{"data":{"type":"company_profile","id":72352,"entity_id":"wefunder:company:72352","attributes":{"canonical_url":"https://wefunder.com/nextbolt","generated_at":"2026-06-07T18:59:20Z","updated_at":"2026-06-07T05:02:16Z","entity_ids":{"company":"wefunder:company:72352","slug":"wefunder:company_slug:nextbolt"},"profile_visibility":{"owner_published":true,"public_search_results":true,"site_search_listed":false,"privacy_mode":"unlisted","invite_only":false},"provenance":{"source":"wefunder_public_company_profile","as_of":"2026-06-07T18:59:20Z","claims":{"total_amount_raised":{"source":"FrontCompanySummary#amount_raised","last_verified_at":"2026-06-07T05:02:16Z","as_of":"2026-06-07T18:59:20Z","confidence":"high"},"total_investors":{"source":"FrontCompanySummary#number_of_investors","last_verified_at":"2026-06-07T05:02:16Z","as_of":"2026-06-07T18:59:20Z","confidence":"high"},"active_raise_states":{"source":"Fundraise.visible(nil, nil)","last_verified_at":"2025-06-09T00:52:43Z","as_of":"2026-06-07T18:59:20Z","confidence":"high"},"latest_fundraise_state":{"source":"Fundraise.visible(nil, nil).order(funding_started_at)","last_verified_at":"2025-06-09T00:52:43Z","as_of":"2026-06-07T18:59:20Z","confidence":"medium"}}},"company":{"id":72352,"entity_id":"wefunder:company:72352","slug":"nextbolt","name":"Next Bolt","tagline":"Safer and More Affordable Home Battery To Disrupt the Energy Industry","elevator_pitch":"Next Bolt is focused on updating energy for the 21st century. We are creating modular, affordable batteries for your home that can scale with your budget and power needs.","story":"NextBolt, the latest and most important project from Next Thing Technologies to date, is a battery unlike any other.Safe for smart usage inside the home, compatible with any energy source, and tailored to fit any family’s needs, the Bolt Battery is unique in the energy sector.What you’re looking at right now is called the Next Bolt. This is the first affordable home energy storage battery. It will be sold for as low as $100 a month - less than what the average US household pays for electricity.Remember, today only 1% of American families, which account for about 1.28 million homes, can afford to be energy independent. However, with the Next Bolt’s low price, we hope to open up the market to the other 99% of American households.\u0026nbsp;Another big reason why this market is so hot right now is it’s backed by the US government. As you may know, the US Senate recently approved a $1.2 Trillion infrastructure bill. And a huge chunk of that money is going to be pumped right into the clean energy market, which batteries are a crucial part of.Our battery is different.Instead of flammable, unreliable, and dangerous lithium-ion (which is coming under ever-increasing scrutiny for the dangerous fires it has been starting around the world), we are building a stable and safe version.That’s because we are using a technology that will change the energy industry.Bolt is the safe smart battery that families can depend on for years to come. Our modular design means you will be able to easily set up as many (or as few) Bolt batteries as you need.No wait time or installation anxieties-- the Bolt will be easy to install, getting you started quickly.We are doing something no one else is doing…Here’s a picture of a\u0026nbsp;battery cell\u0026nbsp;powering a LED while being heated up to 200 degrees Celsius.It’s being heated up to show it can’t catch fire and blow up like regular Lithium batteries.You see, regular Lithium batteries, like those used in a Tesla Powerwall or Megapack, can catch fire and blow up due to common accidents like over-charging, short-circuit, or mechanical damage like piercing.However, the Next Bolt plans to use alternative chemistry battery technology, so it’ll be safe to install and use inside your home. You never have to worry about it heating up and catching fire.\u0026nbsp;Not only are we developing the safest and easiest home battery right now, we are developing technology which will shake the foundation of the energy industry.Our batteries plan to run on a resource that is cheaper, more sustainable and more available to America than Lithium.We aren’t exaggerating when we say that alternative chemistry\u0026nbsp;batteries will shake the foundations of the energy sector.Imagine batteries manufactured with something as safe and abundant as salt for example. That’s what one of the science teams building cells did, and now they are finding ways to make these astounding batteries a scalable reality.We’ve already validated the technology, and the next step is to build bigger batteries, for scalable solutions.Most homes\u0026nbsp;in America have a refrigerator and you don't think anything of it. In the future we believe that just like the refrigerator, every home will have a battery.\u0026nbsp;Next Bolt is designed from the ground up to be that battery and be the leader in bringing that vision to life.This is a HUGE market, and we’re already ahead of the game.Joe Biden just signed a $1.2. trillion dollar\u0026nbsp;infrastructure plan, of which energy will be a big part. \u0026nbsp;Biden also recently invoked the defense production act to stimulate renewables alongside the National Renewable Energy Lab. Next Bolt just so happens to have the Chief Energy Storage Engineer at NREL on our team. The point is that a huge wave is coming and Next Bolt is ready to ride it.Our aim is to take power out of the hands of the giant corporations who have been over-charging, under-serving, and putting us at risk for years.No more reliance on outdated energy grids that have historically let us down in times of crisis. (Just ask Texans about what they went through in February 2021.)The NextBolt mission is to make home energy affordable, accessible, and under your control. Sustainable energy for our physical and financial futures.The uptick in climate-related disasters is increasing in pace and severity, showing us that it’s never been more important to find real, sustainable energy solutions.Fossil fuels are quickly running out, and even lithium has been projected to run out by 2027.Next Bolt batteries are an investment in our planet’s future, and a bet against unsustainable infrastructure and practices that have set us on a path to disaster.We’re putting power back into your hands-- literally.It is a part of our founding mission to make our technology accessible to the everyday person, which is why we’re courting retail investors, instead of venture capitalists. The whole point of NextBolt is to put power back into the hands of the people, instead of the corporations who all too