Storage Drop Storage Technologies Ltd (STRG.TA) develops and commercializes innovative energy storage systems utilizing isothermal compressed air technology and liquid piston compression for renewable energy applications; its core products include HyDrop, an energy storage system for power generation paired with solar and wind facilities using underground high-pressure air vessels and water-driven turbines; CoolDrop, a cooling energy storage solution for HVAC, industrial refrigeration, data centers, factories, and mobile applications leveraging compressed refrigerant gases stored underground; and DropX, a high-efficiency hydraulic air compressor for industrial compressed air needs. Founded in 1998 and headquartered in Rehovot, Israel, the company operates primarily in the renewable energy storage sector, targeting solar and wind producers, grid arbitrage opportunities, and cooling-intensive industries with modular, low-maintenance systems boasting over 30-year lifespans, high round-trip efficiency, and reduced emissions through water and air-based processes. Formerly known as Medivie Therapeutic Ltd, it changed its name and focus to energy storage in August 2021 following a merger with a public shell company in July 2021; the firm originated from a 2020 split of SWAP Technologies and holds rights to commercialize a patented technology from a US Department of Energy laboratory while filing six additional patent applications for its proprietary hydraulic compression innovations.