Who We Are


At Energy Vault, we envision a planet where science and deep respect for our natural resources herald creative technological advancements in sustainable, clean, renewable energy. Our Board of Directors and Executive Management Team consist of experienced industry professionals with deep technical backgrounds in mechanical energy storage as well as energy storage market and customer requirements.


Our Mission

Enabling a Renewable World™

At Energy Vault, our mission is to accelerate decarbonization of our planet by introducing the most sustainable and economical energy storage technologies.

What we stand for


Energy Vault stakeholders and employees have a shared passion to combat climate change through innovation in energy storage technologies. With our vast global network in leadership, management, and contribution, Energy Vault is well positioned to meet the large and currently unmet demand for sustainable and economical energy storage for renewable energy generation worldwide.


Board Of Directors

Energy Vault is honored to have established strong governance that will allow us to best serve customer needs while accelerating adoption and deployment of the technology.

Robert Allen Piconi

Chairman, Co-Founder & CEO,
Energy Vault

Bill Gross

Co-Founder, Energy Vault
Idealab Studio

Zia Huque

General Partner at Prime Movers Lab

Henry Elkus

Founder & CEO,

MaryBeth Mandanas

Chief Executive Director
Onyx Renewable Partners

Thomas Ertel

Chief Accounting Officer
Strada Education Network

Larry Paulson




Energy Vault's global management team is focused on accelerating the adoption and deployment of our technology in order to provide flexibility to deploy, at scale with customized solutions for our identified target customers.

Robert Allen Piconi

Chairman, Co-Founder & Chief Executive Officer

Andrea Pedretti

Co-Founder & Chief Technology Officer

David Hitchcock

Chief Financial Officer

Marco Terruzzin

Chief Product Officer

Laurence Alexander

Chief Marketing Officer

Chris Wiese

Chief Operating Officer

Gonca Icoren

Chief People Officer 

John G. Jung

President, EVSTM

Akshay Ladwa

Chief Engineering Officer, EVSTM

Kevin B. Keough

Senior Vice President of Corporate Development

Josh McMorrow

Chief Legal Officer

Company evolution

Technology Timeline

Market response to commercial availability of Energy Vault’s technology has been extraordinary. Energy Vault has since focused on sustainable business management, commercial deployment, and ramping our global infrastructure to support corporate growth.

Prior to Launch

Idealab Founded Company

Initial investment procurement and technology principles validation via 1/3 scale demonstration unit in Biasca, Switzerland.

Company Announcement

Energy Vault announced commercial availability of transformative, utility-scale, gravity energy storage technology.

Q4 2018
Q1 2019

Engineering Studies 

Including seismic analysis (CalTech), lifetime and reliability studies, and continued further software testing, simulation, and optimization.

Fast Company Award Winner

Energy Vault wins World Changing Idea Award 2019 from Fast Company in the energy sector.

CEMEX Ventures Investment

CEMEX Ventures invests in Energy Vault to support rapid deployment of energy storage technology using composite bricks.

Q2 2019 idealab_logo
Q3 2019 Mask Group 5

SoftBank Vision Fund Investment

Energy Vault Closes Series B Funding With $110 Million Investment from Softbank Vision Fund.

CEMEX Lab Testing

CEMEX research & development lab testing confirmation of sustainable composite block materials.

Q4 2019
Q1 2020

Test America Results

3rd party validation testing for EPA compliance of mobile masses produced with coal combustion residuals.

World Economic Forum Technology Pioneer

Energy Vault Named Technology Pioneer by World Economic Forum as It Offers an Economic Way to Store Clean Energy and Deliver Dispatchable Power.

Q2 2020 World_Economic_Forum_logo
Q3 2020

Commercial Demonstration Unit

35 MWh Commercial Demonstration Unit construction completion and connection to the Swiss National Grid.

Technology Development

EVx™ product development and validation prospecting with commercial engagements.

Q4 2020
Q4 2020 Helena-timeline-logo

Helena Investment & Strategic Partnership

Helena investment and partnership is focused on further expansion of Energy Vault’s circular economy value proposition.

Saudi Aramco Energy Ventures Investment Announcement

Energy Vault announces investment from SAEV with focus on deployment of new EVx™ energy storage technology within Aramco.

Q2 2021 saudi-aramco-logo
Q3 2021

Series C Funding Announcement

Energy Vault announces Series C Funding investment led by existing investor Prime Movers Lab, with additional participation from other new and existing investors.

Energy Vault to list on the NYSE

Through merger with Novus Capital Corporation II (NYSE: NXU)

Our achievements

Recent awards


Global Partners

We are partnering with organizations across the globe, who share our mission to accelerate the decarbonization of our planet, and our vision for a world where renewable energy can replace fossil fuels 24 hours a day.

Join us in introducing the most effective and sustainable energy storage solutions to your market.

Contact us with interest in
Energy Vault’s Global Partnership Program.