Bill Gates Bets Big Bucks on Revolutionary Clean Battery Technology

Aquion Battery PowderAquion Energy is our Employer of the Week for Mar-30 to Apr-05 2013, not because of its current jobs openings, but because its jobs openings might increase significantly in the next weeks and months.

And here's why: it just got a capital infusion of $35 million, with the participation of Bill Gates, along with 4 Venture Capital firms. This much money for a 100% clean and cheap battery system could revolutionize the battery and energy storage market, and help clean energy and electric vehicles become a huge success much faster.

Aquion's Aqueous Hybrid Ion battery which is similar to a fuel cell) consists of an anode made of activated carbon, a cathode made from sodium and magnesium oxide, and a water-based electrolyte. The Company will be delivering initial, pre-production units to selected lead customers and partners throughout 2013 and will begin shipping production units from its high-volume manufacturing plant in Pennsylvania at the end of this year.

We should expect a significant number of jobs opening from the company as it ramps up production, sales and delivery efforts. According to Aquion, the number of new jobs could reach 400 by the end of 2015.

The $35 Million in new capital just raised by the company comes on top of $20 million raised in 2011 from Kleiner Perkins and Foundation Capital, and a $10 million loan.

As of today, the company has 13 job openings at its corporate offices in Pittsburgh, PA and its manufacturing facility in Mt Pleasant, PA.

Here are some of the most recent jobs: