LightSail Energy

Location:

914 Heinz AvenueBerkeleyCalifornia94710United States View Map

Revenue:

$35 Million

Employees:

175

SIC Codes:

3572

NAICS Codes:

334112

Phone:

(510) 981-8088

Fax:

(510) 981-8286
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Description:

LightSail Energy is developing breakthrough grid-scale energy storage technology that uses compressed air as the storage medium. Based in Berkeley, California, with funding from Khosla Ventures, Peter Thiel, Bill Gates, and Total Energy Ventures, LightSail's technology is able to convert electrical energy to compressed air, and then reverse the process to deliver electrical energy again when it's needed, all the while keeping losses to a minimum. LightSail's co-founder and chief scientist, Danielle Fong, has been one of Forbes Magazine's 30 Under 30 energy innovators for three years running and was the youngest of last year's MIT Technology Review 35. As a graduate student at Princeton University, she discovered that it is possible to solve the cost and efficiency problems that have prevented widespread adoption of energy storage with the most readily available and lowest-cost of materials - air.

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