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Print Edition StoriesLiquid Metal Battery Corp. (LMBC) has obtained patent rights from MIT for technology associated with its grid-level electric storage batteries.
The Cambridge-based company is an MIT spinout co-founded by Donald Sadoway, John Elliott, David Bradwell and Luis Ortiz. It’s backed by financing from French energy company Total SA, along with personal funding from Microsoft Corp. founder Bill Gates.
“By securing the necessary IP infrastructure and funding from two important new-energy investors, LMBC can explore scale-up engineering and commercialization efforts,” Ortiz, president of the company, said in a statement.
LMBC is working on an all-liquid battery to enable bulk energy storage from intermittent renewable energy sources. To date, the technology has attracted $9 million in funding from the U.S. Department of Energy’s ARPA-E research agency, as well as early sponsorship from MIT’s Deshpande Center, the Chesonis Family and DARPA.
LMBC noted in a press release that it is building a team to commercialize the technology.
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