Cambridge, MA – According to filings with the U.S. Securities and Exchange Commission, Malta Inc. is raising $59,999,996.00 in new funding. Sources indicate as part of senior management President and Chief Executive Officer, Ramya Swaminathan played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.

About Malta Inc.

Malta’s Electro-Thermal Energy Storage System: A Better Way to Enable Cleaner Reliable Electricity on the Grid. When solar panels, wind turbines, and fossil plants are busy generating energy, storing that energy for later use has been a key pain point for grid operators worldwide. Malta’s solution mitigates wind and solar curtailment with improved matching of generation and demand, while at the same time removing the bottleneck in both distribution and transmission systems.

To learn more about Malta Inc., visit http://www.maltainc.com/

Contact:
Ramya Swaminathan, President and Chief Executive Officer
603-315-0618
ramya.swaminathan@maltainc.com
https://www.linkedin.com/in/ramya-swaminathan-6a52a8b/

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