Marubeni Corporation signs an investment agreement with Skeleton Technologies which strengthens their long-term partnership
Taavi Madiberk, Co-Founder and CEO of Skeleton Technologies, commented: “We are proud and thankful for the support and trust from Marubeni Corporation. Marubeni is way more than an investor, it is a strategic partner for Skeleton and has been instrumental in enabling us to achieve excellent commercial traction in Asia, particularly in heavy-duty equipment and vehicles, and in the automotive sector. We are very satisfied by the market’s interest for our SuperBattery and we now need to expand our manufacturing capacity to meet customers’ demand. We will continue to work hard together with Marubeni, while benefitting from its global business network and experience in the energy sector.“
Masayuki Omoto, COO of Next Generation Business Development Division of Marubeni Corporation, said: “Since Marubeni joined Skeleton as a strategic partner in March 2021, we have received enthusiastically positive feedback to Skeleton’s products from global manufacturing companies, and collaborated on development of SuperBattery applications. Recognizing substantial potential in the field of heavy duty electrification, electrified and hybrid vehicles, and grid energy storage, we believe our investment will help Skeleton fortify mass production capabilities for SuperBattery, bring the SupperBattery to customers in the fastest manner and fuel company growth. Considering the market demand for high power batteries and supercapacitors, we clearly see Skeleton transforming into one of leading and truly next-generation battery companies in the world.”
Diego Pavia, CEO of EIT InnoEnergy, stated: “We are one of the early investors in several European champions in the battery value chain, with several having reached the industrial Unicorn status. We see Skeleton, which we entered 7 years ago, scaling up rapidly and following a similar path, contributing to further addressing the European battery demand. Marubeni’s investment is one of the top strategic deals in the European battery industry this year and, it is a testament to the excellent work done by Taavi and the entire Skeleton team. It showcases how to take a deeptech company to the market, continue executing the strategy, and grow shareholder value in all market conditions.”
Skeleton has validated its technology and competitive advantage in real-life applications and focuses on the high-power, fast-charging segment of energy storage technologies, filling an important market gap. Skeleton is currently ramping up manufacturing of its supercapacitors product line with a new factory near Leipzig (Germany), and planning for the production scale-up of its SuperBattery product.
The commercial cooperation between Skeleton and Marubeni covers Asia, excluding China and India. The Japanese conglomerate with over €50 billion of annual revenue sells Skeleton’s products in the region, supports commercial scale-up and customer acquisition for Skeleton’s Superbattery in Asian markets and uses its relationships with existing clients to develop new applications for Skeleton’s patented curved graphene material.
The two companies are strategic partners since March 2021.
Skeleton Technologies is a Global Cleantech 100 company and a technology leader in high power, fast charging energy storage for transportation, grid, automotive, and industrial applications.
For us, developing and producing the best energy storage solutions is a means to an end: helping companies to reduce CO2 emissions and save energy.
We work with some of the largest companies in the world – from European automotive companies, industrial equipment OEMs to truck fleet operators and aerospace prime contractors. Our products decrease CO2 emissions and fuel consumption, improve power quality, and empower wider electrification of the biggest industries globally to fight climate change.
Our supercapacitor and SuperBattery energy storage technologies, based on patented curved graphene, represent the biggest technological advancement in the industry in the last 20 years and the use of this innovative material provides our products with an unparalleled advantage in power and energy density.
Skeleton Technologies Group has four main locations: its manufacturing in Großröhrsdorf, sales in Berlin, materials development in Bitterfeld-Wolfen, and electrical engineering and module development in Tallinn, Estonia. In 2024, we will open the largest supercapacitor factory in the world in Markranstädt, Germany.
Skeleton Technologies GmbH
Schücostraße 8
01900 Großröhrsdorf
Telefon: +49 (35952) 416040
http://www.skeletontech.com/de
Telefon: +49 17621144095
E-Mail: dr@dwr-eco.com
