Industry Value Chain
Cover and introductionp.1
IndustryOverviewp.5
IndustryNotable Eventsp.7
IndustryIndustry Value Chainp.21
IndustryFinancep.50
IndustryCostsp.68
IndustryCell & Pack Manufacturingp.83
IndustryApplicationsp.127
IndustryApplications: EVp.130
IndustryApplications: Stationary Energy Storagep.182
IndustryApplications: Data Centersp.233
IndustryApplications: Aviation, Drones, Spacep.243
IndustryApplications: Roboticsp.256
IndustryApplications: Otherp.264
IndustrySafetyp.266
IndustryCell Design and Materialsp.282
IndustryCell Design and Materials: Li-Ionp.297
IndustryCell Design and Materials: Lithium Sulfurp.360
IndustryCell Design and Materials: Solid-Statep.367
IndustryCell Design and Materials: Sodium-Ionp.387
IndustryCell Design and Materials: Alternative Chemistriesp.397
IndustrySupply Chain: Upstream and Midstreamp.419
IndustrySupply Chain: Recycling & Secondary Marketsp.439
IndustrySoftware / AIp.455
ChinaOverviewp.486
ChinaHistoryp.489
ChinaPolicy Landscapep.498
ChinaTalent & Ecosystem Maturityp.505
ChinaCapitalp.510
ChinaSupply Chainp.518
ChinaTechnology Innovationp.536
AcademiaOverviewp.552
AcademiaResearch Trendsp.555
AcademiaSeminal Literaturep.560
AcademiaFundamentalsp.571
AcademiaLithium-Ionp.575
AcademiaSolid State Batteriesp.594
AcademiaBattery Degradation and Performancep.605
AcademiaNew / Alternative Chemistriesp.618
AcademiaFast Charging & Extreme Fast Chargingp.630
AcademiaArtificial Intelligence and Machine Learningp.632
AcademiaBattery Management System (BMS)p.638
AcademiaRecyclingp.642
AcademiaBattery Safetyp.649
TalentOverviewp.653
TalentWorkforce Landscapep.657
TalentEmerging Trendsp.662
TalentPolicy & Immigrationp.668
TalentCompensation & Benefitsp.675
TalentIndustry Sentimentp.680
TalentSkills & Training Gapsp.687
TalentEducational Developmentp.692
TalentWorkforce Researchp.698
TalentAccess & Advancementp.702
PolicyNorth Americap.706
PolicyEuropep.724
PolicyAsiap.731
PolicyLegalp.737
CommunityConferencesp.755
PredictionsThe Next 12 Monthsp.760
Closing pagesp.762
Industry Value Chain
Page 44 of 768Directory profiles (1)
Organizations mentioned or cited on this 2025 report page. A historical mention does not establish current products, availability or endorsement.
Sources and links on page 44 (13)
Links embedded in the original report PDF, including citations and other references. These destinations have not been independently reviewed. Links open in a new tab.
- https://ambri.com/company/
- https://ldescouncil.com/a-decade-in-development-liquid-metal-batteries-by-ambri-may-soon-change-the-energy-storage-game/
- https://spectrum.ieee.org/liquid-metal-battery
- https://fortune.com/2015/09/11/liquid-metal-battery-layoffs/
- https://www.businesswire.com/news/home/20230808943870/en/Ambri-Achieves-UL-1973-Certification-for-Its-Next-Generation-Liquid-Metal-Battery-Cells
- https://www.businesswire.com/news/home/20220914005064/en/Ambri-Deploys-Liquid-Metal-Battery-System-for-Microsoft-Continuing-Progress-Toward-Commercialization
- https://www.datacenterdynamics.com/en/news/microsoft-installs-a-data-center-backup-system-based-on-ambris-high-temperature-liquid-metal-batteries/
- https://www.pv-magazine-india.com/2022/10/20/ambri-reliance-industries-sign-mou-on-liquid-metal-battery-pilot/
- https://www.businesswire.com/news/home/20230719607417/en/Ambri-Advances-Collaboration-with-Xcel-Energy-for-First-Utility-Deployment-of-Liquid-Metal-Battery-System
- https://www.prnewswire.com/news-releases/ambri-selected-by-earth--wire-for-300-mw-1-200-mwh-long-duration-energy-storage-project-in-south-africa-301573611.html
- https://www.latitudemedia.com/news/how-liquid-metal-battery-maker-ambri-ended-up-on-the-auction-block/
- https://www.businesswire.com/news/home/20240730239061/en/Ambri-Successfully-Completes-Sale-and-Emerges-from-Chapter-11
- https://www.ess-news.com/2024/08/02/liquid-metal-battery-storage-speciliast-ambri-emerges-from-restructuring/
Text on page 44
AMBRI: The Liquid Metal Battery Story Growing Pains Founded (2010): MIT spinoff by Sadoway, Bradwell & Ortiz. Goal: Safe, affordable electrical storage solution for grids Backers: Seed money from Bill Gates & Total S.A. and ARPA-E 1, 2
Tech: Liquid Metal Battery (molten metals + salt; calcium anode for low cost) Challenges2, 3, 4: Needed to invent its own manufacturing; 2015 seal failure caused delays & layoffs
Revamp
Financial Hurdles
Gates-backed leadership pivot → retire technology risk & commercialization push2
$300M Series F collapsed when the lead investor backed out11
Achieved UL 19735, secured antimony supply2, proved safe + 20-yr life
$50M bridge loan failed11 (Reliance declined its $8M share) Despite $1.7B11 in MOUs, funding gap killed scale-up
Restructuring (2025) July 31, 202412, 13: Assets sold via Section 363 to lender consortium (Gates Frontier, Paulson & Co., Fortistar) Ambri recapitalized12 with a stronger balance sheet
Major deals: Microsoft6,7, Reliance8, Xcel Energy9, Earth & Wire10
Nov 202311: Laid off ~2⁄3 of staff
Co-founder David Bradwell becomes CEO13
Scaling up11: 140,000 sq ft Milford facility ($18M retrofit)
May 6, 2024[11]: Filed Chapter 11 to exit plant lease (after raising $150M equity + $42M debt)
Company shifts13 to a lean, capital-efficient model
Source: [1] | [2] | [3] | [4] | [5] | [6] | [7] | [8] | [9] | [10] | [11] | [12] | [13]
Renewed focus13: scaled, low-cost, long-duration storage to meet strong demand
Extracted from the PDF; charts and images may read imperfectly.