# Qnetic Corporation

Energy storage with zero lithium and zero-degradation

## Elevator pitch
Qnetic is designing a grid-scale kinetic battery. This device provides daily storage for solar and wind energy in order to solve the intermittency problem of these power sources. With enough energy storage, civilisation can make the full transition to sustainable energy and witness the end of fossil fuels. We will design, test and manufacture the Qnetic battery and sell it to power producers, developers and electric grids.

- Canonical URL: https://wefunder.com/qnetic
- Entity ID: wefunder:company:121370
- Last updated: 2026-06-19T05:00:51Z
- Generated at: 2026-06-19T16:58:48Z

## Quick facts
- TRACTION: $110m in signed customer LOIs
- TEAM: Powerhouse of experts in tech, engineering & biz, united to transform energy systems
- TECH: Fully functional 40%-scale prototype proving our technologies and design architecture
- PATENTS: 3 applications filed to protect our core innovations
- KINETIC: Chemistry-free technology, storing energy mechanically for long duration
- MISSION: Revolutionize the way we store energy to power our planet.
- MARKET: huge growth with storage demand doubling every 3 years
- ALREADY FUNDED: Raised $2m, led by SOSV, the world’s #1 climate-tech VC

## Active fundraises
- wefunder:fundraise:110903: 4(a)(6) successful (USD)
- wefunder:fundraise:110902: 4(a)(6) successful (USD)
- wefunder:fundraise:68648: 4(a)(6) successful (USD)
- wefunder:fundraise:70525: 4(a)(6) successful (USD)

## Investor memos
- Kingscrowd Capital: https://wefunder.com/updates/178660

## Story
Want to dive deeper into our technology, market opportunity, team, and financials?👉 Click to Visit our Website for 2026 Private Stock Offering.BE PART OF THE FUTURE OF ENERGYThe world is undergoing a massive transition to renewable energy, but there’s one piece missing to complete this puzzle—energy storage.Wind and solar energy are abundant but intermittent, creating a need for reliable storage systems that can store energy when production is high and release it when it’s low.At Qnetic, we’re developing a revolutionary flywheel energy storage system that addresses this challenge far more efficiently than current technologies.HOW QNETIC IS SUPERIOR TO LITHIUM-ION LFPToday the dominant technology for grid scale battery is Lithium-ion LFP (lithium iron phosphate). This technology was the best we had so far, until Qnetic. Here are the reason why customers prefer Qnetic over Lithium-ion.Unlimited Lifespan: Unlike lithium-ion batteries, which degrade over time, Qnetic’s system offers zero capacity fade over decades of use. That means more revenue for the customer.Cost-Effective: While the installation cost and land efficiency (kWh/m2) are the same our flywheel technology is projected to be 50% cheaper than lithium-ion batteries over the long term, saving our clients millions in replacement costs and maintenance.Temperature resilient: Unlike lithium-ion Qnetic doesn’t care about the external temperature making it the perfect battery for locations with cold winters and hot summers.Made locally: For our US customers our product is made in USA and for our European customers it is made in Europe. Lithium ion LFP battery cells are almost entirely supplied from China.AN UNPRECEDENTED MARKET MOMENTUMQnetic has secured over $110M in signed Letters of Intent (LOIs), including major deals with AREVON, Tesla Megapack’s number one customer, highlighting strong market confidence in our technology.We are experiencing tremendous market traction, as industry leaders recognize the need for durable, sustainable storage solutions that outperform traditional batteries. The current LOIs alone provide enough business to cover the first two years of production for our U.S. assembly line, positioning Qnetic to rapidly scale and meet the growing demand for advanced energy storage.HOW QNETIC WORKSQnetic charges and discharges electricity like any other battery, but it works differently. Instead of storing energy chemically, Qnetic uses a motor to spin a rotor, converting electricity into kinetic energy. The faster the rotor spins, the more energy it stores, and at top speed, Qnetic is fully charged.Thanks to a vacuum and magnetic bearings, the rotor spins friction-free, keeping Qnetic charged and ready to use. When power is needed, the motor switches to generator mode, slowing the rotor down and efficiently converting its kinetic energy back into