ESS Tech acquires VoltStorage IP and assets

Reuters
Feb 18
ESS Tech acquires VoltStorage IP and assets

ESS Tech, Inc. has acquired the intellectual property and assets of Germany’s VoltStorage GmbH, adding VoltStorage’s iron-salt battery patent portfolio and development work to ESS’s technology base. ESS said the deal also provides access to skilled personnel and is intended to accelerate development of a flexible, cost-effective long-duration energy storage platform and support its U.S. manufacturing efforts.

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