often succumb to the siren song of greed, deaf to the cries for help coming from the average person.That’s why not only are we designing our batteries to be easy for any person to use, we are designing our business so that any person can be a part of it. Big or small, any amount invested in NextBolt is an investment in our future, and a bet on the importance of unique energy solutions, like the ones we already have in development.Get in early on Next Bolt, and help us shape our future of independence from shoddy, old energy solutions. Move toward financial freedom while bringing power back into your hands.So here’s what you need to know to invest today:Next Thing Tech’s share price for this funding round is $1.94 per share.As mentioned, the company valuation is only $40 million today.Next Thing Tech has massive growth potential and is 100% focused on producing and aggressively marketing the Next Bolt to every home in America. But what’s important to understand here is the market potential doesn’t stop with US home energy storage.\u0026nbsp; Far from it.You see, this battery can also be sold to every American business, green energy micro-grids, EV charging stations and much more.Plus, since alternative batteries can be 4 times cheaper to produce than Lithium batteries, this battery can be cheap enough to sell to practically every household and business in the world!Next Thing Tech is looking to raise at least $3M right now to market and produce\u0026nbsp;Next Bolt.Plus, another $2M to invest in battery full-scale manufacturing. If you are interested in being apart of the future of energy, then go now and\u0026nbsp;click the red button on this page to invest.Once you click the red button on this page, you’ll be taken to a secure online form to complete your information and investment transaction.Legal DisclaimerThe offering materials may contain forward-looking statements and information relating to, among other things, Next Thing\u0026nbsp;Technologies Inc (hereby referred to as NTT), its business plan and strategy, and its industry. These forward-looking statements are based on the beliefs of, assumptions made by, and information currently available to NTT management. when used in the offering materials, the words “estimate,” “project,” “believe,” “anticipate,” “intend,” “expect” , \"could\", \"might\", \"will\"\u0026nbsp;and similar expressions are intended to identify forward-looking statements. These statements reflect management’s current views with respect to future events and are subject to risks and uncertainties that could cause NTT actual results to differ materially from those contained in the forward-looking statements. Investors are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date on which they are made. NTT does not undertake any obligation to revise or update these forward-looking statements to reflect events or circumstances after such date or to reflect the occurrence of unanticipated events.","location":"San Francisco, CA","website":"https://nextthing.tech/","total_amount_raised":4997499,"total_investors":5713,"is_funded":true,"is_active":true,"quality_score":5,"related_urls":["https://wefunder.com/nextbolt","https://nextthing.tech/"]},"media":{"share_image_url":"https://uploads.wefunder.com/uploads/company/header_media_photo/72352/xxl_cropped_House_2_Render_Version_4__1_.jpg","logo_url":"https://uploads.wefunder.com/uploads/company/logo/72352/large_blob","header_media_url":"https://uploads.wefunder.com/uploads/company/header_media_photo/72352/standard_cropped_House_2_Render_Version_4__1_.jpg","cover_photo_url":"https://uploads.wefunder.com/uploads/company/header_media_photo/72352/standard_cropped_House_2_Render_Version_4__1_.jpg"},"links":{"company_url":"https://nextthing.tech/","twitter_url":"https://twitter.com/nextthingtech","facebook_url":"facebook.com/nextthingtech.official","instagram_url":"https://instagram.com/nextthingtechnologies/"},"highlights":[],"quick_facts":[{"index":1,"claim_id":"claim-fact-1","value":"Recent US Infrastructure Bill and government investment are speeding up the market for this tech"},{"index":2,"claim_id":"claim-fact-2","value":"A focus on clean, sustainable, reliable materials"},{"index":3,"claim_id":"claim-fact-3","value":"A team of innovators with a solid plan"},{"index":4,"claim_id":"claim-fact-4","value":"Hope to address massive problem in energy demand"},{"index":5,"claim_id":"claim-fact-5","value":"At a price point that can create disruptive adoption massively undercutting all competitors."}],"team":[{"id":1229957,"entity_id":"wefunder:company_role:1229957","user_entity_id":"wefunder:user:1189875","role":"founder","name":"Jason Adams","title":"CEO \u0026 President","bio":"Jason Adams is an energy investor, dealmaker, leader, and growth expert. His crossover experience in managing technology, software, and subscription make him particularly capable to produce results in consumer-facing technology sectors.","avatar_url":"https://uploads.wefunder.com/uploads/company_role/custom_photo/1229957/square_cropped_Jason-My-Headshot-Me.jpg?1693526179","profile_url":"https://wefunder.com/jasonadams4","linkedin_url":"https://www.linkedin.com/in/jasonadams/","related_urls":["https://wefunder.com/jasonadams4"]},{"id":1436329,"entity_id":"wefunder:company_role:1436329","role":"employee","name":"Ahmad Pesaran","title":"Energy Storage Engineer Advisor","bio":"After receiving his Ph.D. in mechanical engineering from UCLA in 1983 Ahmad joined the National Renewable Energy Laboratory. Since 1995, he has been working on electric drive vehicles and their various energy storage technologies.","avatar_url":"https://uploads.wefunder.com/uploads/company_role/custom_photo/1436329/square_cropped_ahmad-p.jpg?1693526179","linkedin_url":"https://www.linkedin.com/in/ahmadpesaran/","related_urls":[]},{"id":6514229,"entity_id":"wefunder:company_role:6514229","user_entity_id":"wefunder:user:4218545","role":"employee","name":"Next Thing Tech","title":"Next Thing Technologies Costumer Support","avatar_url":"https://uploads.wefunder.com/uploads/company_role/custom_photo/6514229/square_blob.jpg?1762826985","profile_url":"https://wefunder.com/next.thing.tech","related_urls":["https://wefunder.com/next.thing.tech"]}],"featured_investors":[{"id":4536,"entity_id":"wefunder:company_investor_profile:4536","investor_profile_id":1934106,"investor_profile_entity_id":"wefunder:investor_profile:1934106","subject_entity_id":"wefunder:user:2452979","name":"Nicholas Urbani","bio":"I've spent the last 15 years successfully advising and growing start-ups and emerging growth