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Energy · Long-duration storage

The 100-year-old technology that could outlast the lithium battery

Lithium-ion built the first wave of grid storage. A US engineering team is betting the next wave runs on a carbon fiber rotor spinning in a vacuum.

By the Qnetic team · Brooklyn, NY

A rendering of Qnetic flywheel storage units deployed across a field
A rendering of Qnetic units deployed in the field. Source: Qnetic.

The grid has a storage problem, and it’s getting more expensive to ignore. Solar and wind are now the cheapest new power on most of the planet, and the International Energy Agency expects renewables to account for roughly 90% of new capacity added this decade.1 None of that helps at night, or when the wind drops, unless the energy can be held and handed back on demand.

For more than a decade the default answer has been the lithium-ion battery. It’s a fine answer for a phone or a car. On the grid the cracks show. Lithium cells start losing capacity the day they’re switched on. They carry a real risk of thermal runaway, and the supply chains behind them run largely through China, a concentration the IEA has flagged as a supply-security risk.2

A very old idea, re-engineered

That gap is where Qnetic comes in. The company, which assembles its hardware in the United States, has spent the last few years reviving an idea older than the chemical battery itself, the flywheel. Store energy as motion, in a heavy rotor turning at high speed, then pull it back out as electricity when the grid asks for it.

A large spoked cast-iron flywheel in a steam-era powerhouse, with two workers beside it for scale
Flywheels have stored energy as motion since the age of steam. Qnetic’s changes are scale and duration.

Flywheels carry a reputation for short, sharp bursts of power measured in seconds or minutes, the kind used to steady frequency on a grid. Qnetic’s design does the opposite job. Its rotor turns inside a vacuum chamber on friction-free magnetic bearings, which lets one unit hold around a megawatt-hour and discharge over four to twelve hours instead of seconds. Target self-discharge is about half a percent per hour.

Qnetic unit, by the numbers
1 MWh
Capacity
250kW
Power
4-12 hrs
Discharge
>85%
Round-Trip Efficiency

The scale is what surprises people. Most flywheels in service store tens of kilowatt-hours. Qnetic’s unit is one to two orders of magnitude larger, which is what moves it out of the frequency-smoothing niche and into long-duration storage.

How it stacks up against lithium-ion

Set side by side with a lithium-ion system, the engineering trade-offs look like this:

Qnetic flywheelLithium-ion
LifespanDesigned for 30 years with no capacity fadeDegrades from day one
Cycles per dayAs many as needed1, to preserve lifespan
Fire riskNoneSpontaneous combustion risk
Supply chainUS-assembled; no lithium or cobaltChina-controlled
Lifetime costProjected ~2× lower per MWh (company estimate)Higher projected lifetime cost
Climate rangeDesigned for desert heat to Arctic coldLow efficiency in cold or hot weather

Qnetic figures are design targets. The full-size unit is not yet in commercial operation; a quarter-scale prototype is running today.

Who has put their name to it

Engineering claims are easy to make and hard to check, so the more telling signal is who has signed up. Qnetic says it’s gathered more than $110 million in letters of intent from eight customers across three countries. The largest is a major independent power producer that Qnetic says has indicated it would take 800 units. Those letters are non-binding, and there is no guarantee they convert into firm orders.

The validation doesn’t stop at the order book. Qnetic has a working quarter-scale prototype, Vega, already built and turning, and it points to a stack of outside checks on the engineering.

Some of that checking is being done by the utilities and research bodies that would actually run the technology.

SMUDTechnical Partner
EPRIIndependent validation
Xcel EnergyIndependent validation
Major IPPTechnical Partner

That validation gets put to the test in 2027, when Qnetic plans its first two utility-scale pilots, each under independent watch from EPRI and the National Lab of the Rockies (formerly NREL).

Pilot 01 · Q1 2027

SMUD

Sacramento Municipal Utility District. Two beta units on a live utility grid.

Pilot 02 · Q2 2027

National Lab of the Rockies

Hosted at the lab's ARIES campus in Boulder, CO (the lab was formerly NREL), a facility able to replicate virtually any energy-storage use case.

These pilots are planned and forward-looking; timing and scope may change.

