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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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. [pullquote] Founded in 2013 by experienced energy storage entrepreneurs Jeff Kostos, president and CEO, and Dr. Joon Kim, CTO, Spear designs and manufactures safe, high performance…

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