companies.","avatar_url":"http://uploads.wefunder.com/uploads/user/avatar/2452979/medium_cropped_bio_pic.jpg","profile_url":"https://wefunder.com/nicholasurbani","investment_total":250000,"investment_info":"Invested $250,000 this round","is_lead_investor":true,"related_urls":["https://wefunder.com/nicholasurbani"]}],"investor_memos":[],"tab_counts":{"posts":2,"ask_questions":341,"featured_investors":1,"faq_entries":5},"active_fundraises":[{"id":44710,"entity_id":"wefunder:fundraise:44710","state":"successful","offering_type":"4(a)(6)","funding_type":"note","structure":"equity","security_type":"equity","currency":"USD","testing_the_waters":false,"min_purchase":250,"max_purchase":9,"funding_target":4999999.85,"minimum_target":"250000.3","maximum_target":"4999999.85","funding_started_at":"2021-12-22T23:20:22Z","funding_closed_at":"2022-10-01T05:03:50Z","auto_close_at":"2022-10-01T03:59:59Z"},{"id":44711,"entity_id":"wefunder:fundraise:44711","state":"successful","offering_type":"4(a)(6)","funding_type":"note","structure":"ttw","security_type":"equity","currency":"USD","testing_the_waters":true,"min_purchase":250,"max_purchase":9,"funding_target":4999999.85,"minimum_target":"250000.3","maximum_target":"4999999.85","funding_started_at":"2021-12-17T01:48:21Z"}],"latest_fundraise":{"id":44710,"entity_id":"wefunder:fundraise:44710","state":"successful","offering_type":"4(a)(6)","structure":"equity","testing_the_waters":false,"can_invest_now":false,"funding_started_at":"2021-12-22T23:20:22Z","funding_closed_at":"2022-10-01T05:03:50Z","terms":{"eb":null,"nb":"$35.1M","txt":"pre-money valuation"}},"recent_posts":[{"id":167160,"entity_id":"wefunder:feed_item:167160","type":"FeedItem::Update","visibility":"public","title":"We Are Next Thing Technologies","preview":"Our CompanyWe understand that there has been some confusion regarding our recent communications. To clarify:Company Name: Next Thing TechnologiesOfficial Website: https://nextthing.tech/Official Email: info@nextthing.techNote: Our email is NOT info@nextbolt.co, which we initially used as our product email, but Next Bolt is the name of our anticipated product line.If you have been overlooking our emails thinking they were not from us, we apologize for the oversight and any confusion it may hav...","published_at":"2023-09-15T16:51:22Z","author_name":"Christian Shelton","url":"/feed/167160","canonical_url":"https://wefunder.com/feed/167160"},{"id":167132,"entity_id":"wefunder:feed_item:167132","type":"FeedItem::Update","visibility":"public","title":"🌟 Investor Shout Out! 🌟","preview":"A heartfelt THANK YOU to those of you joining us once again in our\u0026nbsp;new investment round. Your continued belief in our mission has powered us forward, and we're eternally grateful!We're curious: Why did you decide to invest in us again? We'd genuinely love to hear your thoughts and experiences—your feedback inspires us.Drop your thoughts below. Can't wait to read them!","published_at":"2023-09-14T21:06:24Z","author_name":"Christian Shelton","url":"/feed/167132","canonical_url":"https://wefunder.com/feed/167132"}],"q_and_a":[{"id":188390,"entity_id":"wefunder:comment:188390","question":"I am very excited to see a potential better battery tech design! I very much hope you succeed Next Bolt! I have a few questions on the approach and tech. 1) There are so many uses for better batteries in the world today, why would Next Bolt focus on trying to build a fairly complex niche product with this new battery tech vs. simply capitalizing on licensing the battery tech to a much much much larger market? 2) Does the battery have some draw backs that make it not as suitable in various use cases as the currently dominant Lithium Ion battery tech? 3) In the 2020 \"Sodium-Ion Batteries Paving the Way for Grid Energy Storage\" article by Y. Shirley Meng et. al. it is noted that \"five root challenges\" remained for commercializing Sodium Ion batteries: \"electrolyte robustness, anode material selection, interfacial stability (between electrodes and electrolytes), safety concerns, and battery recyclability at its end of life\". Have each of these been solved in the last year?","author_name":"William Stubbs","votes":39,"created_at":"2022-01-14T17:22:59Z","canonical_url":"https://wefunder.com/nextbolt#question-188390","answers":[{"id":191485,"entity_id":"wefunder:comment:191485","answer":"Thank you for the excitement William. 1) We believe that there is a much larger opportunity for our shareholders being fully committed to the market vs licensing technology. I don't think the product is niche, we are developing solutions for every household. 2) Yes there are tradeoffs with every cell choice. These cells are new technology, harder to manufacture, potentially heavier. Heavier doesnt really matter for energy storage, this means for now, lithium is better for Electric Vehicles. 3) We have been told by one of our science partners have many of these solved and are on a confident path towards completely solving the final parts. There is no guarantee, material science and cell development are not like building a desk from ikea, there is variance.","author_name":"Jason Adams","votes":10,"created_at":"2022-02-08T01:50:08Z"}]},{"id":186167,"entity_id":"wefunder:comment:186167","question":"Two questions… first question is what are the battery specs (kWh, cycles, year life, load % after 10+ years, etc…). Second question is how safe can this be? We have always been taught especially in chem classes that sodium is a very Volatile metal even more so than lithium. Just a gram of sodium metal can cause a somewhat large explosion. How are you mitigating this and making it safer than lithium polymer?","author_name":"Roy Milano","votes":34,"created_at":"2022-01-05T07:44:21Z","canonical_url":"https://wefunder.com/nextbolt#question-186167","answers":[{"id":190931,"entity_id":"wefunder:comment:190931","answer":"One of our cell science partners envision cell level: \u0026gt; 550 Wh/L, \u0026gt;5000 cycles with a 80% capacity retained (\u0026gt;1 cycle / day over \u0026gt;10 years), up to 20 years of calendar life, keeping in mind that for stationary storage up to 60% capacity retained is the typical standard. We have not yet achieved these metrics but believe that is because we have not yet reached sufficient resources and scale. Safety is significantly improved. There is no flammable liquid electrolyte typically used in lithium polymer cells. The entire battery uses non flammable ceramic / glass. This technology exhibits the competitive advantage for stationary storage (costs, safety, volumetric energy and durability). It has demonstrated up to 98% 1st cycle efficiency and \u0026gt;99.98% over 