To Our Prospective Investors,
It is an exciting time at StorEn! Last year, we completed a successful Regulation Crowdfunding campaign on StartEngine, raising $600k+ from hundreds of investors that share our passion for technology and the environment. We hit several milestones in our development with the funds raised! Therefore, I would first like to thank everyone who entrusted us and supported our project from the onset! We built our battery prototype and completed a first technical testing program at the Environment Park.
Next, we installed our prototype at the Advanced Energy Center at Stony Brook University for independent validation. We received the financial support of two New York State organizations for this: the New York State Pollution Prevention Institute (NYSP2I), and the Center in Integrated Electric Energy Systems (CIEES), an NYSTAR’s Center for Advanced Technology (CAT). Following this testing, we finalized the design of our MULTIGRIDS™ stack to move into the manufacturing phase. This allowed us to secure our first order for batteries to Australia, worth up to $500,000 to be delivered by end-2019.
We received R&D financing from the New York State Energy Research and Development Authority (NYSERDA) to test some innovative membranes.
Finally, we protected our IP internationally by extending our provisional applications to PCT patents at the WIPO in Geneva, Switzerland.
We are now back to ask our community and those who would like to join us, to support us in the next phase of our journey. Please help us achieve our dream of building a successful business while contributing to a superior cause that we feel passionate about, along with so many people. We are confident that our energy storage technology can enable the transition to the delayed use of electricity generated from renewable sources, like the sun and the wind. We envision that one day our batteries will power your home coupled to solar panels, storing clean energy and saving you money. In addition, they will support social and economic development by bringing electrification to off-grid communities, such as the ones in developing countries. Together we believe we can make StorEn a success and reap the rewards of our partnership while accomplishing an incredible mission. Help us to do well while doing good! Support StorEn!
Co-Founder and CEO
StorEn Technologies Inc.