Electrified Thermal Solutions
Electrified Thermal Solutions replace fossil fuels with renewable heat in every furnace, turbine, boiler and kiln to decarbonize industry.
- Company typePrivate
- Founded2021
- HeadquartersMedford, United States
- Headcount11–50
- GTM typeB2B
- OfferingHardware or Manufacturing
What Electrified Thermal Solutions does
Electrified Thermal Solutions replace fossil fuels with renewable heat in every furnace, turbine, boiler, and kiln to decarbonize industry. Electrified Thermal Solutions started at MIT in the noisy laboratory basement of the Department of Nuclear Science and Engineering. The goal was simple: start an energy revolution. Founded in 2021, the company is based in Medford, Massachusetts.
Electrified Thermal Solutions firmographics
Firmographics- Name
- Electrified Thermal Solutions
- Legal name
- Electrified Thermal Solutions, Inc.
- Website
- https://www.electrifiedthermal.com/
- Company type
- Private
- Founded year
- 2021
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Electrified Thermal Solutions replace fossil fuels with renewable heat in every furnace, turbine, boiler and kiln to decarbonize industry.
- Ownership category
- akta.pro rank
Electrified Thermal Solutions industry classification
Industry- Product category
- Industrial Thermal Energy Storage
- NAICS
- Industrial Process Furnace and Oven Manufacturing (333994), Power Boiler and Heat Exchanger Manufacturing (33241)
- SIC
- Industrial Process Furnaces & Ovens (3567), Air-Cond & Warm Air Heatg Equip & Comm & Indl Refrig Equip (3585)
- akta.pro primary industry
- High-Temperature Process Heat Electrification (E-Boilers, E-Furnaces, Induction, Plasma) (EUABAJAA)
- akta.pro secondary industries
- Boilers, Furnaces & Process Heating Equipment (IMAHAKAD), Heat Transfer Equipment (Heat Exchangers, Boilers, Condensers) (IMAHAEAC), Industrial Process Heat TES (Steam, Kilns, Furnaces, Waste-Heat Coupling) (EUAFANAI)
Keywords
Where Electrified Thermal Solutions is headquartered
LocationHeadquarters
- HQ city
- Medford
- HQ country
- United States
- HQ region
- North America
Offices3 records
Markets served
Electrified Thermal Solutions business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Technology or R&D, Supply Chain, Operations, Personnel, Marketing or Sales
Revenue model
- Joule Hive Thermal Battery System Sales: Sale of thermal battery systems (hardware) to industrial customers for deployment in their facilities. Systems are sold as modular units that can be scaled by adding modules. Revenue derived from system sales, installation, and ongoing service contracts. First commercial units expected to begin rolling out by late 2026/early 2027.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Multi-year contract | Enterprise project-based pricing |
Go-to-market motion2 records
Distribution channels1 record
Marketing channels6 records
Electrified Thermal Solutions product offering
Product offeringCore offering
Electrified Thermal Solutions manufactures and sells the Joule Hive Thermal Battery, an industrial-scale thermal energy storage system that uses proprietary electrically conductive firebricks (E-Bricks) to convert off-peak electricity into high-temperature heat (up to 1,800°C) and deliver it on demand to furnaces, boilers, and kilns. The system is sold as modular capital equipment (1–200 MW scalable) to global heavy industrial enterprises—cement, steel, chemicals, mining, and glass—to replace fossil fuel-fired process heat with zero-carbon electric heat at costs below natural gas.
Product overview
Electrified Thermal Solutions offers a single unified product: the Joule Hive™ Thermal Battery, which uses proprietary electrically conductive E-Bricks as the core technology component. The system converts off-peak electricity into stored thermal energy at temperatures up to 1,800°C, delivering zero-carbon industrial heat on demand to replace fossil fuels in cement, steel, chemicals, glass, mining, and other energy-intensive industries. The Joule Hive integrates directly with existing industrial infrastructure and electrical grids, providing cost-competitive alternative to natural gas.
Differentiator
Problem solved
Functional benefit
Brands
- Joule Hive: The company's flagship thermal battery product that converts and stores electricity as heat in electrically conductive firebricks for industrial applications.