electricity.Qnetic vs. Traditional FlywheelsTraditional flywheels are typically designed for short-duration, high-frequency energy applications, focusing on power quality rather than long-term storage.Qnetic is different—it’s specifically engineered for long-duration energy storage, with innovations like advanced magnetic bearings and a low-cost high-speed rotor in a vacuum, allowing it to store more energy for extended periods with minimal losses. This makes Qnetic ideal for bridging the gaps in renewable energy supply.WHAT WE'VE ACCOMPLISHED SO FARWorking Prototype: We have built our fully functional 40% scale prototype codenamed VEGA. It demonstrates the high performance and durability of our system.Strategic Partnerships: We’ve built relationships with leading suppliers and industry experts, positioning Qnetic for rapid growth and scalability.3 core invention patents: We have successfully protected the core Qnetic technologies around the rotor, the bearing system and our innovative permanent magnet bearing.OUR TEAMOur team boasts extensive expertise in business, finance, procurement, logistics and multiple engineering disciples including mechanical, electrical, magnetic and composite materials.With several experts in wind turbines and rotating machinery design, we are exceptionally well equipped to drive Qnetic’s ongoing development.Moving forward, we will further strengthen our engineering expertise and hire professionals in market development and manufacturing.OUR VISIONWe’re building the future of energy—a world where renewable energy can power everything, with no downtime. Qnetic’s flywheel technology can provide clean, efficient, and reliable energy storage that can last for decades, helping the world achieve its climate goals.Example 80MWh battery installationWHY INVEST IN QNETIC NOW?The demand for long-duration energy storage is growing rapidly, and Qnetic is taking charge. Our technology can outperform lithium-ion in every way—longer lifespan, lower costs, and greater sustainability. With $110M in LOIs already secured, now is the time to invest in a company that is ready to disrupt the energy storage market.This is your chance to invest in a technology that has the potential to revolutionize how we store and use renewable energy.Join Qnetic. Invest in the future.BACKED BY WORLD’S #1 CLIMATE TECH VCSOSV is the world’s #1 most active climate tech VCQnetic is invested by SOSV under their HAX hard-tech accelerator programme, based in Newark NJ. SOSV focuses on early-stage investments in deep-tech for ‘human and planetary health’ (check https://sosv.com/ for more information).We are proud to have their support and leverage. See https://sosv.com/company/qnetic/.BACKED BY KINGSCROWD CAPITALAfter reviewing Qnetic—see below—Kingscrowd decided to invest from their own fund in Qnetic! We are excited and proud to have Kingscrowd and their participants as an investor.BACKED BY D3 VENTURE CAPITALSherwood Neiss, the Founder and General Partner of D3VC, is the author of the book Investomers and also co-authored the framework for the very laws that enabled crowdfunding to exist in the first place! Neiss is an authority on crowdfunding and we are proud to say an investor in Qnetic via this VC fund.THIS IS A TOP-RATED OFFERING!Kingscrowd.com analyses startups and offers rating, analytics, and research, to inform investors like you where to put your money.At 4.7 out of 5.0, Qnetic’s Seed Round is among the top offerings across all platforms.https://www.kingscrowd.com/qnetic-on-wefunder-2024/ for more info (full report requires an account/subscription).Qnetic’s investment offering has been rated an outstanding 4.7 out of 5.0!Kingscrowd’s investment analysts were sufficiently excited by Qnetic to dedicate a full episode of their Investment Roundtable to us. Their deep-dive discussion gives you some 100% independent insights into our unique technology, the massive market, and our customer traction and future conversion to sales:Here is the complete Kingscrowd article covering Qnetic: https://kingscrowd.com/investment-roundtable-episode-011/. NB—they erroneously state our pilot customer to be MMWEC, which should be WBMLP (West Boylston Municipal Light Plant).QNETIC FEATURED ON UNDECIDED WITH MATT FERRELL!Qnetic is not the subject of the title China’s Largest Flywheel, however, the video features Qnetic’s Vega prototype being built, and many of the team. Matt’s video is quite a good guide but some of