The developer, and manufacturer of Aqueous Hybrid Ion (AHI) batteries and systems is back in production.
Aquion Energy resumed operations this week after successfully emerging from Chapter 11 status. The investing company, a majority-American joint venture, is planning to rapidly rebuild strong technical, operations, and commercial teams.
With a refocused team, the new ownership plans on rapid revenue growth.
“We are confident with our committed business orders and aiming to build Aquion into a billion- dollar company in the upcoming years. We are only limited by our ability to ramp and scale our operations,” states Philip Juline CEO of the company.