The approach has drawn outside attention too. Undecided with Matt Ferrell, an engineering channel with a large clean-energy audience, built a feature on the comeback of mechanical storage that featured Qnetic’s design.

How This Mechanical Battery is Making a Comeback” · Undecided with Matt Ferrell

Press coverage

Yahoo Financepv magazineSolar BuilderRenewables NowBatteries NewsPulse 2.0Business Journals

Kingscrowd, a data-driven research firm that covers the private market, rated the company 4.7 out of 5. On the backing side, Qnetic came up through SOSV’s HAX hard-tech accelerator, and counts Kingscrowd Capital and D3VC among its supporters. D3VC is the fund of Sherwood Neiss, who co-authored the crowdfunding framework that became the foundation of the JOBS Act rules.3

The people behind the rotor

Behind the hardware is a team that has spent careers in rotating machinery and large industrial businesses.

Michael Pratt

Michael Pratt

Co-founder / CEO

Award-winning product design specialist—16 years' experience in leading product development consultancy IDC in London and Shanghai. Inventor on several patents and has track record of successful, innovative and award-winning products. Was the founding General Manager and Technical Director of the China business for IDC, leading delivery of exceptional results for clients across diverse product types.

IDC logo
Loïc Bastard

Loïc Bastard

Co-founder / CTO

Former Head of Department at wind turbine manufacturer Envision Energy and 10-year veteran of Siemens. Expert in designing and analyzing complex rotating systems with 18 years experience across jet engines, gas turbines and wind turbines. Specializes in vibrations, rotor dynamics, and FEA.

Envision logoSiemens logo
Malcolm Mathews

Malcolm Mathews

COO

Global business executive with 30 years of leadership across industrial, technology, and services sectors, including roles as APAC CFO at Johnson Controls, Stanley Black & Decker, and Carrier. He has overseen multi-billion-dollar portfolios, major restructurings, and growth initiatives across Asia-Pacific.

Johnson Controls logoUnited Technologies logo
Hugh McDermott

Hugh McDermott

Chief Commercial Officer

Started in energy storage in 2009. Spent four years at Better Place raising $250M. Joined ESS in 2017, helping commercialize flow batteries. He's seen the storage market evolve firsthand.

ESS Inc. logoSilver Spring Networks logo
Gene Hunt

Gene Hunt

Director, Public Relations

Deployed 40MW of flywheel systems at Beacon Power between 2007 and 2011. Decades of hands-on experience with the exact technology Qnetic is scaling.

What the company plans next

The first step is already behind it. Qnetic is fitting out a Sacramento factory for low-volume manufacturing of the Q500, its first full-scale product,4 and says the build of its first serial product prototype is complete. The road ahead is a plan, not a promise. By Qnetic’s own timeline, it intends to:

  1. 2026First serial product prototype build and test
  2. 2027Customer pilot deployments and validation testing. Full-scale U.S. production ramp-up.
  3. 2028-2029First commercial installations with utilities and energy developers. Expansion to 80+ public power authorities and large-scale deployments.
  4. 2030Run-rate of 3,500+ units deployed annually, international expansion into Europe and Asia.

These are forward-looking plans based on the company’s current expectations and may change. They are not guarantees of future results.

QneticThe offering

Qnetic is conducting an offering of securities under Section 4(a)(6) of the Securities Act (Regulation Crowdfunding). The offering is conducted through DealMaker Securities LLC, a registered broker-dealer and member of FINRA/SIPC, acting as broker of record.

View the offering and risks on DealMaker

Qnetic Corp is offering securities under Regulation Crowdfunding (Section 4(a)(6) of the Securities Act) through DealMaker Securities LLC, a registered broker-dealer and member of FINRA/SIPC. The securities are not registered with the SEC and no regulator has approved them or passed on the accuracy of these materials. Investing in early-stage companies is highly speculative and involves risk of total loss; shares are illiquid and resale is restricted for one year. Non-accredited investors are subject to investment limits based on income or net worth. This page contains forward-looking statements (plans, targets, and projections, including design-life and cost estimates and the deployment roadmap) that involve significant risks and uncertainties; actual results may differ materially. Complete offering terms, the Form C, and the Risk Factors are available on the DealMaker offering page. Only invest what you can afford to lose.