his assertions can be improved:Lower hourly energy losses are achievable. Qnetic is targeting 0.5%/hour.Low Capex is achievable with Qnetic’s unique approach to the core rotor technology.FESS are not limited to short durations. There is one 4-hour system in the world already, and Qnetic is proving 4–12 hours duration.Matt doesn't mention unit capacity. Qnetic stands alone as a 1MWh technology, compared to a typical existing product in the 10–100kWh range—Qnetic is one or two orders of magnitude larger capacity!Some additional material...OUR STORYQnetic’s origins lie in a three-month, 6,000km bicycle trip. A journey through sun and rain, hills and plains, to find an answer to the question: "when we are old, forty years from now and looking back on our lives, what did we do that made a positive impact in the world?"That journey provided the time and perspective to find the answer.Our experience as engineers told us that redefining our energy system is the key to solving many of the problems facing our planet, and the biggest of all the world’s problems is global warming.The biggest problems are also the biggest opportunities…Qnetic Disclosure under Section 17b of the Securities Act

## FAQ
1. **What would be the noise level heard on the ground and does it propogate further to neighborhood? Is it assured in the whole life cycle? This might give rise to environmental considerations.**
   - Hi Kevin, excellent question, thanks for asking. Qnetic is designed to minimize losses and vibrations. The accurately balanced rotor operates in a vacuum chamber suspended by contactless full magnetic levitation bearing. The stiffness of those bearings is very low therefore the forces transmitted from the rotor to the casing are limited. The casing is mounted on silent blocks that cut-off the transmission of high frequencies to the ground. The electrical system (generator/motor, converter) ab...
2. **Does the array have requirement for specific location like must be close to a substation? Since wind and solar parks can be built on mountainous regions and you need go to 5~6 meters below the ground, the construction on complex and flat terrain will be very different scenario...**
   - Hi Kevin, thanks for the question. Qnetic is a grid scale energy storage solution so it needs to connect to the grid [High Voltage or Medium Voltage] and have a to do so through a substation/transformer. If already existing, we can use the infrastructure of wind or solar farm. There is no real limitation on where Qnetic can be installed and it doesn’t have to be flat. We need to dig 7m below ground so for unfavorable location (Rocky soil) the economical coherency of the global project shall p...
3. **Hello, some supercapacitors have efficiency 95-99%, you mentioned that your technology has around 85% efficiency. I get it that your version is more robust than other flywheel outfits, but what are the benefits of a flywheel storage technology in comparison to supercapacitors ...**
   - Hello Vilem, supercapacitors are a great medium for energy storage, they have high efficiency and have very high specific power, it means they can release a lot of power in a very short time. Qnetic on the other side have very high specific energy that means it can release high volume of energy for much longer period. They are both complementary technologies, Supercapacitors work for very short duration (seconds to minutes) and Qnetic works for 4 to 12 hours. The discharge duration of the ene...
4. **Hi, Great technology. Can you talk about the material used on your rotor - carbon fibre or otherwise? How long would you expect it to last? Additionally at what typical rotational speeds are you looking to run the rotor at? Seems like you're using magnetic bearings for the top...**
   - Hello Samuela, thank you for you questions. The rotor is made of high strength and lightweight composite material. The detail of the material composition cannot be disclosed here. It is expected to last 20 years or 15000 cycles with 2 full loads per day. The rotor spins at 8000 RPM and is supported by magnetic cushions. The top bearing supports the system axially and radially while the bottom bearing supports the system only radially.
5. **Do you have any patents and if so what is the patent and where was it granted. Thank you in advance.**
   - Hello, We are currently writing the patents to be filed according to IPC. We plan to file the patents in US, Europe and China.

