In September 2025, Torus secured $200 million in funding from Magnetar Capital, one of the largest single investments in flywheel technology to date.
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Opportunities and potential directions for the future development of flywheel energy storage technologies.
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These startups have the potential to multiply, are in a good market position, or can introduce game-changing energy storage tech to the market in the next 2-3 years. This makes them a great option to
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Torus, based in South Salt Lake City, just raised $67 million in Series A funding to commercialize flywheel energy storage systems with 30-year lifespans, 50,000+ charge cycles, and
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With a projected expansion to roughly USD 671.0 million by 2035, the market reflects steady progress in delivering rapid-response, long-life storage solutions that complement broader
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With the completion of this project, China is expected to inspire the development of more flywheel storage systems worldwide, providing an efficient and eco-friendly solution to the growing
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The Utah-based startup is launching a hybrid system that connects the mechanical energy storage of advanced flywheel technology to the familiar chemistry of lithium-ion batteries.
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This project was to advance Amber Kinetics'' flywheel as a viable energy storage technology for California''s investor owned utilities. Several different criteria were addressed including design
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A project in China, claimed as the largest flywheel energy storage system in the world, has been connected to the grid. The first flywheel unit of the Dinglun Flywheel Energy Storage Power
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Beacon Power is developing a flywheel energy storage system that costs substantially less than existing flywheel technologies. Flywheels store the energy created by turning an internal rotor at high speeds
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