Sustainable energy storage enabling a zero-carbon futureVision. Helix Power aims to enable a reliable and resilient zero-carbon grid.Requirements & Markets Fit. Target markets include Grid Balancing (for zero carbon), Large seaport cranes, Rapid Transit, and Microgrids. These markets all have short-duration storage requirements that Helix Power satisfies: high power (1MW+), high number of cycles (1M+ est.), short charge/ discharge time (90 sec), continuous operation, long life (20 yr+ est.), and low life cycle cost. The Product & Technical Advantage. Helix’s first product is a patented 1 MW flywheel system, including the flywheel and power electronics system. The Helix system has unique design features that set it apart and satisfy the above requirements. These include active cooling, a permanent magnet motor, operation in a vacuum, state-of-the-art power electronics, magnetic bearings, and a composite rotor.The Value Prop. The Helix system provides greenhouse gas (GHG) reduction, grid reliability and asset life enhancement, energy savings, peak power reduction, speed of operation, and cost productivity versus current methods.Multiple Grant Awards. Helix has received grants from New York State Energy Research & Development Authority (NYSERDA) and Sandia National Laboratories (US DoE). Grants have been used to complete our design (extensive reviews), drawings, analysis, select component tests, price quoting, and placing suppliers on purchase order (PO).Product Status & Plan Forward. Currently, hardware is being procured for the full-scale prototype flywheel system. Build and test is planned for Q1 2022. A 2nd full-scale system is planned for testing and customer deployment in Q4 2022. Commercialization is planned for Q4 2023. Company Structure. The technology co-development team includes Belcan Engineering, Abstract Power Electronics, Windings, Inc, Waukesha Magnetic Bearings, and Walco Electric.