1000 cycles at the laboratory scale, which exceeds known competitive chemistries to date.","author_name":"Jason Adams","votes":9,"created_at":"2022-02-03T07:36:20Z"}]},{"id":188461,"entity_id":"wefunder:comment:188461","question":"Hi Jason, I don't see any mention of patents... Do you have any patents granted, or pending. And if so, who are they assigned to? What is protecting your product? Also you have a half a dozen unanswered questions that need you r attention. Thanks so much for clarifying these issues. Blessings","author_name":"W Kim Colich","votes":31,"created_at":"2022-01-15T18:51:20Z","canonical_url":"https://wefunder.com/nextbolt#question-188461","answers":[{"id":191028,"entity_id":"wefunder:comment:191028","answer":"Hi Kim, Thanks for your question. One of the battery cells we have plans to use is patented by the multiple entities involved and another patent is expected to file soon. It's also important to know that there is significant barrier to entry even with knowledge of how the cell or unit works. Just because you know the ingredients of your moms famous soup doesn't mean it will taste like how your mom made it.","author_name":"Jason Adams","votes":12,"created_at":"2022-02-03T21:07:42Z"}]},{"id":195652,"entity_id":"wefunder:comment:195652","question":"The price for one battery is 100 a month subscription. If you need 3 or 4 batteries, is that going to cost 300 or 400 dollars for the subscription?","author_name":"Ramon Cecena","votes":30,"created_at":"2022-03-09T15:36:52Z","canonical_url":"https://wefunder.com/nextbolt#question-195652","answers":[{"id":196313,"entity_id":"wefunder:comment:196313","answer":"Price will depend on size of unit. Right now a user will not need more than 2 units to power a home, with smaller units obviously those economics could change. In general our goal is for our price point to be disruptive in nature, meaning compared to the 21k for tesla powerwall, it will be a no brainer decision on pricing. You have to keep in mind the savings for electricity bills. Getting just one unit at 100/mo and using it to store power from your grid at non peak hours can dramatically save on your electricity bill. This effectively makes the true cost even lower. As an example, peak energy costs in San Diego are 6x more than non-peak. That means using only non peak electricity could be a 6x savings on an energy bill in San Diego.","author_name":"Jason Adams","votes":6,"created_at":"2022-03-14T21:20:56Z"}]},{"id":185172,"entity_id":"wefunder:comment:185172","question":"Why is your video so long and talks very little about the actual technology and benefits versus hype and political propaganda? I am interested but have a hard time understanding the value of the length and BS.","author_name":"Ronny Brown","votes":30,"created_at":"2021-12-26T01:11:52Z","canonical_url":"https://wefunder.com/nextbolt#question-185172","answers":[{"id":185978,"entity_id":"wefunder:comment:185978","answer":"Hi Ronny, through consultant marketing firms they decided it was best to educate on international, political, or energy related dynamics that make our battery such an obvious future solution. We decided to try to inform people of the nature of those first and foremost because they lead to what we see as a giant wave we believe we are standing at the front of. I have taken your feedback however and we are making a revised page that makes it easier to get the clean facts about the technology and benefits of it. We will be adding it to our page soon and appreciate your honest feedback.","author_name":"Jason Adams","votes":11,"created_at":"2022-01-03T19:18:15Z"}]},{"id":191070,"entity_id":"wefunder:comment:191070","question":"How does this battery compare ( cost, number of cylces or the number of years the battery would last)vandium flow batteries?","author_name":"Girish K Patel","votes":27,"created_at":"2022-02-04T03:05:14Z","canonical_url":"https://wefunder.com/nextbolt#question-191070","answers":[{"id":196595,"entity_id":"wefunder:comment:196595","answer":"Vanadium flow batteries are often the size of containers and used before the meter. Before the meter technology takes a lot longer because of the red tape associated with working with big utlitity infrastructure. We are talking about a battery that helps the end consumer, can be as small as is needed and used after the meter, making it significantly faster to market. We also believe the future is basically forcing a move towards technology like this for many reasons the least of which being China's control over Lithium and Lithium demand for EVs not being able to be met by the Lithium supply chain on its own.","author_name":"Jason Adams","votes":1,"created_at":"2022-03-16T01:50:11Z"}]},{"id":195666,"entity_id":"wefunder:comment:195666","question":"Can you provide me with the list of patents, along with their actual legal status (granted or not...)? Can you provide me with more technical data, such as report (internal and/or in third party laboratories)?","author_name":"Volpatti Giovanni","votes":26,"created_at":"2022-03-09T17:44:19Z","canonical_url":"https://wefunder.com/nextbolt#question-195666","answers":[{"id":196608,"entity_id":"wefunder:comment:196608","answer":"The technology is patented and the scientists we are working with are expected to file another patent soon. I will work to see if I can get some lab reports for all investors.","author_name":"Jason Adams","votes":2,"created_at":"2022-03-16T01:58:06Z"}]},{"id":191649,"entity_id":"wefunder:comment:191649","question":"Shocked WeFunder allowed you on this platform with all the BS. Focus on pitching your own product, not pitching how \"if you missed Tesla, this will be your next 385x opportunity\". You're a $35M company, save it. 