LightSail Energy

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Type of site
Private
Founded2008; 18 years ago (2008)
Headquarters,
United States
Founder(s)Steve Crane, Danielle Fong
LightSail Energy
Type of site
Private
Founded2008; 18 years ago (2008)
Headquarters,
United States
Founder(s)Steve Crane, Danielle Fong
Key peopleSteve Crane, CEO
Danielle Fong, CSO
IndustryEnergy storage
URLwww.lightsail.com [dead link]

LightSail Energy (2008–2018) was an American compressed air energy storage technology startup.[1][2] The company shut down in 2018, failing to produce a product. [3][4] The unused tanks were sold away to natural gas companies in 2016. [5]

A method of spraying the air with water droplets was proposed by LightSail to increase the efficiency of compressed air tanks. [2] The company initially aimed to power an urban scooter. It later shifted its aim to fitting a compressed air-powered generator inside a standard shipping container.[6][7] In 2014, the company received funding from Nova Scotia for a wind turbine project. This project did not come to fruition, costing the province $2M Canadian dollars.[4][2] Starting in 2016, its remaining tanks were repurposed and sold off to the natural gas industry.[8]

Funding

References

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