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Nilar

52 employees

Swedish-based Nilar International AB develops and manufactures batteries that are part of stationary energy storage systems. With better energy storage, society can support the increasingly stressed electricity grid by bridging imbalances between energy production and demand, especially important as the share of renewable energy sources increases. Nilar's battery technology is based on nickel metal hydride (NiMH) electrochemistry with a water-based electrolyte, which provides both higher safety and better performance while allowing the components to be recycled and reused. Nilar has its headquarters in Täby and since 2012 all batteries have been developed and produced in the production facility in Gävle, which is powered by 100% renewable energy. The Nilar share is listed on the Nasdaq First North Premier Growth Market under the ticker NILAR. FNCA Sweden is Certified Adviser 08-528 00 399. For more information see www.nilar.com.

Basic info

Industry

Appliances, Electrical, and Electronics Manufacturing

Sectors

Appliances, Electrical, and Electronics Manufacturing

Date founded

2000

Funding rounds raised

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Nilar raised undisclosed on August 6, 2023

Investors: RE:Source

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