SaltX Technology
Developed a worldwide patented ground-breaking nanotechnology that enables storing energy in salt and delivering high quality steam.
- dt and ls
- sustainable development goals
- climate tech
- industrial technology
- nif defense security and resilience
- eit kic partners
- stationary energy storage
- nif energy security and climate change
- novel energy
- industrial electrification
- nif energy
- thermal energy storage
- grid energy storage
- long duration energy storage
- industrial heat
| Date | Investors | Amount | Round |
|---|---|---|---|
| N/A | €0.0 | round | |
| N/A | €0.0 | round | |
| investor | €0.0 | round | |
| N/A | €0.0 | round | |
| N/A | €0.0 | round | |
| investor investor investor | €0.0 | round | |
| investor investor | €0.0 | round | |
* | SEK12.5m | Grant | |
| Total Funding | 000k | ||
| EUR | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 |
|---|---|---|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % growth | - | (97 %) | 253 % | 17 % | (97 %) | (49 %) |
| EBITDA | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % EBITDA margin | 53 % | (1323 %) | (521 %) | (830 %) | (23934 %) | (28765 %) |
| Profit | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % profit margin | 51 % | (1314 %) | (506 %) | (1858 %) | (45440 %) | (38484 %) |
| EV | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
Source: Company filings or news article
Related Content
SaltX Technology specializes in sustainable energy storage solutions using nano-coated salt. The company focuses on addressing the volatility of renewable energy production by providing a robust, economical, and safe thermo-chemical storage system. SaltX operates in the renewable energy market, serving cities and industries transitioning to fossil-free energy systems. The business model revolves around collaborating with partners to build pilot plants and optimize their energy storage technology. Revenue is generated through the deployment and commercialization of their storage solutions. SaltX's first large-scale pilot plant, built in 2019 in Berlin, stores excess power and discharges energy directly into the district heating network. The company is currently developing another reactor pilot outside of Stockholm. By streamlining capacity needs and maximizing the use of renewable resources, SaltX aims to play a significant role in the new decarbonized economy.
Keywords: thermo-chemical storage, nano-coated salt, renewable energy, fossil-free, pilot plants, energy infrastructure, decarbonized economy, district heating, sustainable, energy transition.