Aquion Energy
Aquion Energy manufactures proprietary Aqueous Hybrid Ion (AHI) sodium-ion battery systems for stationary energy storage, serving utilities, microgrid operators, and homeowners across the US, Australia, Puerto Rico, and the UK, with manufacturing based in Pennsylvania.
- Company typePrivate
- Founded2007
- HeadquartersPittsburgh, United States
- Headcount101–250
- GTM typeB2B
- OfferingHardware or Manufacturing
What Aquion Energy does
Aquion Energy, founded in 2007 by Dr. Jay Whitacre at Carnegie Mellon University and headquartered in Pittsburgh, Pennsylvania, manufactures proprietary Aqueous Hybrid Ion (AHI) batteries and modular energy storage systems for stationary applications including off-grid, microgrid, energy management, and grid-scale deployments. The company's core technology is a water-based electrolyte battery chemistry protected by over 30 patents, marketed as a safe, non-flammable, recyclable alternative to lithium-ion and lead-acid chemistries, with systems configurable from kilowatt-hours to megawatt-hours. A 500 MWh/year manufacturing facility was established in 2013-2014 at the former Sony television assembly plant in East Huntingdon, Pennsylvania, and commercial shipments commenced mid-2014 (100 units by May 2014).
The company's business model has two principal revenue streams. The original stream is direct and channel-based hardware sales to enterprise and utility customers — including off-grid, microgrid, and grid-scale operators — supported by installer/distributor partners providing field service and technical support, with named deployments in the US, Australia, Puerto Rico, and the UK (Eurotunnel). The second, more recent stream is a content-marketing and Amazon affiliate operation through the corporate website, which generates commission revenue on referred sales of consumer battery products. No pricing is publicly disclosed. The company is venture-backed (Kleiner Perkins Caufield & Byers and a syndicate including Shell Ventures and TotalEnergies Ventures), with cumulative disclosed funding of approximately $182M across 2008-2016. CEO Scott A. Pearson has led the business since March 2011; founder Jay Whitacre serves as Chief Scientist. Operating status remains active as of 2026, though no substantive commercial traction has been disclosed since 2016.
Aquion Energy firmographics
Firmographics- Name
- Aquion Energy
- Legal name
- Aquion Energy
- Website
- https://aquionenergy.com
- Company type
- Private
- Founded year
- 2007
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- Aquion Energy manufactures proprietary Aqueous Hybrid Ion (AHI) sodium-ion battery systems for stationary energy storage, serving utilities, microgrid operators, and homeowners across the US, Australia, Puerto Rico, and the UK, with manufacturing based in Pennsylvania.
- Ownership category
- akta.pro rank
Aquion Energy industry classification
Industry- Product category
- Stationary Battery Energy Storage
- NAICS
- Battery Manufacturing (33591)
- akta.pro primary industry
- Battery Cells (Li-ion, LFP, Sodium-ion, Lead-acid, NiMH) (IMAGAHAA)
- akta.pro secondary industry
- Battery Modules & Packs (Industrial/Commercial pack assembly) (IMAGAHAB)
Keywords
Where Aquion Energy is headquartered
LocationHeadquarters
- HQ city
- Pittsburgh
- HQ country
- United States
- HQ region
- North America
Offices2 records
Markets served
Aquion Energy business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Operations, Supply Chain, Personnel, Technology or R&D, Infrastructure, Marketing or Sales
Revenue model
- Battery Hardware Sales: Sale of proprietary Aqueous Hybrid Ion (AHI) batteries and battery systems for stationary energy storage applications including off-grid, microgrids, and grid-scale deployments.
- Affiliate Marketing: The company operates as an Amazon affiliate and earns commissions from sales of battery products through affiliate links on their website.
