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Beacon Power Corporation was founded in 1997, emerging as a spin-off from SatCon’s Energy Systems Division with a mission to develop cutting-edge flywheel-based energy storage technology. The company focused on innovating in the area of energy storage, particularly through the use of flywheels, which are devices that store energy in the form of rotational motion. Beacon Power’s early successes included the deployment of their first and second-generation flywheel systems in North America, where these systems were primarily used for telecommunications backup power applications. This technology offered a reliable and efficient means of ensuring uninterrupted power supply, addressing the critical need for dependable backup power in the telecommunications industry. Over time, Beacon Power's flywheel technology became a key component in energy storage solutions, highlighting the company's role as a pioneer in the field of advanced energy storage systems.
Biotechnology
Energy Conservation
Sustainability
Energy Management
Robert G Abboud
CEO
Operating since 1997
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