Malta
Electricity, Oil & Gas · Massachusetts, United States · 11-50 Employees
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Overview
Headquarters
1 Broadway Cambridge Massachusetts Ste 1...Phone Number
(617) 586-2786Website
www.maltainc.comRevenue
$6 MillionIndustry
About Malta
Malta Org Chart
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Malta is experiencing very low activity levels compared to other companies in the Energy, Utilities & Waste sector.
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Malta financials insights
Gather financial insights about Malta, including details on funding rounds, investors, total funding, and acquisitions, to gain a comprehensive understanding of their financial strategy.
Series A
$26M
Series B
$50M
Malta Tech Stack
A closer look at the technologies used by Malta
Most Recent Scoops
Malta News & Media
Malta Inc. and BBVA Sign Agreement to Advance Collaboration on Energy Storage Project in Iberia
CAMBRIDGE, Mass.--(BUSINESS WIRE)--Malta Inc. (“Malta”), a pioneering company in electro-thermal long-duration energy storage solutions, and BBVA, a leading global financial institution, whose corporate goals align with the advancement of decarbonization using innovative cleantech, have signed a Memorandum of Understanding (MOU). This agreement lays the groundwork for a strategic partnership aimed at developing innovative financial solutions to support the deployment in the Iberian Peninsula ofMalta Closes Funding to Deploy Its Long-Duration Energy Storage System
CAMBRIDGE, Mass.--(BUSINESS WIRE)--Malta Inc., a leader in long-duration energy storage, today announced that it has closed on a round of financing provided by a group of investors including Siemens Energy Ventures and Alfa Laval as well as existing shareholders Breakthrough Energy Ventures, Proman, Chevron Technology Ventures, and Piva Capital. The new capital will be used to accelerate deployment of Malta’s storage systems globally. Malta’s grid-scale, long-duration energy storage system helpMalta Inc. and Partners Win Grant From German Government
CAMBRIDGE, Mass.--(BUSINESS WIRE)--Malta Inc., a world leader in long-duration energy storage (LDES), announced that its German subsidiary was awarded a grant to support a €9-million effort to accelerate the German energy transition. Malta Hochtemperatur Wärmepumpen Stromspeicher GmbH, German Aerospace Center (DLR), Alfa Laval, and Siemens Energy were awarded funding by the German Federal Ministry for Economic Affairs and Climate Protection (BMWK) to support Germany’s efforts to achieve Paris AMalta Announces Addition of Storage Industry Veteran Jin Noh to Direct Business Development & Policy
CAMBRIDGE, Mass.--(BUSINESS WIRE)--Malta Inc., pioneer in long-duration energy storage, announces hiring of storage industry veteran Jin Noh as Director, Business Development & Policy.
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Frequently Asked Questions Regarding Malta
Malta has developed a like-for-like replacement for todays fossil fuel-fired plants that delivers on-demand clean energy. Its long-duration energy storage technology stores electricity as thermal energy from eight hours to eight days or longer, later returning it to the grid to meet hourly, daily, and weekly needs. The Malta system also provides cl... Read More