Go-to-market motion1 record
Distribution channels3 records
Marketing channels3 records
Aquion Energy product offering
Product offeringCore offering
Aquion Energy manufactures proprietary Aqueous Hybrid Ion (AHI™) batteries and modular battery systems optimized for stationary and long-duration daily cycling energy storage applications. The systems scale from kilowatt-hours to megawatt-hours and are deployed for off-grid, microgrid, energy management, and grid-scale uses. The company also offers application-specific battery lines (golf cart, marine, motorcycle, deep-cycle, solar light, AGM, solar battery storage, and portable solar panel solutions) primarily surfaced via content and affiliate channels.
Product overview
Aquion Energy manufactures proprietary Aqueous Hybrid Ion (AHI™) batteries and battery systems as its core product offering. The company produces modular energy storage systems that are scalable from kilowatt-hours to megawatt-hours, optimized for stationary and long duration daily cycling applications including off-grid, microgrids, energy management, and grid-scale energy storage. The product portfolio includes the core AHI battery technology paired with application-specific solutions such as golf cart batteries, motorcycle batteries, marine batteries, deep-cycle batteries, solar light batteries, AGM batteries, portable solar panels, solar battery chargers, solar battery storage, and solar battery banks. The AHI battery systems serve as the foundational technology enabling broad adoption of renewable energy while optimizing existing grid-tied generation assets.
Differentiator
Problem solved
Functional benefit
Products and services
- Aqueous Hybrid Ion (AHI) Battery Proprietary aqueous hybrid ion battery cell technology optimized for stationary and long-duration daily cycling energy storage applications including off-grid, microgrids, energy management, and grid-scale storage.
- AHI Battery Systems Modular energy storage systems assembled from AHI batteries, scalable from kilowatt-hours to megawatt-hours, designed for reliable and flexible stationary storage applications including off-grid, microgrids, and grid-scale storage.
- Golf Cart Batteries Battery solutions optimized for golf cart applications, providing reliable power for medium-distance travel at golf courses and country clubs.
- Motorcycle Batteries Battery replacements for motorcycles and big bikes designed for high-adrenaline adventures and various road conditions.
- Marine Batteries High-capacity marine batteries designed for boats and yachts, built to withstand marine environments and provide reliable power for sailing.
- Deep-Cycle Batteries Reliable energy source for devices requiring high-capacity battery banks, including off-grid homes and various deep-cycle applications.
- Solar Light Batteries Rechargeable batteries optimized for solar light applications for both outdoor and indoor adventures.
- AGM Batteries Absorbent Glass Mat lead-acid batteries providing excellent power outputs and long life spans for various applications.
- Portable Solar Panels Portable solar panel solutions for RVs and outdoor use, providing freedom in power generation while traveling.
- Solar Battery Chargers Battery chargers designed for solar-powered charging of electronic devices during outdoor exploration.
- Solar Battery Storage Solar battery solutions for homeowners to reduce carbon footprint and contribute to climate change mitigation through energy storage.
- Solar Battery Banks Portable solar battery banks with varying capacities for outdoor and emergency power needs, including ultrafast charging options.
Quantifiable outcome
- Batteries can be assembled into systems ranging from kilowatt-hours to megawatt-hours
- +1 more outcomes
Companies that use Aquion Energy
Customer profileNamed customers4 records
Segments2 records
Ideal customer profiles2 records
Aquion Energy technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature2 records
Aquion Energy partnerships and signals
Strategic signalScale indicators4 records
Recent moves8 records
Expansion highlights5 records
Aquion Energy competitors and assessment
Company assessmentDirect peers
- Eos Energy Enterprises: Eos produces zinc-based aqueous batteries for long-duration grid storage, directly competing with Aquion on the safety-and-low-cost-of-aqueous-chemistry thesis for utility-scale customers.
- ESS Inc. ESS Inc. manufactures iron-saltwater flow batteries for long-duration stationary storage — the closest direct competitor to Aquion's aqueous chemistry, targeting the same grid-scale and commercial customer base.
