Coeur D’alene, ID – According to filings with the U.S. Securities and Exchange Commission, KORE Power is raising $150,000,000.00 in new funding. Sources indicate as part of senior management Chief Financial Officer, Alexander Nickolatos 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 KORE Power
Headquartered in Coeur dAlene, Idaho, KORE Power is a leading US-based supplier of battery cell technology for renewable energy applications. Our cutting-edge Tier 1 battery cell technology and energy storage solutions serve e-mobility (EV), utility, industrial, and other mission-critical markets around the globe. KORE designs and manufactures proprietary NMC and LFP battery cells, Energy Storage Systems (ESS), VDA modules and packs, optimized by advanced tri-level Battery Management System (BMS) architecture. Our differentiated approach provides customers with direct access to superior technology and unparalleled service in the renewable energy space. Were passionate about building resilient, sustainable communities, clean energy jobs, and green economic expansion. KORE is proud to offer functional decarbonization solutions that fulfill the growing market demand for a zero-carbon future.

To learn more about KORE Power, visit http://www.korepower.com/

Contact:
Alexander Nickolatos, Chief Financial Officer
208-758-9391

SOURCE: http://www.intelligence360.io
Copyright (c) 2022 SI360 Inc. All rights reserved