, CEL3050, will be released and is a smaller version of VIGOS 

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What We Do


Green Energy Storage to Meet Your Needs 

From small homeowners to large industrial conglomerates - it’s important to us to learn about our customers' varying needs. 


That’s why we designed systems using our product range of high-powered VIGOS or endurance-based Saltwater batteries, and integrate them with various fabricated or off-the-shelf parts such as inverters, controllers, cables, and battery management systems. 

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Additional Battery Specifications:


The Saltwater Battery: 

  • 100% renewable, safe and made from abundant materials. 
  • No harmful mining practices, no extraction of rare-earth materials
  • Toxic-free, with no special shipping or handling required  (highly uncommon in the energy storage industry)

Vigos Battery:  

  • Made from LTO (Lithium Titanate Oxide)

  • A safe, non-flammable, non-explosive Lithium-based product without Cobalt

  • Lasts twice as long as NMC and LFP Lithium technologies 

  • Operates in a much wider temperature range of -30C to +50C (source)

The Business Model


Organic Means to Organic Success

Like our product, our sales process will evolve in the coming years - keeping up with the growth of renewable energy and all of its subsequent demand.


With our current systems sold for $15K-$100K each, we’ve had organic, successful traction mainly reaching customers through referral or word of mouth. Our on-the-ground approach has been widely successful. In our first year in the US, we reached USD $370k of revenue with minimal marketing and outreach efforts, and our parent company earned an additional EUR $3M in 2020.

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How We Are Different


In a League of Our Own

Our industry and competitors predominantly use NMC and LFP technology, meaning they are made up of Lithium-phosphate or Lithium, Manganese, and Cobalt as cathode materials. We stand in a unique position, as our technology is none of those.

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We offer similar solutions as other major players, just in a greener, safer, and more sustainable form. We believe we are the only company to build a system that meets the Living Building Challenge standards for energy storage - architecture's greenest energy standard.

The Vision


The Future of Green Power

We aim to offer one-of-a-kind energy storage solutions that are safe, clean, efficient, and reliable. And we’re at the cusp of major growth, innovation, and development.

Where we are heading:

  • Acquiring a large network of installers to reduce internal costs
  •  Bidding on larger, industrial-sized projects, expanding production to the US in Idaho, and a future site in Canada, allowing us to scale exponentially
  • Employing local workforces from skilled engineers to production teams, and everyone in between

OUR LEADERSHIP


Leaders Across the Globe

In 2012, our parent company, BlueSky Energy Gmbh, was founded in Frankenburg, Austria by Hansjoerg Weisskopf.


After a successful career in high-tech contract manufacturing, Hansjoerg saw the need for energy storage as a required enabler for the growing renewable energy market.


Since then, Blue Sky has built its foundation on a bedrock of strong leadership spanning between the US and Europe. From Austria to Idaho, between all Blue Sky entities, we have 65 employees forging ahead with one collective vision. 


Hansjoerg Weisskopf - Founder & Chairman of the Board 

Lyle Gold - CEO & Founder 

Thomas Krausse - CFO / CEO 

Christian Trucco - Director of Applications Engineering and Product Management 

Why Invest


Storage is the Next Frontier of Renewable Energy 

Blue Sky is a growing business in a booming niche. We hold ourselves and our products to the highest standards and believe we are pioneers in the changing scope of the energy industry.

Energy storage is the next frontier and will be a critical component in the renewable energy sphere.

Quick Insert

ABOUT

HEADQUARTERS
875 Kootenai Cut Off Rd.
Ponderay, ID 83852

Our parent company, BlueSky Energy, GmbH, is a growing, Austrian-based company that builds, designs, and sells battery storage systems using environmentally friendly, and inherently safe, saltwater and Lithium Titanate Oxide technologies for the residential and commercial market.

TEAM

Hansjoerg Weisskopf
Hansjoerg Weisskopf
Global CEO and Founder

Hansjoerg has an Electrical Engineering degree and began his career as an electrical engineer, quickly transitioning to sales and marketing. Hansjoerg spent much of his early career heading up the international sales teams for large electronic companies in Europe. He spent 8 years in as International Business Manager for the US firm Esterline before branching out on his own and forming his own contract manufacturing company Allied Panels. After 8 successful years where Allied Panels was the #1 manufacturer of Ultrasound Machines for GE Medical, Siemens and others, Allied Panels was bought by the large Global contract manufacturing company Celestica. Hansjoerg stayed on with Celestica as head of international sales and after 1 year (in 2012) he founded BlueSky Energy, who’s mission is clean, green, safe energy storage.

Horst Wolf
Horst Wolf
Global Founder

Horst Wolf – Global Founder started his career with the automotive supplier Bosch in Germany heading departments with thousands of employees before he started his own Wolf Group company. The Wolf Group is an international leading metal high tech company with companies in China, US, India besides the headquarter in Germany. Horst holds advisory board seats in multiple organizations and is the strategic mind behind BlueSky’s manufacturing and technology agenda. 

