Business View Magazine
7
Energy
Octob r – Business View
71
“We see the markets for
energy storage growing really,
really fast,” Hammell said. “I
think we’re going to reach the
production capacity of our
current spot by the end of this
year, if not halfway through
next year, so we’re going to
be looking at a couple new
buildings. And within the next
two or three years, I think we’ll
go up 10 times from where we
are now.”
aiming to sell its own wares in a newly-emerging
marketplace.
“We definitely did not want to be a contractor or
an R&D shop,” Hammell said.
“We were a technology company, but we really
focused on getting a commercial product out. It
took a lot longer than we probably thought it would,
so in the early days we self-funded our company by
doing a lot of contract work. But we always thought
of it as a means to an end.
“The philosophy was always to get to that end
point.”
