Abound Energy Inc ZAIRF

Primary Symbol: C.ABND

Technology

Abound Energy Inc, formerly Zinc8 Energy Solutions Inc, specialize in providing energy storage solutions. The Company’s Zaeras Flow Battery technology uses zinc-air chemistry to store and deliver electricity on demand. It is utilizing its Zaeras technology, whether deployed independently or as a facilitative technology, presents opportunities for achieving peak demand reduction, capitalizing on time-of-use arbitrage, engaging in value stacking programs, and entering the distributed long-duration energy storage domain. Zaeras is distinctive in its inherent absence of fire or explosion hazards, sustained capacity preservation over its extensive lifecycle, and its versatility in independently managing charge and discharge operations. Zaeras energy storage capacity is solely dictated by the dimensions of the zinc storage tank. This characteristic yields a scalable solution, offering an alternative to the fixed power-to-energy ratio constraints associated with lithium-ion batteries.

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Abound Energy Inc > New Press Release - ABOUND Energy Debuts New Corporate Identity and Ticker Symbol: Culminating Strategic Management Transition and Future Growth Initiatives

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Comment by lscfaon Feb 04, 2024 3:38pm

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Post# 35862046

RE:New Press Release - ABOUND Energy Debuts New Corporate Identity and Ticker Symbol: Culminating Strategic Management Transition and Future Growth Initiatives

Sounds like JV's will lower Abound's opex costs as partners will pay for part of the manufacturing costs but Abound still needs to build a plant to build the units. How much is the capex for the plant?

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