Fermata Energy Revenue and Competitors

Fermata LLC is an energy technology company based in Charlottesville, Virginia. Fermata leverages electric vehicle batteries to provide energy storage for the electricity grid. Because electric vehicles remain parked and unused much of the time, they are an underutilized asset. With our technology these batteries can be exploited with little incremental cost. By leveraging existing batteries we avoid much of the cost competing storage technology requires while providing vehicle customers a lower cost of ownership through shared grid storage revenue.