A research-developed pumped-storage energy concept from the University of Innsbruck that stores energy by moving a heavy water-filled piston in a cylindrical shaft. Demonstrated with lab and outdoor prototypes (up to 6 m, 42-ton weight); planned larger underground versions (20 m and up to 100 m).
Investment Rounds
Capital activity and funding progression
| Amount | Date | Round |
|---|---|---|
| not disclosed | Oct, 2025 | unspecified |
Industries
Frequently Asked Questions
What industries does Powertower operate in?
Powertower operates in the following industries: energy, energy storage, cleantech, research.
Who are the investors in Powertower?
The investors in Powertower are: FFG (Austrian Research Promotion Agency), Private investors (unnamed), Corporate partners (unnamed).