Medford, MA – According to filings with the U.S. Securities and Exchange Commission, Electrified Thermal Solutions is raising $4,500,000.00 in new funding. Sources indicate as part of senior management Chief Executive Officer, Daniel Stack 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 Electrified Thermal Solutions
At ETS, we are working to decarbonize the hottest industries and processes by replacing fossil fuels with renewable heat. Our new technology, the Joule Hive, converts unreliable solar and wind energy into on-demand heat, stored at temperatures approaching 2000 degrees Celsius. The stored heat can be delivered to industrial furnaces, boilers, or power plants that the Joule Hive is co-located with, enabling a phase-out of fossil fuels across heavy industry by 2050. ETS has been awarded ARPA-E funding and an Activate fellowship for development of this technology.

To learn more about Electrified Thermal Solutions, visit http://www.electrifiedthermal.com/

Contact:
Daniel Stack, Chief Executive Officer
360-481-0255
daniel@electrifiedthermal.com
https://www.linkedin.com/in/daniel-stack-b4505631/

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