VRB Power and its IP sold to Chinese flow battery developer Prudent Energy

We heard from the former CEO of VRB Power System (see the July 9, 2008 LRPJ), Tim Hennessy, that a Chinese company recently acquired VRB for $2 million in cash, including all of its IP portfolio, know-how, plant equipment, and inventory. This news came only a little over a month after VRB announced ...

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