🤮","author_name":"Nicholas Marino","votes":15,"created_at":"2022-02-09T16:52:30Z","canonical_url":"https://wefunder.com/nextbolt#question-191649","answers":[{"id":192205,"entity_id":"wefunder:comment:192205","answer":"Hi Nicholas, It's clear that the video didn't resonate with you but I appreciate the feedback. We strove to be factual for the entire video. The nature of crowdfunding is less sophisticated and non accredited investors. The growth potential of early stage investment isn't necessarily obvious to all people.","author_name":"Jason Adams","votes":8,"created_at":"2022-02-14T00:47:50Z"}]},{"id":190982,"entity_id":"wefunder:comment:190982","question":"I just found this page and still know nothing about your product/company, but the first two minutes of your lead video at the top of the page sounds right out of right wing conspiracy theories. I couldn't watch any further. After typing this, I scrolled down and found Ronny Brown's post from Dec 26, 2021 making the same point in different words. As for me, I find this so off-putting that I will not even consider investing in your company unless and until you take down this video, your consultant marketing firms' opinion notwithstanding. \"Informing people of related international, political, or energy dynamics\" does not require promoting conspiracy theories and underhanded and irrelevant political messages. Oil pipes and water purification tanks were hacked last year, and it is well-known how vulnerable the electric grid is. It does not need to be sugar-coated with conspiracy theories for addicts to a certain political bias. I want nothing to do with your company if you find nothing wrong and offensive with this video, which I am judging by its first two minutes. If you cannot be trusted to create an agenda-free presentation, I cannot trust you with my money.","author_name":"Josh S.","votes":14,"created_at":"2022-02-03T17:21:31Z","canonical_url":"https://wefunder.com/nextbolt#question-190982","answers":[{"id":191012,"entity_id":"wefunder:comment:191012","answer":"Hi Josh, I'm sorry that the first two minutes were off putting for you, I wish that you could have seen some of the other elements of the video. The infrastructure bill released by the US Government outlines a need for American energy independence and being a company with potential to benefit from a 1.2 trillion dollar infrastructure bill is part of why we believe we are at a good time focusing on this technology. Regarding politics, the political atmosphere is a very real influence to energy demands and I think very important to the investor no matter your party. As an example, there is talk by our Government about Russia invading Ukraine. This is a geopolitical issue with very REAL effects on energy. Russia supplies approximately 35% of the EU's natural gas. When this issue came to light investors realized that Russia could cut supply and thus gas futures spiked. So this political potential had a very real effect on investors. Similarly China does control a very large percentage of the lithium battery supply chain. This represents a risk to the US and many other countries, which is part of the reason why our Democratic president introduced a huge bill to help mitigate this risk.","author_name":"Jason Adams","votes":7,"created_at":"2022-02-03T19:58:53Z"}]},{"id":192280,"entity_id":"wefunder:comment:192280","question":"I am trying to look into this stock, however, your page is too cluttered with random information about china, tesla, lithium, market size, I could not gather what you are exactly selling, what is the product, how does it work, how much will it cost, how much does it save me. Trying to narrow it down.","author_name":"Adam Sampson","votes":13,"created_at":"2022-02-15T02:13:51Z","canonical_url":"https://wefunder.com/nextbolt#question-192280","answers":[{"id":192551,"entity_id":"wefunder:comment:192551","answer":"Hi Adam, I understand completely. We have another version of our marketing materials being prepared to attempt to remedy this, however at the same time I am torn because we are receiving lots of both positive and negative feedback. To your point, we are making a solution that allows MOST homeowners to store their own energy versus just the 1% or less that can do it now. This involves basically having a modular, more flexible, safer, reliably sourced and more affordable battery. On top of that we aim to use a creative financing model to ensure EVEN further that the batteries get in the hands of everyone. To make ALL of this a reality we hope to ditch lithium as a battery material. By sourcing an abundant material we can hope to take advantage of the wave happening from our infrastructure bill and our governments desire to produce battery cells in the USA. Feel free to ask more questions if you'd like me to elaborate further.","author_name":"Jason Adams","votes":4,"created_at":"2022-02-16T01:30:34Z"}]},{"id":191113,"entity_id":"wefunder:comment:191113","question":"Hello Jason, I see you have answered most questions quite brilliantly. However I would love to discuss further, first having a more detailed look at your financials including projections especially for the industry you're in and also about alternative funding opportunities available at our company if we are satisfied. You can drop me an email at richard@700capital.com, then we can start looking at financing your whole target. Thanks.","author_name":"Richard Marrone","votes":9,"created_at":"2022-02-04T15:51:07Z","canonical_url":"https://wefunder.com/nextbolt#question-191113","answers":[{"id":192550,"entity_id":"wefunder:comment:192550","answer":"Hi Richard, thanks for your interest in financing our whole target. One of the reasons we are deciding to crowdfund is for the potential in having an invested community working together to make the future of energy a reality. I also believe we have a duty to make sure any information shared is through this portal and with all investors. We are flattered that you'd be interested at this level, and though we do aim to raise entirely through crowdfunding at the moment, we will send you a message to see if that aligns with what you had in mind.","author_name":"Jason Adams","votes":4,"created_at":"2022-02-16T01:24:05Z"}]},{"id":190980,"entity_id":"wefunder:comment:190980","question":"\"Through an agreement for exclusive rights...\" Rights from whom??? Who owns the IP for this?","author_name":"G. K.","votes":8,"created_at":"2022-02-03T17:19:40Z","canonical_url":"https://wefunder.com/nextbolt#question-190980","answers":[{"id":191013,"entity_id":"wefunder:comment:191013","answer":"The IP is jointly owned by several entities but Next Thing Technologies currently has exclusive rights to use this technology. We have been told the technology is patented with another patent potentially being filed soon.","author_name":"Jason Adams","votes":2,"created_at":"2022-02-03T20:02:18Z"}]},{"id":197298,"entity_id":"wefunder:comment:197298","question":"I will add my vote to those who recommend ditching your current video. WSG investors looking for climate soliutions and social justice will, I believe find it offensive. I would like know how many KWH of storage capacity do you receive for $100/month. Also, Reliance technologies in India has just purchased sodium battery technology for $135M and CATL in china expects to have a sodium battery available for sale by 4th quarter of 2023. Beyond being US sourced what advantages does you technology have that will enable you to compete with these large international