QuinteQ is a unique, verified and game changing flywheel technology developed by Boeing Research & Development and the US Department of Energy over the last 10 years.Existing prototypes demonstrate verified performance and the technology is ready to make the step to commercial production.
There is an existing market for QuinteQ, estimated at $50B, currently served by spinning reserves (power plants) and chemical storage (batteries). This market grows strongly over time into a multi trillion dollar market, as QuinteQ combined with renewable energy will start outcompeting fossil and nuclear based power generation.
QuinteQ solves lifetime, reliability and energy density challenges that are not solved by competitors and provides up to 15 times lower storage costs than alternatives.
Risks to the investor are mitigated by milestone development and the backing of IP from the Boeing Company.
The QuinteQ team is in place and includes leading business, science and energy experts.
A more detailed Investment Memorandum is available after entering into the appropriate accredited and non-disclosure investment agreements.