Thomas Krausse

Thomas Krausse

President of Global Operations

Thomas was leading multiple companies in his roles as Managing Director or/and CFO since his graduation from university where received his PhD in Finance. As an entrepreneur he was successfully developing start-up companies and is passionate about real estate investments. Thomas is speaker of international congresses on the topic of alternative energy and energy storage. Within the BlueSky Energy Group he is heading the R&D efforts as well as the international business development besides his Finance core functions. 

Lyle Gold

Lyle Gold

President/CEO of North America Operations

Lyle has a degree in Physics and managed several engineering teams for military and aerospace contractors such as AVX and Lockheed. In 1995 Lyle joined Esterline corporation in Coeur d’Alene, Idaho where he spent 9 years working with Hansjoerg Weisskopf as part of the international business team. He then joined Weisskopf and Krausse with Allied Panels, including 1 year at Celestica and now Lyle is the CEO of BlueSky US, Inc.

Christian Trucco

Christian Trucco

Director of Operations, Officer

Christian has a BS (2005) in Natural Resource Conservation and advanced degrees in both Landscape Ecology and Construction Management in 2010 and 2015 respectively. Christian has been part BlueSky US, Inc for one year. Christian is the Production manager.

Lorrin Chang

Lorrin Chang

Engineering Manager

Lorrin received a BS in Mechanical engineering in 1998 and also has a professional engineering license since 2003. After university Lorrin worked with Boeing for several years and NASA for 6 years as Sr. Design Engineer. Lorrin has been with BlueSky Energy US, Inc for 6 months.

Emily Erickson

Emily Erickson

Director of Marketing

Emily earned a BA in Sociology in 2015 and began professionally writing in 2018. Emily’s writing career expanded into marketing and brand development, and she founded her own online design and content studio in 2020. Emily has been working for BlueSky Energy, USA for one year, and is serving as the Director of Marketing for US operations.

Brian Snow

Brian Snow

Engineering Manager

Brian has a BS (1986) in Mechanical Engineering and worked for General Dynamics Space Systems Division for 7 years, designing launch vehicles. In 1993, Brian joined Esterline corporation in Coeur d’Alene, Idaho where he worked for 24 years as an engineering department manager and as a business unit manager. While at Esterline, Brian worked closely with Lyle Gold and Hansjoerg Weisskopf on a number of international projects. In 2018-2019, Brian worked as a Sr. Program Manager for Jabil, Inc., a global contract manufacturer. Brian is now an advisor for BlueSky US, inc.

Stanley Birnbaum

Stanley Birnbaum

Legal Advisor

Stanley has practiced law for more than 40 years. He has structured, negotiated, documented, evaluated and closed transactions of many types including securities transactions, real estate purchases and sales, real and personal property leases, secured and unsecured loan transactions, employment agreements and purchases and sales of businesses. Prior to attending law school, he developed software to support reconnaissance satellites in the aerospace industry. Stan has a Martindale Hubble “AV” rating.

Stan is a graduate of the University of Texas School of Law and has a Master's Degree in Engineering from the University of Pennsylvania. 

Stan practiced in California before moving to Idaho and joining the Sandpoint law firm of Berg McLaughlin & Nelson. He began his legal career with Perkins Coie in Seattle, Washington. In San Francisco he was a partner in Steefel, Levitt and Weiss, which is now a part of Manatt, Phelps and Phillips, a large multinational law firm. Stan was Corporate Counsel for North American Mortgage Company, a large independent residential mortgage banking company which is now a part of Chase Bank.

John Clutter

John Clutter

Advisor

John has over 25 years of hands-on experience in account development for custom manufactured products for medical, industrial automation, and military industries. He spent a majority of his career with Esterline/Advanced Input Systems (with H. Weisskopf, B. Snow and L. Gold) in various leadership roles including: Business Development, Sales, Customer Service/Order Entry, Account Management, Quality Assurance, Contracts/Compliance, and ERP implementation. John received a B.A. in Business Administration/Accounting from Washington State University.  

Kevin Waldher

Kevin Waldher

Finance Advisor

Kevin received his finance degree with an emphasis in Financial Institutions in 1987. Since that time, he has developed over 350 residential and commercial projects for his own account. Owned several finance and mortgage companies focusing on creative real estate finance and contract brokerage. Most recently from 2010 forward he has raised in excess of $55M from High Net Worth Individuals and institutional debt totaling $17.5M for ViZn Energy, functioning as the EVP of finance and Investor Relations, founder and director of the company. Kevin also founded and raised the initial A round of $2.5M for ZAF Energy Systems.

TERMS

Blue Sky Energy
Overview
PRICE PER SHARE
$3.08
DEADLINE
Dec 10, 2021
VALUATION
$20.02M
FUNDING GOAL
$10k - $1.07M
Breakdown
MIN INVESTMENT
$308
MAX INVESTMENT
$106,999.20
MIN NUMBER OF SHARES OFFERED
3,246
MAX NUMBER OF SHARES OFFERED
347,401
OFFERING TYPE
Equity
ASSET TYPE
Common Stock
SHARES OFFERED
Common Stock

Maximum Number of Shares Offered subject to adjustment for bonus shares

*Maximum Number of Shares Offered subject to adjustment for bonus shares. See Bonus info below.

