According to filings with the U.S. Securities and Exchange Commission, Natron Energy is raising $242,000,000.00 in new funding. Sources indicate that as part of senior management Chief Executive Officer, Colin Wessells played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.

About Natron Energy
Natron Energy is the worlds leading developer and supplier of high power, long life, and low cost Prussian Blue Sodium Ion battery solutions for critical power and industrial applications, including data center UPS systems and electrically-powered materials handling equipment. We change the way the worlds biggest electricity customers use power for their businesses. Industrial power utilizes decades old, environmentally hazardous battery technology such as Lead Acid and Lithium Ion. Natrons revolutionary Sodium Ion battery leverages Prussian Blue electrode materials to deliver a high power, high cycle life, and completely fire safe battery solution without toxic materials, rare earth elements, or conflict minerals. As the world electrifies to combat climate change, Naton will help industries transform the way they use battery energy for critical applications and processes. There have been four major battery chemistries to achieve commercial success in the last 100 years. Natron is the fifth. Colin Wessells founded Natron Energy as a Stanford PhD student in 2012. His vision to build a company to deliver ultra-safe, high power batteries started in a garage in Palo Alto. After countless hours of development with an ever expanding team of scientists and engineers, Natron now operates a state of the art pilot production line for Sodium Ion batteries in Santa Clara, California. In 2020, Natron became the worlds first Sodium Ion battery to achieve UL 1973 listing for our battery product, and commercial shipments to customers in the data center, forklift, and EV fast charging markets began. Our technology leverages standard, existing Li-ion manufacturing techniques allowing the company to scale quickly. With supply chain and factory agreements in place, Natrons manufacturing capacity will increase 200x in 2022.

To learn more about Natron Energy, visit http://natron.energy/

Contact:
Colin Wessells, Chief Executive Officer
408-498-5828
https://www.linkedin.com/in/colin-wessells-9b148b42/

SOURCE: http://www.intelligence360.io
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