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PublicNASDAQ:AONE
Date9/09
Valuation$380M

General Information

Websitea123systems.com
Bloga123systems.ru
CategoryCleanTech
Employees
DescriptionBattery Maker

Offices

Watertown, USA
321 Arsenal Street
Watertown, MA, 02472
USA

People

President and CEO
VP of Manufacturing
Founder
Show All People

Acquisitions

Hymotion, 5/08

Funding

Tags

cleantech, batteries

A123 Systems

Based on new, highly active nanoscale material initially developed at MIT, A123Systems’ low impedance Nanophosphate electrode technology provides a competitive advantage over alternative high power technologies.

A123’s cell and electrode designs lower cost/watt and cost/watt-hour. They have higher voltage than other long-life systems, enabling lower pack cost. Their long life leads to reduced lifecycle and system costs resulting in greater overall price-performance .

Competitors include Valence, Saft and Lion Cells.

Milestones

  • Went public with stock symbol NASDAQ:AONE. (9/24/09)
    Posted 9/24/09 at 4:23pm
  • Received $249M in Grant funding. (8/5/09)
    Posted 8/5/09 at 9:57am
  • Received $69M in Series E funding. (4/13/09)
    Posted 4/13/09 at 1:07pm
  • Acquired Hymotion. (5/1/08)
    Posted 5/21/08 at 9:29am
  • Received $30M in Series D funding. (10/1/07)
    Posted 12/22/07 at 1:00am
  • Received $40M in Series C funding. (1/1/07)
    Posted 12/22/07 at 1:01am
  • Received $30M in Series B funding. (2/1/06)
    Posted 12/22/07 at 1:03am
  • Yet-Ming Chiang, Founder added.
    Posted 12/22/07 at 12:37am
  • Ric Fulop, Founder and VP of Business Development added.
    Posted 12/22/07 at 12:38am
  • Louis Golato, VP of Operations added.
    Posted 12/22/07 at 12:38am
  • Grace Chang, VP of Manufacturing added.
    Posted 12/22/07 at 12:37am
  • David Vieau, President and CEO added.
    Posted 12/22/07 at 12:36am
  • Eric Pyenson, VP and General Counsel added.
    Posted 12/22/07 at 12:38am
  • Bart Riley, Founder, CTO, and VP of R&D added.
    Posted 12/22/07 at 12:39am
  • Michael Rubino, CFO & VP of Finance and Admin added.
    Posted 12/22/07 at 12:39am
  • Received $32M in Series A funding.
    Posted 12/22/07 at 1:07am
  • Evan Sanders, VP of Global Sales added.
    Posted 12/22/07 at 12:39am
  • Tao Zheng, President of A123 China added.
    Posted 12/22/07 at 12:40am
  • Michael Moritz, Board Member added.
    Posted 5/19/08 at 12:42pm
  • Raghu Koppal, Chairman added.
    Posted 8/19/08 at 6:23am

Videos

Screenshots

Products

Battery Cells

Websitea123systems.com/#/products/p1
Tags cleantech
A123 Systems screenshot
Above: Battery Cells Screenshot -- #1
Uploaded: 2/5/08

Stock Price

Traffic Analytics

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Compete

A123systems

Sources

  1. VentureBeat (venturebeat.com) [edit]
  2. Citation Needed [add]
  3. allbusiness.com [edit]
  4. venturebeat.com [edit]
  5. mitsloanblog.typepad.com [edit]
  6. A123 Raises Another $69 Million (pehub.com) [edit]
  7. Battery Grant Winners!: A123Systems Rakes In $249M (earth2tech.com) [edit]

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