## Team
- Michael Pratt (Founder, CEO)
- Loïc Bastard (Founder, CTO)
- Malcolm Mathews (COO)
- Dr. Mathias Mier (Head of Quality, Procurement, Head European Office)
- Amy Shen (Director of Business Planning & Strategy)

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## Q&A
- Q: You mentioned noise levels are part of your regular evaluations and would be published when available. Do your evaluations include measuring vibrations and noise levels outside human limits that may pose an impact on the environment? More specifically, impacts on vibration/noise sensitive life forms dwelling underground that may alter their behavior as a result of the technology? Thanks! 11.Jan.2022
  - A: Dear Martin, thanks for your questions. We are very careful about vibrations and noise, for the environment and for our mechanical system. Vibration means fatigue and wear, it is our worst enemy. The system is mounted on silent blocks that filters the big majority of the vibration between the system and the ground. The system maximum speed is 8000RPM, so the main potential excitation is at low frequency (below 135Hz). These, combined with the low stiffness of the bearing and the fact the rotor is in a vacuum, make Qnetic extremely silent. We plan to measure vibrations and noise on a broad spectrum and optimize the system. All in all, we believe the risk to subterranean animals is small but we’ll consider this risk factor during development and thanks for raising it!
- Q: I love what I see here, at Qnetic. Plus Kingscrowd, ranks you very highly, which means a lot to me as an investor. However, are only 3 patents enough to protect this groundbreaking technology? It would seem like you need dozens of patents to keep your 'moat' wide.
  - A: Thanks, Tom, for your appreciation! As a ‘Unicorn Hunter,’ you may have noticed our recognition by ‘Unicorner’ as one of the Top 5 Startups of 2024. We’ve strategically filed a select number of high-impact patents, each with broad scope and containing more than 100 claims, ensuring robust protection while efficiently managing our IP investment. These applications cover inventions related to the radial bearing system, various machine features, and rotor design and manufacturing. Additional patents are currently in preparation, drawing on insights and findings from our ongoing tests and simulations. From the outset, we prioritized PCT applications to secure global coverage, focusing on full patents rather than utility models. The ongoing funding round will enable us to accelerate the filing of additional patents and further expand our IP portfolio. With decades of IP experience within our team and the support of the renowned patent attorney firm Rouse, we are confident in executing a smart, growth-oriented patent strategy.
- Q: Dear Mr. Pratt, Unfortunately, Trump ("drill baby drill") was elected, which does not bode well for the emerging green energy market. I am wondering how this will affect Qnetic, in terms of grant monies that are sure to dry up under a Trump administration. Will you be able to go through with the W. Boylston project without a grant from Biden's infrastructure act (they will try to kill it). Thank you.
  - A: Hi Nick, it’s certainly a hot topic! Thanks for raising it. Coincidentally, I was in a webinar last week with an expert panel discussing exactly this topic. Let me share my takeaways from those panelists (let’s focus on economic arguments, not politics): 1. There are actually some very positive things to start with, all of which should favour Qnetic: — Expectation that Trump will increase tariffs on China-imports, including/especially Li-ion cells. — Expected greater focus on energy sovereignty, security and resilience. — Stronger emphasis on onshore manufacturing. — The Elon Musk factor! Musk may cause a shift in attitude. 2. Although threats to funding are real, there is probably more rhetoric and posturing about fossil fuels than will be reflected in actual policy change. Most likely there will be a broadening of funding scope to include legacy fossil-fuel options, which will then have to compete—and probably lose—on competitive grounds (including environmental considerations). 3. Trump has executive powers to make scalpel-like changes but the IRA has very broad bipartisan support across government, making sweeping changes unlikely. 4. The funding is already committed and allocated at state level, much of it to red states, and much of it supporting domestic manufacturing and infrastructure jobs, which would make no sense to rescind. The states decide their own climate policy and plans and the W. Boylston project would be based on state-level funding.
- Q: Qnetic Team, can we get an end-of-2025 update?
  - A: Hi Perry. Yes! Working on that now.
  - A: I'm sure you saw it: https://wefunder.com/qnetic/feed/265892-2025-h2-investor-update
- Q: Vacuum and magnetic isolation notwithstanding, there will be energy losses due to eddy currents and gyroscopic effects. These may be small and manufacturing being imperfect, vibration will occur and magnify these. 1. Could you mathematically express energy losses as a percentage of total stored energy as a function of time? 2. Are the batteries meant for stationary deployment, or is a wider range of applications in scope? If non-stationary applications are planned, how are you dealing with gyroscopic challenges during use?
