Iron-Air Battery System
Provider 
Founded 2017
Sells To Enterprise, Government
Pricing Model Enterprise Contract
Ownership Equity, Venture Capital

Iron-Air Battery System provides grid-scale, multi-day energy storage using reversible iron-air chemistry.
Iron-Air Battery System is a grid-scale energy storage product that uses reversible iron-air chemistry to store electricity for extended periods. It is designed to discharge power continuously over multiple days and support grids during prolonged gaps in renewable generation.
The battery system uses abundant materials and operates through the reversible conversion of iron and air. Form Energy manufactures the system for utility-scale projects that need long-duration capacity alongside wind and solar resources.
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| Attribute | Iron-Air Battery System | EVx Gravity Energy Storage System | Offshore Pumped Hydro Energy Storage | Tesla Megapack | Thermal Batteries | |
|---|---|---|---|---|---|---|
| Provider | ||||||
| Founded | 2017 | 2020 | 2018 | 2003 | 2017 | |
| Sells To | Enterprise, Government | Enterprise | Enterprise | Consumers | Enterprise | |
| Pricing Model | Enterprise Contract | Recurring | Direct Sales, Hardware Sales | Transactional | Recurring | |
| Ownership | Equity, Venture Capital | Public | Venture-backed private company | Public | Private Equity, Venture Capital |
Provider 
Founded 2017
Sells To Enterprise, Government
Pricing Model Enterprise Contract
Ownership Equity, Venture Capital
Provider Energy Vault Holdingsenergyvault.comPublic
Founded 2020
Sells To Enterprise
Pricing Model Recurring
Ownership Public
Provider 
Founded 2018
Sells To Enterprise
Pricing Model Direct Sales, Hardware Sales
Ownership Venture-backed private company
Provider 
Founded 2003
Sells To Consumers
Pricing Model Transactional
Ownership Public
Provider 
Founded 2017
Sells To Enterprise
Pricing Model Recurring
Ownership Private Equity, Venture Capital