- Ambri: Ambri manufactures molten-antimony liquid-metal batteries for stationary storage. Like Aquion, it pursues non-lithium chemistries designed to reduce cost and fire risk for grid and microgrid customers.
- Form Energy: Form Energy develops iron-air batteries for multi-day stationary storage, positioning itself squarely in the long-duration grid storage segment that Aquion's AHI chemistry also targets.
Broad incumbents
- Fluence Energy: Fluence is a leading global grid-scale storage integrator and service provider, competing head-on with Aquion in microgrids and utility-scale deployments — though Fluence is a systems integrator rather than a cell manufacturer.
- Saft (TotalEnergies): Saft is an established industrial battery manufacturer (TotalEnergies-owned) with strong utility and grid storage credentials. It represents a deep-pocketed incumbent competing for the same stationary storage customers as Aquion.
- BYD Energy Storage: BYD supplies lithium iron phosphate batteries and integrated storage systems for residential, commercial, and utility customers — a much larger and vertically integrated incumbent in Aquion's served market.
- NGK Insulators (NAS batteries): NGK's sodium-sulfur (NAS) batteries are a long-standing commercial offering for grid-scale long-duration storage — overlapping with Aquion's stationary storage positioning and using a related sodium-based chemistry.
- Tesla Energy: Tesla's energy business (Powerwall, Megapack) dominates stationary lithium-ion storage at grid and residential scale. Overlaps with Aquion's grid-scale and homeowner storage ambitions, though Tesla's chemistry, scale, and certifications differ.
Emerging players
- Altris: Altris is a Swedish sodium-ion cell developer using Prussian-blue cathode chemistry for stationary storage applications. It is an emerging technology peer targeting the same long-duration, low-cost value proposition as Aquion.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks7 records
Key highlights6 records
Customer concentration
Aquion Energy social profiles
Digital presenceAquion Energy financial estimates
Financial estimateRevenue estimate
Valuation estimate
Aquion Energy leadership team
Management profileNumber of profiles
Profiles7 records
Aquion Energy funding detail
Funding detailFunding overview
Funding rounds8 records
Investors16 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Aquion Energy 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 Aquion Energy
What does Aquion Energy do?
Aquion Energy manufactures proprietary Aqueous Hybrid Ion (AHI™) batteries and modular battery systems optimized for stationary and long-duration daily cycling energy storage applications. The systems scale from kilowatt-hours to megawatt-hours and are deployed for off-grid, microgrid, energy management, and grid-scale uses. The company also offers application-specific battery lines (golf cart, marine, motorcycle, deep-cycle, solar light, AGM, solar battery storage, and portable solar panel solutions) primarily surfaced via content and affiliate channels.
Is Aquion Energy a public or private company?
Aquion Energy is a private company. It is classified as venture growth investor backed and is currently operating.
When was Aquion Energy founded?
Aquion Energy was founded in 2007. It employs 101 to 250 people.
Where is Aquion Energy based?
Aquion Energy is headquartered in Pittsburgh, United States, in the North America region.
How does Aquion Energy make money?
Two revenue lines are on record. Battery Hardware Sales are the primary driver. The others are affiliate Marketing.
Who are Aquion Energy's main competitors?
Direct peers on record are Eos Energy Enterprises, ESS Inc., Ambri and Form Energy. Broad incumbents are Fluence Energy, Saft (TotalEnergies), BYD Energy Storage, NGK Insulators (NAS batteries) and Tesla Energy. Altris is listed as an emerging player.
Does Aquion Energy have an API?
No public API is recorded for Aquion Energy.
What industry is Aquion Energy in?
Aquion Energy's product category is Stationary Battery Energy Storage. Its primary akta.pro industry code is IMAGAHAA, Battery Cells (Li-ion, LFP, Sodium-ion, Lead-acid, NiMH), with a secondary code of IMAGAHAB, Battery Modules & Packs (Industrial/Commercial pack assembly). Its NAICS code is 33591.