- E-Brick
Products and services
- Joule Hive Thermal Battery A modular thermal energy storage system that converts off-peak electricity into high-temperature heat (up to 1,800°C) stored in electrically conductive firebricks, then delivers zero-carbon industrial heat on demand to furnaces, boilers, and kilns at temperatures competitive with natural gas. Scalable from 1 MW to 200 MW thermal output with >98% round-trip efficiency. Sold as capital equipment installations to global heavy industrial enterprises (cement, steel, chemicals, mining, glass) and adapted for utility grid storage applications.
- E-Bricks (Electrically Conductive Firebricks) Proprietary, patented (developed over 10+ years at MIT) electrically and thermally conductive 100% oxide-based firebricks that joule-heat to 1,800°C in ambient air without oxidation. Serve simultaneously as heating element, thermal storage medium, and heat exchanger in the Joule Hive Thermal Battery with projected 20-30 year lifespan. Manufactured by HWI/Calderys under strategic partnership and in-house at the Boston production facility.
Quantifiable outcome
- Reduces industrial heating costs by 15–30% compared to conventional heating
- +6 more outcomes
Companies that use Electrified Thermal Solutions
Customer profileNamed customers6 records
Segments3 records
Ideal customer profiles3 records
Electrified Thermal Solutions technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature6 records
Electrified Thermal Solutions partnerships and signals
Strategic signalPartnerships
13 partnerships are on record, tiered minor and core.
- DNVminorIndependent engineering firm that validated the 20-year useful life of core Joule Hive materials (electrically conductive firebrick, refractory structure, and metal electrode interface), providing third-party technical credibility for customers and financiers.
- HarbisonWalker International (HWI) / CalderyscoreStrategic manufacturing partnership for E-Brick production. HWI, a member of Calderys and one of the largest refractory suppliers in the US with 160 years of expertise, manufactures Electrified Thermal's proprietary electrically conductive firebricks. The partnership establishes a scalable U.S.-based supply chain for E-Bricks alongside ETS's own Boston facility.
- Ørsted & Newlab — Future Energy Storage StudiominorSelected as one of five startups in the inaugural Future Energy Storage Studio by Ørsted and Newlab. Program supports scaling novel energy storage solutions for long-duration applications and industrial heat decarbonization through innovation, pilots, and public funding access.
- U.S. Department of Energy (DOE)coreDOE selected ETS for over $40M in funding including: $5M from Industrial Efficiency and Decarbonization Office, $35M from Office of Clean Energy Demonstrations, and ARPA-E SEED + Technology-to-Market Plus Up awards. DOE funding supports building and operating the first commercial-scale pilot at SwRI and customer-sited deployments.
- Southwest Research Institute (SwRI)coreSwRI serves as the host site for the first commercial-scale Joule Hive Thermal Battery (20 MWh) in San Antonio, Texas. SwRI provides world-class industrial demonstration facilities and engineering support.
- EPRIminorElectric Power Research Institute leads lifecycle cost and techno-economic analyses for the DOE-funded project, providing third-party verification and identifying deployment sites.
- 3MminorPilot project partner exploring integration of the Joule Hive thermal battery into 3M's manufacturing operations under the DOE-funded program.
- Buzzi Unicem USAcorePilot project partner and customer for Joule Hive deployment in cement production. Buzzi Unicem CEO stated the Joule Hive is the first industrial heat decarbonization solution that could enable complete elimination of fossil fuels in their heating processes.
- Amy’s KitchenminorPilot project partner exploring Joule Hive deployment for industrial heat decarbonization in food production under the DOE-funded program.
- Tennessee Valley Authority (TVA)minorElectric utility serving as an advisor in the DOE-funded pilot project consortium, providing operational perspective on grid integration.
- EntergyminorElectric utility serving as an advisor in the DOE-funded pilot project consortium.
- NovelisminorAluminum company serving as an advisor in the DOE-funded pilot project consortium.
- ImerysminorMinerals company serving as an advisor in the DOE-funded pilot project consortium.
Scale indicators9 records
Recent moves6 records
Expansion highlights5 records
Electrified Thermal Solutions competitors and assessment
Company assessmentDirect peers
- Antora Energy: California-based startup that builds thermal batteries using carbon blocks to deliver industrial-scale heat and electricity. Direct competitor in the electrified industrial heat space, targeting similar decarbonization use cases in food, chemicals, and manufacturing.