  - A: Dear David, Thank you for your questions. Several factors result in unavoidable idling losses: aerodynamic losses (vacuum conditions can’t be perfect); eddy current losses, present in both permanent and active magnetic bearings, although minimized; vibrations (imbalance is reduced to G2.5 standards but not eliminated); and misalignment, leading to uneven magnetic loading and other inefficiencies. Our current iteration Vega prototype has an energy loss of 2.8% per hour at max speed. We're improving these results by pulling a deeper vacuum of 0.1 Pa (vs. 4 Pa currently) and better alignment, with a goal of 1% energy loss per hour with Vega. Our serial product target is 0.5% energy loss per hour at max speed—so we are making great progress! Our product is designed exclusively for stationary applications—mobile is complicated (gyroscopic forces), and not core to our mission. Best regards, Loïc.
- Q: A few questions based on the data you have provided: (1) The Imperial College Consultants’ report of 16 December 2022 states that proto-types are planned for 2023 – 2024 versus your information deck of 2023. When do you now expect the 1:4 proto-type to be ready? (2) The anticipated price of one unit is $560,000 with a 50% profit margin. How were these amounts determined? (3) What is the true growth of the storage market and how determined? In your dataset you state the market is doubling every 2 years and also state it is doubling every 3 years. Why the inconsistency? (4) Your dataset states that 4 tons of CO2 can be avoided each day by one unit with 2 full discharges. However, if a discharge can be 12 hours, how can you do two a day. Alternatively, if a full discharge can be accomplished in 4 hours, does that mean it takes 8 hours to fully charge? I did notice that in the answer to a January question, that you can fully charge in 4 hours and fully discharge in 4 hours so that implies you can cycle 3 times in a day not 2. So is the C)2 avoidance really 6 tons? (5) If December 31st is the fiscal year end, why present non-audited financial statements as of September 30th versus audited statements as of December 31st? Also, the financial statements provided are “combined” versus consolidated; however, you indicate two of the three companies are subsidiaries of the third, so why not consolidate? (6) Disclosed Voting Power only covers 64.6% of the shares; shares owned by Pratt and Bastard. Who holds the balance of the voting power / shares?
  - A: Hi Karl, Thank you for the questions. (1) We have two stages of prototypes that we are working on, and the Imperial College Consultants' report is talking about both of them. The first prototype is a lab-scale prototype (1:4) that we have planned for 2023, and is the primary use of the Wefunder funding campaign. The second prototype will be the MVP, which is expected to be completed in 2024. (2) The $560,000 anticipated price is based on a selling price of $280 per kWh x 2000 kWh (one Qnetic unit). The cost of each unit is estimated to be about $140 per kWh x 2000 kWh, and thus derives the 50% margin. The cost of the product was calculated based on the Bill of Materials using latest commercial information from wind-turbine supply chain sources, and manufacturing costs. The selling price was based on what we believe is competitive market pricing versus competing technologies. (3) As indicated on the slide, the growth of the Storage Market is based on publicly available reports from Bloomberg Finance and other sources, although Elon Musk recently claimed a market that would be three times the size. Yes, the market is doubling every 3 years. Thank you for pointing out the inconsistency. We have corrected it. (4) Four hours is the shortest charge or discharge time based on the power rating of the system. Twelve hours is the longest reasonable discharge duration that users might need. Naturally a twelve-hour discharge can only be done once a day. A more typical regime will be, for example, 6 hours to charge and discharge twice a day. Charging eight hours at night from wind power then discharging 4 hours at dawn is also likely, for example. Is is indeed possible to cycle three times a day but everywhere you look, the grid generally has two power demand peaks at dawn and dusk, so two cycles is more logical. We have uploaded NREL’s 'The Four Phases of Storage Deployment' report for context. (5) At the time of the beginning of the Wefunder campaign (prior to Dec 31st), we only had non-audited (but CPA reviewed) financial statements as of September 30th available. The process of consolidating the three companies is ongoing and is estimated to be complete by end of May at the latest. (6) The balance of the shares are owned by part of the team who are also early investors, as well as the team of advisors. A portion of the shares are also set aside for an employee stock ownership plan for early employees.
- Q: Interesting concept. Can you tell us what materials go into your product and how they are acquired. Specifically, how do we know that the materials are gathered responsibly, not mined by children, in hazardous conditions or from the ocean?
