article thumbnail

Liquid Metal Battery Corp secures patent rights from MIT

Green Car Congress

Liquid Metal Battery Corporation (LMBC), a Cambridge, Massachusetts company founded in 2010 to develop new forms of electric storage batteries that work in large, grid-scale applications, has secured the rights to key patent technology from MIT. Patents for all liquid metal battery inventions were licensed from MIT.

MIT 210
article thumbnail

MIT researchers conclude fundamental changes in the US energy-innovation system are needed to meet challenges of climate change and energy supply

Green Car Congress

A three-year study by a team of researchers based at MIT has concluded that fundamental changes are needed in the US energy-innovation system. The study was carried out at the MIT Industrial Performance Center and involved faculty and students from nine MIT departments. Business as usual is unsustainable over the long run.

article thumbnail

Liquid metal battery company Ambri raises $35M in Series C

Green Car Congress

Ambri, developer of Liquid Metal Battery grid-scale energy storage technology, closed a $35-million Series C equity financing. Ambri has raised more than $50 million in equity financing since its founding in 2010 and is the exclusive licensee of the Liquid Metal Battery intellectual property developed at MIT.

Companies 210