Moxion Power Co.

Based in the US, Moxion Power Co. specializes in producing mobile battery energy storage systems, providing eco-friendly solutions to replace traditional diesel generators in various industries. Moxion Power Co. offers innovative battery energy storage systems, with its headquarters located in Los Angeles, US.

Founded in 2015, the company has secured three significant funding rounds, with the latest being a Series B round on July 26, 2024, raising USD 89. 76 mn, led by Tamarack Global and supported by investors such as Amazon and Microsoft Climate Innovation Fund. CEO Pedro Arruda guides the firm towards its mission of sustainable energy solutions. Moxion Power specializes in providing mobile battery energy storage systems, with its flagship product being the MP-75.

This portable power solution generates 75kW of power and offers over 600kWh of energy capacity, designed to replace traditional diesel generators with zero-emission electric batteries. Moxion Power’s products are engineered for simplicity, allowing users to connect the MP-75 easily to trucks for on-the-go power. The firm's target markets include film production, construction, and utility industries, addressing the need for clean, quiet, and efficient power sources in environments that require temporary energy solutions. Customers include contractors and production studios, who benefit from sustainable energy alternatives that reduce harmful emissions and noise pollution.

Moxion Power's offerings are primarily deployed in the United States, focusing on regions heavily involved in entertainment and large-scale construction projects, such as California. Moxion Power generates revenue through direct sales and rental agreements for its portable battery systems, like the MP-75. This revenue model is structured around both business-to-business (B2B) transactions and partnerships with rental companies, enabling clients to access mobile power solutions as needed without the commitment of purchasing units outright. Billing typically occurs based on the duration of rental agreements or outright sales, allowing for flexible pricing tailored to the length of usage and specific project requirements.

The company may also engage in strategic partnerships with equipment rental firms, enhancing its distribution channels and market penetration. Moxion Power’s focus on sustainable technology positions it favorably in a growing market seeking environmentally friendly power alternatives, aligning with the increasing demand for clean energy solutions across various sectors. In August 2024, Moxion Power Co. discontinued its operations, making future growth plans irrelevant.

Before discontinuation, the company aimed to expand its product offerings and market reach, targeting new geographic regions and sectors. However, operational changes have halted these initiatives.