MBAK Energy Solutions Inc.
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- MBAK Energy Solutions Inc. engages in the development, manufacturing, and commercialization of non-fossil fuel energy products and battery technologies. It focuses on lithium, sodium, and solid-state battery cells; battery energy storage systems (BESS) for grid integration and backup power; and related manufacturing equipment and supply chain solutions for industrial, medical, portable electronics, and electric vehicle applications; it also designs and markets electric mobility products, including E-Taxi bikes, and provides engineering services, systems integration, and after-market support. The company operates through a global footprint with manufacturing and R&D activities tied to international facilities and partnerships, and targets customers across industrial, medical, mobility, data center, and utility sectors. MBAK Energy Solutions is headquartered in Wilmington, North Carolina, United States, and was founded in 2019 (rebranded from Alternet Systems, Inc. in 2025). It maintains active operations in North America, Europe, Africa, the Middle East, and Asia, including ongoing efforts to expand Indian market presence via local subsidiaries to streamline BESS integration and distribution. The latest major changes include the establishment of MBAK India Private Ltd. to manage BESS integration and fulfill a $65 million order book, along with continued signings of distribution and delivery commitments across multiple regions; the company also announces new strategic leadership and market expansions in early 2026. MBAK’s core product and service categories encompass battery cell development and manufacturing; solid-state and next-generation chemistries; BESS design, installation, and turnkey services; EV/mobility products including E-Taxi bikes; and comprehensive supply chain equipment and services for industrial, data center, and electronics applications, supported by global partnerships and multi-region sales channels.
MBAK Energy Solutions, Inc. (OTC:MBAK) partners with LETSATSI Power in Zambia's Copperbelt
CORRECTION – MBAK Energy Solutions, Inc.
MBAK Energy Solutions, Inc. (OTC:MBAK) begins deliveries worth over $290k Monthly to Europe, India and Zambia
MBAK Energy Solutions, Inc. (OTC:MBAK) Opens Indian Subsidiary to streamline BESS integration
MBAK Energy Solutions, Inc. (OTC:MBAK) Announces $500,000 Share Repurchase Plan
MBAK Energy Solutions, Inc. (OTC:MBAK) announces new Chief Product Designer
MBAK Energy Solutions, Inc. (OTC:MBAK) partners with Carbon Zero Mobility in Kenya and the University of Michigan on Charger Design
MBAK Energy Solutions, Inc. (OTC:MBAK) begins delivery to Indian Customers – part of $65 Million in 2026 Order fulfillment
MBAK Energy Solutions, Inc. begins trading under new OTC Ticker - OTC:MBAK