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Enabling the clean energy transition through long duration thermal energy storage

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Ramya Swaminathan

CEO at Malta

More about Ramya »
Employees 21–50
Headquarters Cambridge, Massachusetts, United States
Malta is on the leading edge of long-term battery storage. They are building a new type of electro-thermal energy storage system that can collect and store energy from any source (i.e. wind, sun, or fossil fuels), in any location and for long durations, and dispatch it as electricity on demand. The concept was invented by Stanford professor, Robert Laughlin, based on well-established principles in thermodynamics for a system that stores energy as heat (in molten salt) and as cold (in a chilled liquid). The project was later refined and incubated at Google X and spun out in 2018. 

Notable Achievements

  • Raised more than $85 mm from financial and strategic investors
  • Created partnerships with world-class companies on both product development and commercial sides
  • Won US DOE and EU grants for various initiatives

Currently Operating in Four Regions

Press Mentions

July 4, 2024

BBVA and Malta Inc. sign agreement to advance collaboration on energy storage project in Iberia

Read on WebWire »

June 26, 2024

Malta Inc. and BBVA Sign Agreement to Advance Collaboration on Energy Storage Project in Iberia

Read on Valdosta Daily Times »

March 5, 2024

America's Top GreenTech Companies 2024

Read on Time »

May 7, 2023

Malta Continues 2023 Expansion with Addition of Renewable Energy and Storage Solutions Veteran Ralf Wiesenberg as EVP of Global Business Development

Read on Yahoo Finance »

November 15, 2022

Malta Inc. and University of New Brunswick Off-site Construction Research Centre Awarded Grant to Study Modularization of Malta Energy Storage System

Read on businesswire »

September 5, 2022

Pumped heat energy storage seeks to demonstrate commercial readiness

Read on pv magazine International »

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