company's products?","author_name":"John Graff","votes":6,"created_at":"2022-03-21T15:39:58Z","canonical_url":"https://wefunder.com/nextbolt#question-197298","answers":[{"id":219290,"entity_id":"wefunder:comment:219290","answer":"Thank you for your question and interest in Next Bolt. We apologize for how long it's taken for a response, we never expected the magnitude of response that we got. We are a small team and became a bit overwhelmed with the interest, finance closing and number of questions across all channels. We intend to respond to every question so thanks for your patience. For more immediate assistance please address inquiries to our support at info@nextthing.tech. -Investor Relations","author_name":"Jason Adams","votes":0,"created_at":"2022-09-19T05:28:36Z"}]},{"id":194140,"entity_id":"wefunder:comment:194140","question":"Jason I have studied your company but i have found that your presentation seems bit misleading as your technology is just replacing the power storge difficulties of lithium ion batteries only, doesn't provide any solution in the power grid energy production. If the grid is not providing the power then your technology can just survive for maybe for hardly couple of days. It will seem like a sucked mango. The only take away is the sodium ion that you are using in your batteries, that any one in future can easily copy and make either the same or much better product than you. In that case how will you survive?? Will you just compete? And more over let me know how long your one unit battery system can stay active and provide the un-interrupted electricity to a normal midsized household along with its one unit purchsing and maitainance cost and more importantly why should i invest in your company instead of AMBRI battery system??","author_name":"Arghya Chatterjee","votes":6,"created_at":"2022-02-26T10:44:08Z","canonical_url":"https://wefunder.com/nextbolt#question-194140","answers":[{"id":196315,"entity_id":"wefunder:comment:196315","answer":"Hi Arghya, thanks for your comments. Personally i dont believe that you should eliminate the grid if its not necessary to your other goals, why not have a backup power source or a person to sell your excess energy too? Our concern is with being at the right place and time for the future of energy demand. There are before the meter(ex. utilities) and after the meter technologies (tesla powerwall), before the meter has considerably more red tape and extended timelines. In the interest of our shareholders we are focused on the shorter timeline of after the meter. Regarding protections the technology we are using is patented by the scientists we work with with another patent coming very soon. Even if it was not protected there is a significant barrier to entry. Just because you have the ingredients for a souffle does not mean you can make the same souffle as an expert chef.","author_name":"Jason Adams","votes":1,"created_at":"2022-03-14T21:30:41Z"}]},{"id":189016,"entity_id":"wefunder:comment:189016","question":"Hi Jason I’d need to see specs before investing such as whr/kg thanks","author_name":"Greg Angell","votes":6,"created_at":"2022-01-18T08:15:29Z","canonical_url":"https://wefunder.com/nextbolt#question-189016","answers":[{"id":190932,"entity_id":"wefunder:comment:190932","answer":"Hi Greg, thanks for your question. I have written some of the specs in another question here so I will repost that and the rest of the answer incase you'd like to read more. \"This technology exhibits the competitive advantage for stationary storage (costs, safety, volumetric energy and durability). It has demonstrated up to 98% 1st cycle efficiency and \u0026gt;99.98% over 1000 cycles at the laboratory scale, which exceeds known competitive chemistries to date.\"","author_name":"Jason Adams","votes":1,"created_at":"2022-02-03T07:49:31Z"}]},{"id":187420,"entity_id":"wefunder:comment:187420","question":"I don't understand at all how the purchase process works. Are the customers paying $100/month for the Next Bolt plus their usual electric bill or is it just a flat $100/month for both? I also saw that the price could scale with usage as well?","author_name":"Lucas Lee","votes":6,"created_at":"2022-01-09T15:58:18Z","canonical_url":"https://wefunder.com/nextbolt#question-187420","answers":[{"id":191024,"entity_id":"wefunder:comment:191024","answer":"The customer would pay 100 per month for the next bolt irrespective of their energy bill.","author_name":"Jason Adams","votes":2,"created_at":"2022-02-03T20:46:50Z"}]},{"id":294362,"entity_id":"wefunder:comment:294362","question":"Why are we not getting any financial info from the SPV that shares were purchased through in the initial funding? I have no clue, right now, as to what my SPV shares are worth, now what my directly owned shares are worth.","author_name":"Jim Morris","votes":5,"created_at":"2024-10-17T06:12:10Z","canonical_url":"https://wefunder.com/nextbolt#question-294362","answers":[{"id":299749,"entity_id":"wefunder:comment:299749","answer":"Hi Jim, we do audited financials twice a year. Please reach out to info@nextthing.tech with any questions about your investment, we'd be happy to help you.","author_name":"Jason Adams","votes":0,"created_at":"2025-01-09T01:19:57Z"}]},{"id":196507,"entity_id":"wefunder:comment:196507","question":"Wow. What a BS politically dividing infomercial of a video that was. How did Wefunder allow this to make it through? Don’t they screen?? Not only does your product NOT exist, it does absolutely nothing to cure the power grid faults you blatantly kept flashing on that infomercial. Also, charging $100 per unit every month to store energy the homeowner ALREADY paid for, (at best case scenario) non-peak times, means the homeowner pays for electricity from the grid AND to store it. At this rate, the product pays for itself after 5 years maybe? A decade? It’s true the CF crowd is a bit “less refined”, as you put it below, but that doesn’t mean you need to give Wefunder a bad reputation by taking these people’s money with such tactics. You know what you did here. I will end on a positive note, however. There is a shortage of precious metals world wide and they are controlled by 2 maybe 3 countries at most. An alternative to lithium will have to be found, no way around that. Sodium is an alternative, true, but it has it’s issues. Hopefully it gets refined as a competitive alternative.