  - A: Dear Rae, thanks for the opportunity to talk about supply chain strategy! Our specific supply chain (beyond the prototypes) will be matter of a later stage of development. Already in an early design stage, we are focus on environmental responsibility. From our business background, we are used to manage (and control) a high standard “code of conduct” related to the supply chain. This includes social & environmental responsibility and business ethics like the prohibition of child labor, HSE requirements, carbon footprint and recycling rate. Qnetic targets “local content”, sourcing the material locally, fulfilling local regulation and ensure added value in the regions where the solution is deployed. We intend to have factories in US, EU and China. Materials are basically: • Steel and other commercial metals • Composite fibers • Electrical and electronic parts • High performance magnets, nowadays NeFeB magents — uses rare earth metals, manufactured almost only in China. We will source the magnets as responsibly as possible, expect recycled neodymium available soon and we are observing the development of potential rare earth free alternatives. Apart from NeFeB magnets, Qnetic's supply chain does not rely on specific supply chain bottlenecks such as Congolese cobalt, Chilean lithium, or Chinese anode/cathode materials. Qnetic can be manufactured anywhere in the world.
- Q: Great to see you are developing a new option for grid storage. Multiple technologies are needed to support the transition and I've invested to support the development of several of them. Flywheels are clearly far better for this use case than lithium-ion. How does your tech compare in performance, cost, sustainability and other relevant metrics with potential alternative storage solutions such as pumped hydro, compressed air, thermal, flow batteries and gravitational storage? (looking at where competitors in these areas are likely to be in 5 years' time when you are at the production stage). [UPDATE - thanks for the response Dr Mier and I look forward to reading the forthcoming paper you mention]
  - A: Thank you Iain for your question and for your investment, really appreciated. As you said, multiple technologies will be needed, hydrogen, compressed air, pumped hydro, flywheels etc. If we take the challenge of storage and we sort out the best technology for different application (different discharge duration), we can see that hydrogen will be the cheapest for seasonal, compressed air energy storage may best serve weekly and pumped hydro is the cheapest for daily storage. But pumped hydro is not scalable and limited to specific geography. Qnetic Flywheel Energy Storage will be the best scalable solution for 4 to 12h discharge duration. This suits the need for daily energy shifting, which is more than 60% of future market for energy storage. Qnetic is safe, no chemicals, no fire hazard and it can be produced locally (very critical for energy security). There is an excellent study about different technologies for different application from Dr. O. Schmidt and Dr. I. Staffell, leading experts on energy storage (https://www.storage-lab.com/levelized-cost-of-storage). We worked with Oliver as a third party to compare Qnetic with other technologies. We just got the report and we hope to publish it on our updates in the coming weeks. Stay tuned!
- Q: Your public materials repeatedly mention Qnetic as offering a solution to Chinese technology and sales. Why then does the company have a HQ in Shanghai? What is the nature and extent of the company's operations in the totalitarian and human-rights-plagued regime?
  - A: Hi Jonathan. I am typing this in Sacramento, CA, where we have spent the day looking for a factory space. The US-market product will be made here in the US: not just final assembly but the core rotor technology. The Shanghai location is where Qnetic was born in 2021, founded by me and Loïc, British and French engineers respectively, who were living there doing other jobs. The Vega lab scale product you see in the videos, was made in Shanghai as it allowed as to speed up development at low cost to enable us to get to the market faster. The Shanghai technical team that enabled us to build it will remain, as we ramp-up US engineering, production, sales, maintenance and other operations. Our IP is owned by our US topco.
- Q: What is the valuation target for the TBD series A round?
  - A: Hi Benjamin, Thank you for your interest and question. The valuation is going to be based on the size of the investment of the Series A round (and that is going to depend on our success in the SEED round, which is still underway). As you can see, our current round on Wefunder is based on a SAFE with a $20M valuation cap, and obviously, we are targeting both our SEED round as well as our subsequent Series A Round to be well north of that and to provide a significant benefit to our Wefunder investors who have really helped us in our early stages. Hoping for your support as well, and please feel free to ask additional questions.
