Portfolio company Lyten is on the verge of obtaining a $650 million loan from the U.S. Export-Import Bank to advance its lithium-sulfur battery technology. This significant investment will facilitate the construction of a U.S.-based manufacturing facility, aiming to produce batteries that are lighter, more efficient, and free from cobalt and nickel. Such advancements hold promising implications for the electric vehicle and aerospace industries, marking a substantial step forward in energy storage solutions. What are your thoughts about the future of battery tech? https://bwnews.pr/4gIML1l #BatteryTechnology #EnergyInnovation #SustainableEnergy"
Prime Movers Lab
Venture Capital and Private Equity Principals
Jackson, Wyoming 9,579 followers
Backing breakthrough scientific inventions that transform billions of lives
About us
Prime Movers invests in the founders of breakthrough scientific startups with the potential to transform billions of lives. Since launching in 2018, Prime Movers has focused on six key areas including energy, infrastructure, transportation, agriculture, manufacturing, and human augmentation with over $1 billion of assets now currently under management. At the core of our differentiated approach is our deep technical and scientific diligence used to evaluate groundbreaking technologies, along with a relentless commitment to serve and add value to every founder, investor, partner, and member of our ecosystem.
- Website
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http://www.primemoverslab.com
External link for Prime Movers Lab
- Industry
- Venture Capital and Private Equity Principals
- Company size
- 11-50 employees
- Headquarters
- Jackson, Wyoming
- Type
- Partnership
- Founded
- 2018
Locations
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Primary
Jackson, Wyoming 83001, US
Employees at Prime Movers Lab
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Reza Raji
CxO | Inventor | IoT pioneer
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Sudhir Joshi, PhD
Board Member, Trusted Advisor, Faculty - Product Development Program at UC Berkeley.
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Russ Angold
Entrepreneur
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Simone D'Amico
Associate Professor at Stanford University; Founding Director of Space Rendezvous Lab (SLAB) and Center for AEroSpace Autonomy Research (CAESAR)
Updates
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🌟 Big strides in the quest for clean energy are coming! Focused Energy Inc. acquired two of the world's most powerful lasers to supercharge advances in fusion energy. This cutting-edge investment underscores the company's ambition to transform how we power the world—unlocking a future of sustainable, limitless energy. Fusion has long been considered the "holy grail" of clean energy. What are your thoughts about the future of fusion energy? 🔗 Read more about this exciting development here: #CleanEnergy #FusionPower #Sustainability #Innovation
Exclusive: Focused Energy buys two of the world’s most powerful lasers for its fusion quest | TechCrunch
https://techcrunch.com
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🌍🐝 Portfolio company Dalan Animal Health, Inc. is tackling a critical challenge for our environment and food supply—diseases in honeybees and shrimp—with groundbreaking vaccines. As pollinators, honeybees are vital for global food security, yet they're under constant threat from disease and pesticides. Shrimp, a staple in aquaculture, face similar risks. By creating vaccines tailored for these creatures, Dalan isn't just addressing animal health but also supporting ecosystems and sustainable food production. Check out this Forbes profile to learn more: https://bit.ly/3ZWjRVX What are your thoughts on how biotechnology can revolutionize environmental and food security?
This Startup Makes A Vaccine For Honeybees. Shrimp Are Next.
social-www.forbes.com
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The Rotating Detonation Rocket Engine being developed by portfolio company Venus Aerospace aims to harness the power of detonation shockwaves to usher in an era of hypersonic flight. See how it works below! #Hypersonic #BreakthroughScience #RDRE #DeepTech
A Dazzling New Detonation Engine Could Ignite Hypersonic Travel
popularmechanics.com
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Auto OEMs like Stellantis are turning their attention to lithium-sulfur batteries from portfolio company Lyten for EVs. Lithium-sulfur batteries offer a cheaper, more energy-dense alternative that could open the EV market. Read more in CleanTechnica: https://bit.ly/41kxD61 #EV #battery #electricvehicle
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People and robots will work side by side for the foreseeable future, so ensuring they can safely interact is important. See how Robust.AI's Carter Pro robot works with humans to make them more productive. #robotics #AI #artificialintelligence #deeptech #breakthroughscience
Robust AI’s Carter Pro robot is designed to work with, and be moved by, humans | TechCrunch
https://techcrunch.com
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Just two months after Microsoft and portfolio company Atom Computing announced that they would build the world’s most powerful quantum computer, the two companies announced that they have entangled the highest number of logical qubits on record and will deliver quantum computers to commercial customers next year. Quantum computing is finally becoming a reality! #quantumcomputer #computerscience #breakthroughscience #quantum
Microsoft and Atom Computing will launch a commercial quantum computer in 2025 | TechCrunch
https://techcrunch.com
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Prime Movers Lab reposted this
PRESS RELEASE: Lyten Acquires Battery Manufacturing Assets from Cuberg to Accelerate US Production of Lithium-Sulfur Batteries. “The acquisition of additional manufacturing capacity for Lithium-Sulfur is in direct response to fulfilling customer demand more quickly,” said Dan Cook, Lyten’s CEO and co-founder. “Our customer pipeline has grown nine-fold since the start of 2024…” Read full release here: https://lnkd.in/gSxtANf9 #Lyten #LithiumSulfur #EVBatteries #BatteryTechnology #SustainableEnergy #ElectricVehicles #BatteryManufacturing #CleanEnergy #USManufacturing #SustainableMobility #EnergyStorage #SupplyChainResilience #GreenTech #EnergyTransition
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Prime Movers Lab reposted this
#EnergyVault is proud to announce FID Approval for 57 MW Cross Trails Battery Energy Storage System in Texas and 10-Year Offtake Agreement with Gridmatic: The Cross Trails #BESS will provide energy and ancillary services to support renewable energy production and improve grid resiliency in the Electric Reliability Council of Texas (#ERCOT) region. The upcoming deployment demonstrates Energy Vault’s execution on its growth strategy to maximize capital efficiency and profitability in building, owning and operating #EnergyStorage infrastructure. Read more: https://hubs.la/Q02Xw4WS0 #NRGV #RenewableEnergy #BatteryStorage #Resiliency
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Prime Movers Lab reposted this
We’re thrilled to announce that Energy Vault’s EVx™ Gravity Energy Storage System has been named one of TIME’s Best Inventions of 2024 in the “Green Energy” category! This recognition highlights the EVx™ platform’s essential role in advancing sustainable, long-duration energy storage to support the global renewable transition. Using gravity-based principles, EVx™ provides large-scale storage using composite blocks—made from local materials and recycled waste such as mine tailings and coal ash—create a circular, eco-friendly, and cost-effective energy solution. Currently being commissioned in Rudong, China, EVx™ is set to become the first operational, grid-scale gravity energy storage system, with nine projects totaling over 3.7 GWh underway globally. This honor reaffirms the impact of EVx™ and the G-VAULT™ suite of storage solutions. Thank you for your support as we work toward a resilient, sustainable energy future. View Using the Power of Gravity: The 200 Best Inventions of 2024 | TIME: https://hubs.la/Q02WhF9b0 The full list: https://hubs.la/Q02WhHFT0 The official Press Release: https://lnkd.in/gcHTTET2 #RenewableEnergy #EnergyStorage #NRGV #Sustainability #Renewables #GravityPower #TIMEBestInventions