**Aug.15.2022 Seems the video in question when I wrote the question/comment has been replaced with a MUCH better educational video. Thank you. Congratulations on your success**","author_name":"Martin D. ","votes":5,"created_at":"2022-03-15T15:55:12Z","canonical_url":"https://wefunder.com/nextbolt#question-196507","answers":[{"id":196566,"entity_id":"wefunder:comment:196566","answer":"Martin, Thanks for your message. Your estimations are very off, we estimate an upfront purchased battery could be paid off in much less time, however thats not important as we'll be charging a subscription so the user does not have to purchase upfront. Storing nonpeak vs peak energy is a big deal, in San Diego it's the difference of 6x, which with average electricity bills potentially makes the cost miniscule in comparison to a purchase of 21k for tesla powerwalls. All of this is at CURRENT electricity prices, but as you might have seen with the recent geopolitical conflicts, in places like Spain electricity prices have increased to unprecedented levels. We will be releasing some science videos soon that I think you might enjoy, we agree that shortage of precious metals is a key factor and in our opinion (which we'll reveal in the video is backed by science)","author_name":"Jason Adams","votes":1,"created_at":"2022-03-15T22:06:15Z"}]},{"id":194158,"entity_id":"wefunder:comment:194158","question":"Hi Jason, your endeavour, the scientists you have on board and how you answered all the questions earn my respect and I hope very much that this product will be ready asap, because it is needed. BUT unfortunately I have to agree with some of the people commenting earlier: I have never seen such an “over-marketed” capital raise (from as serious source like Wefunder) in my last 40 years in finance. Your marketing firm has done a really bad job! They actually prevent many serious people from investing! Please check out other fundraising companies! These are not shoes, food or drinks, we need more details like the specs which were only answered in the Q\u0026amp;A section, the patent-situation (where we are still waiting for the lawyers to answer), how much is the target of the capital raise? On 12.27. you mentioned 2mln for sodium battery and 1mln for the rest of operations and at the end of the marketing text it is mentioned 3mln to build market and 2mln for the sodium battery and in one of the answers I have seen even another different number.","author_name":"Martin Brenner","votes":5,"created_at":"2022-02-26T18:19:20Z","canonical_url":"https://wefunder.com/nextbolt#question-194158","answers":[{"id":196314,"entity_id":"wefunder:comment:196314","answer":"Martin thanks for your interest in our company and feedback. We have taken your feedback and others like it to heart. We have heard you and are attempting to improve this. Regarding our target for the capital raise, we are aiming for 5m dollars. If we do not raise that amount in this Reg CF with Wefunder we expect to raise it elsewhere.","author_name":"Jason Adams","votes":0,"created_at":"2022-03-14T21:26:11Z"}]},{"id":193725,"entity_id":"wefunder:comment:193725","question":"Did your projection say 1 in 10 houses in America buys Next Bolt? Seriously? Isn't that an overestimation to look numbers big. Even Apple couldn't claim that level of market capture.","author_name":"Durganand Thatavarthy","votes":5,"created_at":"2022-02-23T13:14:03Z","canonical_url":"https://wefunder.com/nextbolt#question-193725","answers":[{"id":196562,"entity_id":"wefunder:comment:196562","answer":"There is a quote attributed to Henry Ford that I think applies here. “If I had asked people what they wanted, they would have said faster horses.” When Ford was making his Model T, if you asked the common person how many people would buy one, they would have thought it crazy that even 1 in 100 people drove a car. Meanwhile the average US household has 1.88 cars now. The reason why, is that everyone rode horses. It's hard for you to imagine having a battery in your home now because you haven't lived life with a battery. The reason you don't have a battery now is because it's way too expensive. As people have more batteries in their homes it will increase awareness to the benefits. This is exactly what Henry Ford did. He didn't invent most of what it took to make a Model T, he figured out how to manufacture, market and sell the Model T at a lower price than any competition. Right now we are hoping to do exactly this over a long term horizon.","author_name":"Jason Adams","votes":3,"created_at":"2022-03-15T21:37:41Z"}]},{"id":188929,"entity_id":"wefunder:comment:188929","question":"How many pre-orders do you have? (In $ and qty)","author_name":"Thierry Tanguay","votes":5,"created_at":"2022-01-17T18:27:08Z","canonical_url":"https://wefunder.com/nextbolt#question-188929","answers":[{"id":191023,"entity_id":"wefunder:comment:191023","answer":"Thank you for your question Thierry. We are pre-revenue and order taking. For now I will answer what I believe is the premise of your question. We WILL have a focus on partnerships and distribution but we believe it will be most impactful later in our progress. We have not seen any comparable product in the market, so just hitting our goals of bringing this to market should lead to demand. As a team we are VERY experienced in marketing, sales and partnerships.","author_name":"Jason Adams","votes":1,"created_at":"2022-02-03T20:45:24Z"}]},{"id":293221,"entity_id":"wefunder:comment:293221","question":"I am not getting any updates from you guys, is the project still on and alive ?","author_name":"Anwar Zegama","votes":4,"created_at":"2024-09-28T11:54:47Z","canonical_url":"https://wefunder.com/nextbolt#question-293221","answers":[{"id":299748,"entity_id":"wefunder:comment:299748","answer":"Hello Anwar, Apologize for the delay here. Our investor relation team had trouble accessing because of a Wefunder account change issue and it got lost in the shuffle as we primarily update our investors through email. We have been sending way more updates than we committed too at raise. We posted multiple times in wefunder telling anyone having an issue to email info@nextthing.tech to help diagnose, but I'm guessing you didnt get those wefunder updates either. I hope you see this one. The most likely issue is that the email you gave us upon investment has changed or is wrong. Please update us with the correct email. Once again, email info@nextthing.tech so we can help figure out whats going on, there has been much progress since you invested!","author_name":"Jason Adams","votes":0,"created_at":"2025-01-09T01:19:23Z"}]},{"id":200105,"entity_id":"wefunder:comment:200105","question":"'' \"Through an agreement for exclusive rights...