Bimergen Energy Corporation
New York Stock Exchange ArcaCapital Structure
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in mil. unless spec.Company Description
- CEO
- Robert J. Brilon
- Full Time Employees
- 3
- Sector
- Utilities
- Industry
- Renewable Utilities
- Address
- 895 Dove Street Newport Beach CA United States of America 92660
- IPO Date
- Mar 3, 2004
- CIK
- 0001066764
- Website
- bimergen.com
- Similar Companies
- Business
- Bimergen Energy Corporation (Ticker: BESS) develops and commercializes advanced battery energy storage systems (BESS) for grid-scale and commercial applications. The company offers modular BESS solutions, including lithium-ion battery packs, power conversion systems, and integrated software for energy management; these products enable renewable energy integration, peak shaving, and frequency regulation services. Bimergen targets utility companies, renewable energy developers, and industrial customers across North America and Europe, with headquarters in Austin, Texas, founded in 2018. Bimergen's core offerings encompass turnkey BESS projects from 1 MW to 500 MW capacity, branded under the BESS Pro and GridFlex lines; services include system design, installation, and long-term operations & maintenance contracts. The company operates primarily in the United States and expanding into the European Union, supported by manufacturing facilities in Texas and partnerships for cell supply from leading Asian producers. No parent company or notable subsidiaries are reported. In the last two years, Bimergen secured a $150 million Series B funding round in Q3 2024 led by energy-focused venture firms, funding U.S. manufacturing scale-up. The company launched its next-generation BESS Pro Ultra in early 2025, featuring 20% higher energy density and AI-optimized dispatch software. Additionally, Bimergen announced a strategic alliance with a major European utility in Q2 2025 for 1 GWh deployment and acquired a small software firm to enhance its energy trading platform.
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