Aage Stori

ReVolt Technology is developing a Zinc-Air battery technology that will transform the global market for stored energy solutions. ReVolt's technology performance attributes provide the highest-energy density (up to 3 times that of Lithium Ion), low-cost, safe and green. These attributes pose both a disruptive influence on the competitive landscape and significant step-change in performance for some consumer electronics, electric vehicles and grid-based alternative energy storage solutions. The company is an offshoot of one of the largest contract research institutes in Europe, SINTEF based in Norway. From a simple idea, they have grown rapidly to be regarded as a driving force in renewable clean energy technology, they have also secured millions of dollars of funding to invest in R&D. Since inception, they have established development teams in Germany and the United States, appointed an industry-respected management team, and gained numerous awards and industry recognition.

SINTEF Stiftelsen is a non-profit research foundation. They perform research in science, technology and health and social sciences in collaboration with the Norwegian University of Science. The foundation was founded on January 26, 1950 and is located in Trondheim, Norway.

Founded in 2004, ReVolt Technology AS is a spin-off of SINTEF, Norway, one of the largest contract research institutes in Europe. Today's mobile electronic devices are already loaded with applications and services that consume more energy than conventional battery technology can provide, whilst manufacturers, operators and content providers ramp up their technology and service offers to keep up with consumer demand. ReVolt's high-performance, rechargeable battery technology is a critical breakthrough for today's consumer electronics devices and for the hi-tech growth markets of tomorrow; it is a real solution to a very real problem, and the potential for business development is immeasurable. With strong financial investment from Northzone Ventures, RWE Innogy, Sinvent, Sofinnova Partners, TVM Capital, Verdane Capital and Viking Venture, Revolt Technology is well-positioned to industrialize its breakthrough technology and capture substantial market share. With long-term development in mind, ReVolt in October 2006 moved its operational HQ and R&D center to Staefa, Switzerland. ReVolt Technology will be a major provider in the worldwide market for rechargeable batteries for mobile devices and consumer electronics.