Levistor (Accelerator)

Company Description: Levistor is a private company formed to commercialize innovative kinetic energy storage technology for grid power boosting. Their goal is to build the only known, fail-safe flywheel with a simple, low-cost steel construction that can spin faster for greater energy storage, enabling ultra-rapid electric vehicle charging. Their inherently safe flywheels require little containment and no safety enclosures or bunkering that flywheels traditionally require to protect people and property in the event of a mechanical fault. This brings down the cost and makes flywheels a viable technology for supply bursts of energy, as in EV charging or regenerative braking. The patented laminated flywheel uses sheets of high-strength, low-cost steel to allow higher speeds, lower costs, and a structure that ensures a crack can never pass from one sheet to the next. They can thus achieve a high energy density, lower cost, and a safer flywheel than competitors.