Energy Vault (NYSE: NRGV) is a pure-play energy storage technology company that provides flexible, reliable and economical grid-scale solutions for its global customers. The company addresses both short and long duration energy storage needs through a portfolio of market-ready turnkey solutions, which currently include the EVx Gravity Energy Storage Systems, Battery Energy Storage Systems and Energy Management Software. The company’s proprietary gravity-based energy storage systems apply conventional physics fundamentals of gravity and potential energy. The system combines advanced material science and proprietary, machine-vision AI software that autonomously orchestrates the charging and discharging of electricity using ultra low-cost composite bricks and innovative mechanical systems. Utilizing 100% eco-friendly materials with the ability to integrate waste materials for beneficial re-use at unprecedented economics, Energy Vault is accelerating the shift to a circular economy and a fully renewable world. For more information, visit the company’s website at www.EnergyVault.com.
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