Energy Vault Energy Vault is the creator of renewable energy storage products that are transforming the world’s approach to long duration, utility-scale energy storage. | Ocean Power Technologies Ocean Power Technologies (OPT) is a company that provides offshore energy engineering and design services. | China Geo-Engineering China Geo-Engineering Corporation (CGC, 中国地质工程集团有限公司) is a company engaged in energy conservation and environmental protection. | |||
Founding Date | Founding Date 2016 | Founding Date 2017 | Founding Date 2006 | Founding Date 1984 | Founding Date 1982 |
Type | Type Private | Type Public | Type Private | Type Public | Type Subsidiary |
Tags | |||||
Locations | Locations Shdema, IL HQ | Locations Lugano, CH HQ | Locations Kraków, PL HQ | Locations Monroe Township, US HQ Richmond, US | Locations Beijing, CN HQ |
Employees | Employees 422% decrease | Employees 179 | Employees 5451% increase | Employees 4340% decrease | Employees 6752% increase |
Valuation ($) | Valuation ($) N/A | Valuation ($) 165.5 m | Valuation ($) N/A | Valuation ($) 14.8 m | Valuation ($) N/A |
Financial | |||||
Revenue (est.) | Revenue (est.) N/A | Revenue (est.) $341.5m (FY, 2023) | Revenue (est.) N/A | Revenue (est.) $5.5m (FY, 2024) | Revenue (est.) N/A |
Cost of goods | Cost of goods N/A | Cost of goods $324m (FY, 2023) | Cost of goods N/A | Cost of goods $2.7m (FY, 2024) | Cost of goods N/A |
Gross profit | Gross profit N/A | Gross profit $17.5m (FY, 2023) | Gross profit N/A | Gross profit $2.8m (FY, 2024) | Gross profit N/A |
Net income | Net income N/A | Net income ($98.4m) (FY, 2023) | Net income N/A | Net income ($27.5m) (FY, 2024) | Net income N/A |
Funding | |||||
Total funding raised | Total funding raised $ 13.6m | Total funding raised $ 110m | Total funding raised N/A | Total funding raised $ 65.6m | Total funding raised N/A |