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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

Chairman
Founder, CTO, and VP of R&D
Founder
President and CEO
CFO & VP of Finance and Admin
VP of Global Sales
VP of Operations
VP of Manufacturing
Show All People

Acquisitions

Hymotion, 5/08

Funding

Total$450M
Series A, 11/05
$32M
Series B, 2/06
$30M
Series C, 1/07
$40M
Series D, 10/07
Alliance Capital Ventures
Massachusetts Institute of Technology
North Bridge Venture Partners
Qualcomm
Sequoia Capital
Motorola
General Electric
Procter and Gamble
$30M
Series E, 4/09
General Electric
$69M
Grant, 8/09
U.S. Department of Energy
$249M

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

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

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Compete

A123systems

Sources

  1. VentureBeat (venturebeat.com) [edit]
  2. Battery Pumps Up Power Tools (redherring.com) [edit]
  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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Last Edited 11/16/09

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