Company Perks*

Perk Structure:

Early Bird

Friends and Family - First 72 hours | 15% bonus shares

Super Early Bird - Next 72 hours | 10% bonus

Early Bird Bonus - Next 7 days | 5% bonus shares

Volume

Tier 1 perk - $500 + 5% off any battery system

Tier 2 perk - $1000 + above + Owners Cap

Tier 3 perk - $5,000 + Cap and Shirt + 5% bonus shares

Tier 4 perk - $10,000+ | 7% bonus shares

Tier 5 perk - $25,000+ | 10% bonus shares

Tier 6 perk - $50,000+ | 15% bonus shares

Tier 7 perk - $100,000+ | 20% bonus shares and an invitation to our Austrian Mountain village to receive a factory and executive tour and tour of the region with locals

*All perks occur when the offering is completed.

The 10% StartEngine Owners' Bonus

Blue Sky Energy will offer 10% additional bonus shares for all investments that are committed by investors that are eligible for the StartEngine Crowdfunding Inc. OWNer's bonus.

This means eligible StartEngine shareholders will receive a 10% bonus for any shares they purchase in this offering. For example, if you buy 100 shares of common stock at $3.08 / share, you will receive 110 shares of common stock, meaning you'll own 110 shares for $308. Fractional shares will not be distributed and share bonuses will be determined by rounding down to the nearest whole share.

This 10% Bonus is only valid during the investors' eligibility period. Investors eligible for this bonus will also have priority if they are on a waitlist to invest and the company surpasses its maximum funding goal. They will have the first opportunity to invest should room in the offering become available if prior investments are cancelled or fail.

Investors will only receive a single bonus, which will be the highest bonus rate they are eligible for.

PRESS

Article Image
Photon.info

BlueSky Energy chooses production site in Austria

Article Image
PV Europe

Thomas Krausse of Bluesky Energy: „Battery cells made in Austria“

Article Image
The Reader

Power play

ALL UPDATES

REWARDS

Multiple investments in an offering cannot be combined to qualify for a larger campaign perk. Get rewarded for investing more into Blue Sky Energy.

JOIN THE DISCUSSION

0/2500

JM
Jeremy Moloney

a year ago

An update about BlueSky Energy ceasing operations was posted but now appears to have been removed. What is the situation? Besides this removed update, I have heard nothing by email and there is nothing I can see on their website on them stopping operations.

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JM
Jeremy Moloney

a year ago

Has anyone contacted StartEngine on this? Will StartEngine reach out to their contact at BlueSky Energy to see what is going on and the status of investors’ shares? What help, if any, does StartEngine give their customers/investors in these types of situations?

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FB
Fred Bonyadian

a year ago

This turn of events is disappointing to say the least! Could someone provide clarity as to the status of our investments. Should we put this in the loss column? Does the parent company in Austria accept any responsibility? Closing down the operations is one thing, but what happened to the funds raised? Will the investors receive any refunds? Or will someone provide an accounting of expenditures? Investing in a high risk startup is one thing, but not having any transparency is unreasonable if not unconscionable.

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JC
John Clutter

a year ago

Lyle - I understand you are closing the BlueSky Energy USA office by end of May 2022. When do you plan to notify your investors?

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CS
Chester Stewart

2 years ago

I need you to send me an email so I can change my social security number my social security number got it put in there wrong

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PB
Philip Barbonis

2 years ago

About 6 months ago to a question on patents, you responded that you have a few patents pending. 1) Have you received the patents? 2) Where were the patents applications filed? In Europe, US? 3) What are the patent numbers, please? Thank you in advance.

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SH
Stephen Hart

2 years ago

Railroads may be a good market for your saltwater batteries. Most diesel locomotives actually have electric motors and the diesels run generators to feed the motors, which is really inefficient. One advantage to fully electrifying railroads is that they can use lower power density batteries, so less materials conflict with EVs. (Only about 1/3 of the volume of a "battery car" for each locomotive would be needed using lithium ion batteries - so your saltwater batteries would be a perfect fit.)

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CS
Chester Stewart

2 years ago

I'm trying to figure out how I can get your batteries in my house and connected to my solar panels and how much it would cost me to do that I'm an investor in the company and I would like to just get an answer on how we can work together to get heat in my house making your life and have a good night

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NB
Nathan Blanc

2 years ago

what is the energy density of your seawater batteries?

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DL
Daniella Leifer

2 years ago

Hello, has your company obtained, or is it planning to pursue, UL (Underwriters Laboratory) listing 9540? This is written into the national standard for energy storage systems, NFPA 855, so will be key for widespread adoption into the U.S. market.

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RAISED
$480,707.85
INVESTORS
412
MIN INVEST
$308
VALUATION
$20.02M

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