Investors: Leslie Ventures, Resolute Venture Partners, Illinois INVENT, Illinois Tech, Evergreen Climate Innovations
Chicago-based solid-state lithium-air battery startup closed seed funding to develop rechargeable high-density energy storage for electric aircraft and drones.
UK greenlights 7.6 GW LDES storage, world's first revenue-floor scheme
Ofgem selected 16 projects for guaranteed-revenue contracts, setting global precedent for de-risking long-duration storage investment at scale.
Australia awards 4.2 GW battery storage in single tender round
Australian government selects 15 lithium-ion battery projects totaling 4.2 GW and 16.1 GWh in Capacity Investment Scheme Tender 8, unlocking AU$6B in private investment and establishing battery storage as the only viable dispatchable technology under long-term revenue guarantees.