Solus Power secures funding

Solus Power, a UK battery innovator and pioneer of portable electric vehicle charging solutions, has received financial backing from US investment firm Marbanc International to expedite the development of its technology to market.

Supporting the global shift to electrification and solving a key challenge faced by EV owners, transport and fleet operators of finding readily available charging infrastructure, Solus Power has created a range of innovative mobile charging technologies that can be deployed where required to deliver an Ultrafast charge.

Established in 2020, the London-based battery innovation company’s highly engineered products include a ruggedized power unit that has been specifically designed to discretely slide under vehicles to be out of sight and avoid any obstruction. It also features modular technology that can scale in power to suit energy needs.

Through a recently announced MoU with QinetiQ Group PLC, a LSE-listed defense and security technology company, Solus Power will be exploring the development of its charging technology to provide flexible energy solutions in challenging, off-grid locations as military move to more sustainable electrified fleets.

The rollout of Solus Power’s charging technology will commence in 2024 in the United Kingdom with global availability following.

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