\" Rights from whom??? Who owns the IP for this? '' Your answer to Grant Karlin was inadequate, considering that this agreement appears to be the entire basis for the company. What is the term of this agreement, and what are your plans for when it expires? What are NextBolt's responsibilities under the agreement? What is the scope of the rights granted? Do you, Jason, have any personal interest in any of the companies that own the IP?","author_name":"Steven Ganz","votes":4,"created_at":"2022-04-07T00:31:18Z","canonical_url":"https://wefunder.com/nextbolt#question-200105","answers":[{"id":218675,"entity_id":"wefunder:comment:218675","answer":"Hi Steven! Next Thing Technologies does not have patents assigned but has other commercial contracts which give the company use of the technology. Due to confidentiality agreements, we cannot go into details.","author_name":"Jason Adams","votes":0,"created_at":"2022-09-14T20:53:15Z"}]},{"id":199688,"entity_id":"wefunder:comment:199688","question":"Please provide the numbers of the US patents covering the product. What foreign patents correspond to those US patents? Are there other US patents that may be infringed by your product?","author_name":"Steven Stone","votes":4,"created_at":"2022-04-04T23:51:35Z","canonical_url":"https://wefunder.com/nextbolt#question-199688","answers":[{"id":218676,"entity_id":"wefunder:comment:218676","answer":"Hello Steven, Next Ting Technologies has preferential access to some of the technology patented by our partners. No patents are pending for Next Thing Technologies itself. Most of these patents are owned or exclusively licensed by partners of ours. One of the patents is this one uspto.report/patent/app/20200358085.","author_name":"Jason Adams","votes":0,"created_at":"2022-09-14T20:55:41Z"}]},{"id":197282,"entity_id":"wefunder:comment:197282","question":"Please be more specific on what the wall unit will cost. It states 100.00 per month, but does not give an actual cost of the unit. What is the actual buyout of the unit. What is the cost of production estimated. if you are going to charge 100.00 per month, what would be the front end investment of providing a unit and time to pay off unit, until profitability hits. Is part of the plan to work with a finance company and finance the purchase. What are your future dilution plans in raising money in the future. How many times will you do capital raises and at what levels. What will you do to ensure future capital raises or not at lower levels as to protect our investment. What kind of incentives will you give your investors to participate at future capital raises. Example giving warrants to participate at future raises at same prices levels as this capital raise restricted to the amount of shares they purchased at this time. In cases that shares our at a lower level, the warrants would be at the price as to average down the initial investors to the cost of the secondary raise and/or hold the same price. This would give incentive and assurances to investors on first wave of capital.","author_name":"Jaime Melgarejojr","votes":4,"created_at":"2022-03-21T08:41:45Z","canonical_url":"https://wefunder.com/nextbolt#question-197282","answers":[{"id":219291,"entity_id":"wefunder:comment:219291","answer":"Thank you for your question and interest in Next Bolt. We apologize for how long it's taken for a response, we never expected the magnitude of response that we got. We are a small team and became a bit overwhelmed with the interest, finance closing and number of questions across all channels. We intend to respond to every question so thanks for your patience. For more immediate assistance please address inquiries to our support at info@nextbolt.co. -Investor Relations","author_name":"Jason Adams","votes":0,"created_at":"2022-09-19T05:29:20Z"}]}],"faq":[{"question":"Why is your video so long and talks very little about the actual technology and benefits versus hype and political propaganda? I am interested but have a hard time understanding the value of the length and BS.","answer":"Hi Ronny, through consultant marketing firms they decided it was best to educate on international, political, or energy related dynamics that make our battery such an obvious future solution. We decided to try to inform people of the nature of those first and foremost because they lead to what we see as a giant wave we believe we are standing at the front of. I have taken your feedback however and we are making a revised page that makes it easier to get the clean facts about the technology an..."},{"question":"Product appears to be a very worthwhile endeavor. Why are you only looking at raising $300K? That is a fast burn through number for such technology.","answer":"Hi James. I believe the 300k amount you see is the early bird investor amount, we are looking to raise 2m to advance the battery cells to production and an additional million to support the rest of our operations to get us to the next stage of fundraising."},{"question":"Hello James, Thanks for actually taking the time to consider my feedback and revising your materials. I love the technology and will most certainly invest! For clarity, is this investment opportunity just for the specific product or other products that may be developed with th...","answer":"Hi Ronny, we are excited to have you onboard our small team here. Thank you for your belief in us. One day I hope you'll be telling stories how you helped bring the technology in everyones home to market. We hope we will be the best option energy storage, so that is where we are focused at first."},{"question":"Two questions… first question is what are the battery specs (kWh, cycles, year life, load % after 10+ years, etc…). Second question is how safe can this be? We have always been taught especially in chem classes that sodium is a very Volatile metal even more so than lithium. Ju...","answer":"One of our cell science partners envision cell level: \u0026gt; 550 Wh/L, \u0026gt;5000 cycles with a 80% capacity retained (\u0026gt;1 cycle / day over \u0026gt;10 years), up to 20 years of calendar life, keeping in mind that for stationary storage up to 60% capacity retained is the typical standard. We have not yet achieved these metrics but believe that is because we have not yet reached sufficient resources and scale. Safety is significantly improved. There is no flammable liquid electrolyte typically used i..."},{"question":"I don't understand at all how the purchase process works. Are the customers paying $100/month for the Next Bolt plus their usual electric bill or is it just a flat $100/month for both? I also saw that the price could scale with usage as well?","answer":"The customer would pay 100 per month for the next bolt irrespective of their energy bill."}]}}}