Baromar

Company Overview

Snapshot

Founded in January 2022 by Ron Elazari -Volcani and Sergio Koren, Baromar operates with 1–10 employees. The company is currently in its Alpha product stage and has secured one funding round. In May 2024, Baromar selected Jacobs for an energy storage pilot project, signaling significant progress in its technology validation.

Business overview

Baromar specializes in developing innovative underwater energy storage solutions within the Energy Tech sector. The company's core technology involves storing compressed air in large, rigid structures anchored to the seabed, leveraging hydrostatic pressure and proven Compressed Air Energy Storage (CAES) technologies. This system aims to provide an economically and operationally efficient energy storage alternative, serving industries focused on renewable energy integration and grid stability.

Strategic signal

In May 2024, Baromar announced a strategic collaboration with Jacobs to support a long-duration underwater energy storage pilot. This partnership is a strong validation of Baromar's technology, indicating a move towards real-world application and commercialization. For investors, it signals significant progress in de-risking the technology and demonstrates potential for scaling its unique compressed air energy storage solution.

Company Intelligence Q&A

What is Baromar's core technology?

Baromar has developed a solution to store compressed air in large and rigid structures anchored to the seabed. This system utilizes hydrostatic pressure on the sea base and proven CAES technologies to create an economically and operationally efficient storage system.

When was Baromar founded?

Baromar was founded in January 2022.

Which company is partnering with Baromar on an energy storage pilot?

In May 2024, Baromar selected Jacobs to support its long-duration underwater energy storage pilot project.

Who are the founders of Baromar?

Baromar was founded by Ron Elazari -Volcani and Sergio Koren.

What is the primary sector Baromar operates in?

Baromar operates primarily in the Energy Tech sector, focusing on alternative energy storage solutions.