- Rondo Energy: Industrial heat battery company using solid media storage to deliver high-temperature process heat replacing fossil fuels. Most direct head-to-head competitor in the high-temperature industrial heat storage category.
- Brenmiller Energy: Israeli-based thermal energy storage provider serving industrial and utility customers with bGen™ thermal storage systems. Competes in the same industrial heat decarbonization market with similar target customers.
- EnergyNest: Norwegian thermal energy storage company using modular concrete-based heat storage for industrial and district heating applications. Comparable business model and target customers in industrial process heat decarbonization.
- Kraftblock: German-based provider of high-temperature thermal storage using recycled steel slag as storage medium. Targets industrial decarbonization and waste heat recovery at temperatures comparable to ETS's range.
- 1414 Degrees: Australian molten-salt thermal energy storage company developing long-duration storage for industrial and renewable applications. Competes in the long-duration thermal storage category for industrial decarbonization.
Emerging players
- Highview Power: UK-based long-duration energy storage company using liquid air technology. Serves grid-scale storage and industrial heat applications, with partial overlap in the industrial decarbonization value chain.
- Caldera Heat Batteries: UK-based startup developing thermal storage solutions for industrial heat decarbonization. Emerging competitor focused on cost-effective electrified heat for industrial processes.
Others
- HarbisonWalker International (Calderys): One of the largest refractory manufacturers globally and ETS's E-Brick manufacturing partner. Indirectly comparable as a key supplier of thermal materials to industrial customers and a potential competitive IP holder in high-temperature materials.
Broad incumbents
- Siemens Energy: Global industrial conglomerate with significant presence in industrial heating, electrification, and hydrogen. A broad incumbent in the decarbonization space and a potential competitor or partner for large-scale industrial customers.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Electrified Thermal Solutions social profiles
Digital presenceElectrified Thermal Solutions financial estimates
Financial estimateRevenue estimate
Valuation estimate
Electrified Thermal Solutions leadership team
Management profileNumber of profiles
Profiles5 records
Electrified Thermal Solutions funding detail
Funding detailFunding overview
Funding rounds6 records
Investors12 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Electrified Thermal Solutions M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Electrified Thermal Solutions
What does Electrified Thermal Solutions do?
Electrified Thermal Solutions manufactures and sells the Joule Hive Thermal Battery, an industrial-scale thermal energy storage system that uses proprietary electrically conductive firebricks (E-Bricks) to convert off-peak electricity into high-temperature heat (up to 1,800°C) and deliver it on demand to furnaces, boilers, and kilns. The system is sold as modular capital equipment (1–200 MW scalable) to global heavy industrial enterprises—cement, steel, chemicals, mining, and glass—to replace fossil fuel-fired process heat with zero-carbon electric heat at costs below natural gas.
Is Electrified Thermal Solutions a public or private company?
Electrified Thermal Solutions is a private company. It is classified as venture growth investor backed and is currently operating.
When was Electrified Thermal Solutions founded?
Electrified Thermal Solutions was founded in 2021. It employs 11 to 50 people.
Where is Electrified Thermal Solutions based?
Electrified Thermal Solutions is headquartered in Medford, United States, in the North America region.
How does Electrified Thermal Solutions make money?
One revenue line is on record: joule Hive Thermal Battery System Sales.
Who are Electrified Thermal Solutions's main competitors?
Direct peers on record are Antora Energy, Rondo Energy, Brenmiller Energy, EnergyNest, Kraftblock and 1414 Degrees. Emerging players are Highview Power and Caldera Heat Batteries. HarbisonWalker International (Calderys) is listed as an others. Siemens Energy is listed as a broad incumbent.
Does Electrified Thermal Solutions have an API?
No public API is recorded for Electrified Thermal Solutions.
What industry is Electrified Thermal Solutions in?
Electrified Thermal Solutions's product category is Industrial Thermal Energy Storage. Its primary akta.pro industry code is EUABAJAA, High-Temperature Process Heat Electrification (E-Boilers, E-Furnaces, Induction, Plasma), with a secondary code of IMAHAKAD, Boilers, Furnaces & Process Heating Equipment. Its NAICS code is 333994 and its SIC code is 3567.