After more than 8 years of dedicated development, the Zaero Texa (air cathode) has officially transitioned from research and development to commercial viability.
This incredible achievement allows ABOUND to consolidate our future cathode development within our
'We take immense pride in this achievement and eagerly anticipate witnessing the success and influence of Zaeras in shaping the future of Long Duration Energy Storage. As we pave the path in clean technology and energy storage innovation, I am pleased to announce that Mr. Robert Schwetzke has been appointed to ABOUND's Board of Directors. Based in
Mr. Robert Schwetzke has over two decades of multifaceted experience in engineering, project management, and business administration spanning various sectors including Mining, Ports & Terminals, Construction, and Technology development. Demonstrating a proven history of successfully overseeing intricate projects from conception to fruition and adeptness in international supply-chain management, Mr. Schwetzke, currently based in
'I am appreciative of the opportunity extended by the Board of Directors, to join their esteemed ranks and collaborate with the entire ABOUND team. Joining at this significant moment for ABOUND is genuinely exciting, and I eagerly look forward to working with such a professional and talented group,' expressed Mr. Robert Schwetzke.
ABOUND also welcomes Mr.
The Board of Directors has also appointed Mr.
About
ABOUND specializes in developing scalable, environmentally friendly, long-lasting energy technology. Our patented Zaeras long-duration energy storage technology, leveraging zinc-air chemistry, guarantees the storage and on-demand delivery of electricity without the limitations or environmental risks associated with current market leaders.
About ABOUND's Zaeras Technology
Zaeras is precision-engineered to meet future energy requirements, with a specific emphasis on simplifying long-duration energy storage. Harnessing the potential of its multi-patented Zaeras technology, ABOUND is poised to facilitate the seamless integration of green energy sources into the grid. This is achieved by minimizing curtailment, bridging the gap between supply and demand, and efficiently integrating green energy into the grid. ABOUND's strategic initiatives encompass opportunities for peak demand reduction, leveraging time-of-use arbitrage, participating in value stacking programs, and entering the distributed long-duration energy storage sector. These endeavors are aligned with our central objective of increasing the integration and resiliency of green energy, while stabilizing the grid.
Distinguished by its inherent safety-free from fire or explosion hazards-Zaeras guarantees sustained capacity over an extensive lifecycle. Simultaneously, it showcases versatility by independently managing charge and discharge operations. Comparable to other Flow Battery technologies, scaling up the energy capacity of Zaeras is as simple as increasing the size of the fuel tank; a cost-effective solution, from kWh to MWh. This is a welcome alternative to the fixed power-to-energy ratio constraints ingrained in traditional systems, such as Li-ion and Zinc Hybrid Batteries.
Contact:
CEO
Tel: +1 (672) 887-9688
Email: Investors@Abound.Energy
Notice Regarding Forward Looking Statements
This news release may contain certain 'forward looking statements.' Forward-looking statements involve known and unknown risks, uncertainties, assumptions, and other factors that may cause the actual results, performance, or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Any forward-looking statement speaks only as of the date of this news release and, except as may be required by applicable securities laws, the Company disclaims any intent or obligation to update any forward-looking statement, whether as a result of new information, future events, or results or otherwise.
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