Tag: Jeff Kostos

Trident storage by Spear Power Systems

KC startup’s sale charges strategy as battery innovator plugs into century-old tech firm

By Tommy Felts / November 30, 2021

A Massachusetts tech company’s strategy to advance into new clean energy markets is now electrified thanks to the completed acquisition of Grandview-based Spear Power Systems — a leader in next generation battery storage systems for demanding land, sea and air applications. “The acquisition of Spear Power Systems enables us to deliver more comprehensive energy storage…

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Jeff Kostos, Spear Power Systems

Grandview-based battery innovator — Evergy Ventures’ first investment — exiting to global power player

By Tommy Felts / August 23, 2021

A Kansas City-area startup developing next-generation scalable lithium-ion battery storage systems for land, sea and air is being acquired by a global power management leader, the companies announced Monday. Financial terms of the transaction — through which Grandview-based Spear Power Systems will add its power and talent to Sensata Technologies — were not disclosed. The…

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Hiroshi Nerima, Nabtesco Technology Ventures; Barbara Burger, Chevron Technology Ventures; Jeff Kostos, Spear Power Systems; and Gina Domanig, Emerald Technology Ventures

Global, KC investors charge Grandview-based battery innovator with 8-figure funding round

By Tommy Felts / September 24, 2019

A Grandview-based leader in battery technology is building a charge for expansion as Spear Power Systems announced this week an eight-figure funding round with world-spanning reach and headline-grabbing international investors. “We are pleased with the quality and synergy of the syndicate,” said Jeff Kostos, president and CEO of Spear. “This investment enables Spear to scale…

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