Qnetic Corporation

Low-cost energy storage to unleash sustainable power

Last Funded July 2023

$1,217,592

raised from 899 investors
Pitch Video
Investor Panel

Highlights

1
🌍 Our mission is to revolutionise the way we store energy to power our planet
2
☀️ Qnetic unleashes the potential of renewables: low-cost, long-life, grid-scale energy storage
3
💡 Say goodbye to inconsistency and hello to reliable, clean energy at scale 🌬️
4
⚙️ 3 patent application filed to protect our core technology

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Our Team


QNETIC'S PITCH

OUR PROGRESS SINCE LAST RAISE:

The funds we raised in 2023 enabled us to build the quarter scale prototype Vega that contain all the technical innovations and challenges of the full scale product and it works. [to be improved]

Together with the prototype we have built a team of experts and talents so we are ready to face the next stage of the company. [to be improved]

THREE SIMPLE STEPS TO DECARBONIZE OUR ENERGY SYSTEM…

To a next-generation clean, sustainable energy system:

Decarbonization is not a renewable energy problem; it is an energy storage problem.

Our cheapest power sources are wind and solar—and they’re scalable!—but the sun doesn’t shine at night and the wind doesn’t always blow. This is the intermittency problem. It makes reliance on mass-scale renewables impossible.

The only way to replace fossil fuels by renewables is by storing energy. Lots of it…

Storage solutions exist, but they are not up to the job. Some are not scalable; some degrade and need replacement every few years; some have fire or toxic chemical risks; and all are too expensive.

To solve these problems and help build the future we want, we created the Qnetic Mechanical Battery.

OUR MISSION:

Our mission is to enable the sustainable energy transition, by building the best possible energy storage that outperforms the current best technology on every metrics.

Our focus is bulk storage of energy, answering the grid’s 24-hour supply and demand cycles and supporting the transition to solar and wind.

OUR PRODUCT:

Qnetic charges using electricity, and discharges electrical power just like any other battery.

But Qnetic is different.

Unlike traditional batteries, Qnetic doesn’t store energy as an electrochemical potential. Instead, it uses a motor to spin a rotor, efficiently converting electrical energy into kinetic energy.

The faster the rotor spins, the more kinetic energy it contains, and when it reaches top speed, Qnetic is fully charged.

Thanks to a near-perfect vacuum, and a rotor that floats on a contactless magnetic cushion, the rotor remains at high speed and Qnetic stays charged. This innovative design ensures Qnetic is ready when it’s needed.

When power is required, the dual-function motor becomes a generator. The process is reversed, and the rotor slows down as its kinetic energy is efficiently turned back into electricity.

INTELLECTUAL PROPERTY:

We have successfully protected the core Qnetic technologies around the rotor and the bearing system. We are currently drafting a patent around our innovative permanent magnet bearing. These 3 invention patents constitutes a solid barrier to any potential copy-cat. [to be improved]

QNETIC INSTALLATION:

Due to its mega size, Qnetic is installed in specific energy storage facilities which are usually operating close to wind and solar farms, or close to the community they are serving.

An energy storage facility comprises an unlimited number of Qnetic, connected together to form a megawatt-scale battery that can support the needs an entire town, for example.

Qnetic is installed in the ground for two reasons:

  • Intrinsic safety
  • Low visual impact on the landscape

THE INTRA-DAY WHITE SPACE

Not all batteries are alike—the capability to economically discharge for a long duration sets them apart.

To exploit renewable power 24-hours a day, storage needs to do ‘daily energy shifting’. With enough storage doing daily energy shifting, we can power lights in the evening using solar from the day, and we can power our offices in the morning using wind power from the night. It’s that simple, and that essential.

To achieve it, a storage system must be capable of discharging energy for 4 to 12 hours. This is the #1 application for energy storage and what Qnetic is designed for.

Combined with hydrogen energy storage for long-duration, Qnetic will enable us to shut-down all the coal and gas power plants for good.

How does Qnetic compare to the main competitor for daily energy shifting: lithium-ion batteries? 

QNETIC BEATS LI-ION:

Li-ion LFP batteries are the main stream technology used today for grid scale storage. By 2030, even accounting for the price decrease of LFP, Qnetic total lifetime cost will be lower than LFP. [to be improved]

Additionally Qnetic is more reliable, safer to use and cleaner for the environment. [to be improved]

OUR CUSTOMERS CAN MAKE MORE MONEY

Thanks to a lifetime of 15,000 cycles with no degradation, customers should expect Qnetic to be twice as profitable as Li-ion batteries.

The report at the ⬇️ bottom of the page ⬇️ explains how researchers at Imperial College London calculated this IRR comparison.

ENABLING SUSTAINABLE ENERGY INDEPENDENCE:

The supply-chain and raw material origins of lithium-ion batteries are a geopolitical issue—most countries are not in control of their energy storage resources.

Qnetic is not a chemical battery, so it’s fundamentally different. It uses common engineering materials, easily sourced locally and independently.

We don’t believe in shipping Qnetic across the world. Instead, we are committed to manufacturing Qnetic locally, creating local jobs.

CLEAN ENERGY FOR ALL:

POWER ON-DEMAND:

Qnetic is specially designed to store the cheapest forms of energy—solar and wind power. It provides power on-demand to multiple users, lowering the electricity bill and eliminating carbon emissions from the mains supply.

OUR SOURCES OF REVENUE:

Qnetic has several ways to generate revenue:

   1. PRODUCT SALES—customers can buy the product outright. Revenue will be generated when each product is sold and installed at the customer site.

   2. MAINTENANCE—for a recurring fee, Qnetic will monitor the products over its installed lifetime, gather data on performance metrics, and ensure that it is operating safely and optimally.

2030 PROJECTIONS:

Projections cannot be guaranteed.

Qnetic wants to halt climate change. By 2030 we will have avoided the release of 2 million tonnes of CO2 from legacy fossil fuel power, by accelerating renewables deployment.

To achieve the goal, Qnetic will become a multi-billion-dollar company by installing 2GWh of storage annually.

Qnetic is a company that respects its people, its partners, its customers and the environment.

Qnetic’s ambitions are planetary.

OUR TEAM:

Our 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, Qnetic will further strengthen our engineering expertise and hire professionals in market development and manufacturing.

HUGE, EXPONENTIAL MARKET:

Source: BloombergNEF Global Energy Storage Outlook 2021;

The energy storage market is doubling every three years. It is one of the hottest topics of today—and for the coming decades.

HUGE TRACTION FROM THE MARKET:

Several customer have already signed LOI and contract to acquire our product. in 2025 we will first install the first GEN1 prototypes in Massachusetts USA and the in Germany to demonstrate Qnetic capability to the 2 markets we want to address in priority. [to be improved]

OUR ROADMAP:

Our objective is to develop the technology and prove its superior performance and cost to lithium-ion. To do that, we have will build the GEN1 product first and deliver to our first customer in Massachusetts USA. [To be improved]

USE OF YOUR INVESTMENT:

Thanks for studying Qnetic’s value proposition.

If you have reached this point, you might be seriously considering an investment. Investing in an early-stage startup like Qnetic is high-risk/high-reward. If you are ready to take the risk, no matter how small your investment, it will enable Qnetic’s mission to save the planet. Buckle-up and join the ride !

QNETIC IS A RARE OPPORTUNITY:


OUR STORY:

Qnetic’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



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