Nostromo Energy

Company Overview

Snapshot

Founded in March 2017 by Yaron Ben Nun, Nostromo Energy operates with 11–50 employees and has raised a total of $34.82 million across 14 funding rounds from 9 investors. In December 2024, the company secured a conditional commitment from the U.S. Department of Energy for a significant debt financing.

Business overview

Nostromo Energy develops an ice-based energy storage system for commercial and industrial buildings, utilizing its core product, the IceBrick®. This technology stores energy as ice during off-peak hours and discharges it during peak demand, reducing grid reliance and energy costs. The modular, compact, and non-flammable IceBrick® system supports decarbonization and grid stability, serving markets such as office buildings, government, higher education, hospitality, and data centers within the Energy Tech sector.

Strategic signal

In November 2025, Nostromo Energy launched IceBrick®360, a new cold thermal energy storage product specifically designed for data centers. This strategic expansion into the data center market addresses critical speed-to-power needs and positions Nostromo to capitalize on the growing demand for sustainable cooling solutions in this energy-intensive industry, signaling a clear growth trajectory and market diversification for investors.

Company Intelligence Q&A

What was a significant recent product launch by Nostromo Energy?

In November 2025, Nostromo Energy launched IceBrick®360, a patented cold-thermal energy storage product tailored for data centers to meet their critical speed-to-power requirements.

What major project was announced for Nostromo Energy's technology in April 2026?

In April 2026, Nostromo Energy's IceBrick thermal energy storage systems were selected for installation at Atlanta's Hartsfield-Jackson International Airport.

What key milestone did Nostromo Energy achieve with the California Public Utilities Commission?

In September 2023, Nostromo Energy's IceBrick® Energy Storage Systems were awarded the first Resource Adequacy Credits by the California Public Utilities Commission.

What significant financial commitment did Nostromo Energy secure from the U.S. Department of Energy?

In December 2024, Nostromo Energy secured a $305 million conditional commitment from the U.S. Department of Energy to reduce climate impact and cooling costs in large California buildings.

What strategic partnership did Nostromo Energy announce with Anheuser-Busch InBev?

In September 2021, Nostromo Energy announced a collaboration with Anheuser-Busch InBev to advance climate action goals across its facilities and develop a roadmap for converting its cooling infrastructure into energy storage assets.