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Tel Aviv, Israel–(BUSINESS WIRE)–nostromo, an ice-powered energy storage company, announces it will trade on the Tel Aviv Stock Exchange under the ticker NOST. On June 21, the company completed a merger with the publicly traded Tel Aviv Stock Exchange (TASE). somoto. After the merger, the company’s name was changed to Nostromo Energy Limited.
Nostromo commercializes the world’s most advanced modular energy storage technology for cooling commercial and industrial buildings. The technology uses the power of renewable energy sources to meet the growing demand for cooling driven by global warming, while reducing pressure on the grid. This summer the company will cut the ribbon on his system Medinols headquarters.
About Nostromo
Nostromo accelerates the renewable energy revolution. The sustainable energy storage solution enables commercial and industrial buildings to become large-scale energy assets. This benefits building and power grid owners and ultimately paves the way for a carbon-free future. Nostromo’s revolutionary technology, the Nostromo IceBrick, stores energy during off-peak hours or excess solar hours and uses it for cooling during peak hours. The Nostromos solution is safe, clean, cost effective and highly modular, making it ideal for installation in existing commercial buildings and industrial facilities. For more information, visit: https://www.nostromo.energy
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