-“ABS ESS” to leverage American Battery Solutions’ established mobility battery systems capability to produce best-in-class energy storage solutions. -ABS ESS’ launch includes TeraStor™, its new lithium-ion battery energy storage platform, specifically for large-scale energy storage projects. -ABS ESS’ launch includes StorView™, an energy management suite of software and control hardware to optimize TeraStor™ performance, market participation, and financial performance.

Today, American Battery Solutions, Inc. - one of the nation's leading commercial and industrial advanced battery systems manufacturers - is pleased to announce its new Energy Storage System division, branded ABS ESS.

ABS ESS is unveiling TeraStor™, its new lithium-ion battery energy storage platform, specifically for large-scale energy storage projects. Additionally, ABS ESS is releasing StorView™, its Energy Management Suite of software and control hardware to optimize TeraStor™ performance, market participation, and financial performance.

"Leveraging our track record for driving battery energy innovation, and developing and testing new technologies and chemistries with our advanced engineering team, ABS again demonstrates our dedication in support of the energy transition," said Subhash Dhar, Chairman and CEO of American Battery Solutions, Inc. "There is a critical need for both hardware and software intended for stationary energy storage needs, especially following the passage of the Inflation Reduction Act of 2022, which intends to fund so much utility-scale storage. We are confident that ABS ESS and its leadership team can bring our products to market and meet the growing demand for energy storage systems."

ABS TeraStor™ was designed and developed by industry leaders—Bud Collins, VP and GM, Michael Hoff, CTO, Greg Tremelling, VP of Product Development, and Rick Cwiakala, VP of Operations & Service—who have deployed over 1.5 GWh of storage around the globe. This group has teamed up with the goal of significantly reducing the complexity of large-scale battery storage.

The TeraStor™ battery energy storage platform offers energy storage customers a safe, efficient, and reliable energy storage system that is easy to purchase, install and operate. This storage platform is engineered to optimize lithium-ion cell life and performance—while minimizing stranded cell capacity to deliver greater output and availability throughout the system's life.

TeraStor™ offers more than 7.2 megawatt hours (MWh) of storage and 3.5 MW of integrated inverter capacity. With its self-powered design, requiring no auxiliary AC infrastructure, a fully integrated liquid cooling system—which eliminates all on-site HVAC installation—and a sixty percent increase in energy density, this battery energy storage platform allows customers to achieve significant cost and time savings compared to other energy storage systems. Additionally, by using TeraStor™, ABS ESS can deploy an ultra-high density of 600 MWhs of energy per acre.

Each TeraStor™ arrives factory-packaged and tested, eliminating major on-site component integration. It can be installed and ready for commissioning within six hours—a record setting pace compared to weeks or months for a conventional system. TeraStor systems are the most energy dense per footprint, accommodating the most space-challenged sites while meeting the strictest international safety standards. Mean-time for repair and upgrades are minimized with modular energy storage and power conversion components.

Also, ABS ESS in-person interactive training ensures complete and adequate response to every on-site contingency.

StorView™ advanced software and controls hardware that monitors all aspects of TeraStor™ conditions with advanced algorithms to determine its precise status and condition. StorView™ software is an easy-to-use interface that enables intuitive set-ups, controls, and operations. A simple, single point, industry-standard interface coupled with known third-party energy management systems. Warranty conditions are continuously compared against original and current expectations to proactively plan for changing application requirements.

ABS ESS secure online pre-sale sizing and configurators make it easy to determine the appropriate amount of storage for your application. For more information on TeraStor™ & StorView™, please visit www.americanbatterysolutions.com/ess/ess-home

ABOUT American Battery Solutions, Inc.

American Battery Solutions, Inc. is an industrial and commercial battery manufacturer located in the heart of the U.S. automotive industry. Collectively, we have helped launch some of the industry's most well-known programs with OEM customers, such as General Motors, Fiat Chrysler, BMW, Daimler-Mercedes, and others. Backed by a substantial investment from KCK Group, American Battery Solutions acquired manufacturing and battery pack testing assets from Robert Bosch Battery Systems. ABS has assembled a world-class team of dedicated and experienced engineers. This team is equipped with a deep understanding of high-voltage, automotive-grade battery systems—from concept development and prototyping, to testing and validation, to high-volume production. Meaning no one is more qualified to work on a battery or ESS system that can power your energy needs.