- Q: Glad to see you back, I will be raising my stake. I have one nagging concern however. The number of patents filed (3) is not impressive given the uniqueness of the operational technology. What is covered by the current patents, and do you have additional patents pending? Thank you.
  - A: Thanks Nicholas for your continued support! We’ve strategically filed a few high-impact patents, each with broad scope and numerous claims, ensuring strong protection while optimizing our IP investment. From the start, we filed PCT applications for global coverage, focusing on full patents. Current filings cover core innovations like our unique rotor and bearing system, with several additional applications in the pipeline. The ongoing funding round will accelerate our ability to file more patents and expand our IP portfolio. With decades of IP experience in our team and the expertise of patent attorney firm Rouse, we’re confident in executing a smart, growth-driven patent strategy.
- Q: I had invested in Beacon Power over 12 years ago. Why did their flywheel tech not work- and how is yours different?
  - A: Hi Michael. It’s a great question… I don't know the inside story of Beacon Power but here’s what I can say: • Qnetic has a clearly stated purpose: our aim is to enable 24/7 use of clean, sustainable power on demand, and the end of power from fossil fuels🛢️ • Qnetic’s application is radically different. Qnetic performs bulk storage of energy and discharges it according to the grid’s daily supply and demand cycles. Beacon Power provides grid stabilisation services. • Qnetic’s product is in a different league. Qnetic stores 2,000kWh of energy and discharges it at 500kW over a 4–12 hour period. Beacon Power’s product stores 25kWh of energy (1.25% of Qnetic) and discharges it at 100kW over 15 minutes. • The market has changed. In 2012, the idea of using batteries on the grid barely existed, so the need to design a large-capacity flywheel was not there. A decade later, in 2022, a record amount of new energy storage was installed—66% more than the year before. This market is doubling every three years📈 Beacon Power’s US facilities are still operating, purchased and run by Convergent Energy and Power. We can also see that Beacon Power products are being actively and recently promoted for sale. We think it’s great you were such an ‘early adopter’ supporting FESS—I believe an investment in Qnetic doesn’t require so much faith! 🚀
- Q: Any update on the construction? Able to see mockups of the site?
  - A: We have two sites, both with major updates. Please check our investor update coming out soon then if you have further questions, let me know.
- Q: Will the company open up for a second round of investor opportunities?
  - A: It is always a consideration but we are not doing that yet. Please keep an eye out—if we do it, we will announce it clearly. BTW, we already did two rounds, one in ’23 and one in ’24. Thanks HJ.
- Q: Hi Qnetic Team, After watching your campaign video, going over the details you've provided on the campaign page, and doing some basic research outside of the WeFunder platform, I have a few questions to better understand your strategy, technology, and market approach: Market Adoption in Energy Sector: While your flywheel technology offers promising advantages over lithium-ion, such as zero degradation, temperature resilience, and lower long-term costs, the energy sector can be conservative, often prioritizing proven, reliable technologies. How do you plan to address the challenge of selling your technology to established energy companies, particularly given their preference for proven systems that ensure grid stability and availability? What strategies will you use to overcome resistance to new, unproven technologies in such a critical infrastructure space? Lithium-Ion vs. Qnetic – Why Choose Qnetic? It’s clear that your technology brings advantages like durability and long lifespan, which are crucial for energy storage. However, lithium-ion still has a strong foothold, particularly due to its higher energy density and smaller physical footprint. Given these advantages of lithium-ion, why would companies choose Qnetic’s flywheel technology over lithium-ion, especially when energy density and space are critical considerations for large-scale energy storage solutions? Could you elaborate on specific use cases where Qnetic’s flywheel technology outperforms lithium-ion in a way that addresses these concerns? Path to Market – Competing Against Established Players: As you challenge existing technologies, I am curious about how Qnetic plans to compete not only against lithium-ion systems but also with other energy storage solutions. How do you plan to differentiate Qnetic’s technology in a competitive landscape where more established players may have significantly more capital, resources, and customer relationships? How will you navigate this competitive challenge? Your technology offers some remarkable advantages, but these questions will help me assess how well you’re positioned to scale and compete in the energy storage market. Thank you for your time, and I look forward to your insights. Best regards, Eric Liang