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Gravity Power, LLC, a spin-off of LaunchPoint Technologies, Inc., is developing a revolutionary grid-scale electricity storage system. The company’s new Gravity Power Module(GPM) exploits the established principles of pumped storage hydropower, but extends the technology in a new direction: Down.
LaunchPoint Technologies
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Our Technology

Gravity Power Energy Storage

Underground pumped storage
High efficiency (80%+)
No exhaust stack or emissions
Flexible siting
Very little land use

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Gravity Power signed an exclusive engagement with Whitehall & Company in New York (http://www.whitehallandcompany.com/) to raise its $25 million Series B Round financing.