In 2007, with support from Carnegie Mellon University, Dr. Jay Whitacre began researching low-cost electrochemical approaches to bulk energy storage. Whitacre was looking for a way to create inexpensive and easy to manufacture batteries to meet the challenges of the world’s growing energy needs and increase the use of renewable power. In 2008 he produced the first functioning Aqueous Hybrid Ion (AHI) battery. The result was promising enough to attract the attention of VC firm Kleiner Perkins Caufield and Byers, and by 2009, the technology was developed enough to spin out of Carnegie Mellon’s labs. The operations moved from Carnegie Mellon to the Lawrenceville neighborhood of Pittsburgh, where Aquion is headquartered today.
Under the leadership of CEO Scott Pearson, Aquion began low volume production in the summer of 2011 and broke ground on full-scale manufacturing facility in nearby Mt. Pleasant, PA in 2012. Aquion has been shipping commercially since mid-2014.
Of all battery manufacturers, Aquion Energy is the only company that delivers batteries that combine safety, sustainability, performance, and affordability.