About Open Water Power
Open Water Power is a company based in Somerville (United States) founded in 2013 was acquired by L3 Technologies in May 2017.. Open Water Power offers products and services including T7 Robot, T4 Robot, AMORPHOUS Software, C5ISR Systems, and Reconnaissance Aircraft. Open Water Power operates in a competitive market with competitors including Ambri, Qingdao Dingxin Communication, Zhejiang Hanwei Technology, Global Energy Storage and Influit Energy, among others.
- Headquarter Somerville, United States
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Sectors
Energy & Utilities
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
Employee Count
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Acquired by
L3 Technologies
(May 22, 2017)
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Products & Services of Open Water Power
Open Water Power offers a comprehensive portfolio of products and services, including T7 Robot, T4 Robot, AMORPHOUS Software, C5ISR Systems, and Reconnaissance Aircraft. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Robot providing strength, dexterity, and precision for defense operations.
Companion robot for lift strength and reach in military applications.
Platform to control autonomous assets for security and defense tasks.
Systems delivering battlefield data for commanders in modern warfare.
Aircraft supporting missions with reliability and performance for air forces.
Funding Insights of Open Water Power
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Open Water Power
Open Water Power has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include L3Harris. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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L3Harris is engaged in providing advanced defense and technology solutions.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Open Water Power
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Open Water Power
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Open Water Power Comparisons
Competitors of Open Water Power
Open Water Power operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Ambri, Qingdao Dingxin Communication, Zhejiang Hanwei Technology, Global Energy Storage and Influit Energy, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Liquid metal batteries are provided for long-duration energy storage.
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| domain | founded_year | HQ Location |
Provides comprehensive solutions for liquid flow energy storage.
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| domain | founded_year | HQ Location |
Specializes in developing and commercializing energy storage solutions.
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| domain | founded_year | HQ Location |
Develops water-based energy storage inks using nanocomposite materials for advanced batteries.
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| domain | founded_year | HQ Location |
Nanotechnology-based nanofluids are developed for energy storage and transport.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Open Water Power
When was Open Water Power founded?
Open Water Power was founded in 2013.
Where is Open Water Power located?
Open Water Power is headquartered in Somerville, United States. It is registered at Somerville, Massachusetts, United States.
What does Open Water Power do?
Open Water Power was founded in 2013 in Somerville, United States, within the energy storage sector. A novel aluminum-water battery chemistry is developed for undersea applications, including power for unmanned underwater vehicles and sensors. The technology was patented by MIT-based founders, focusing on scalable systems that support extended operational endurance in marine environments.
Who are the top competitors of Open Water Power?
Open Water Power's top competitors include Ambri, Influit Energy and Qingdao Dingxin Communication.
What products or services does Open Water Power offer?
Open Water Power offers T7 Robot, T4 Robot, AMORPHOUS Software, C5ISR Systems, and Reconnaissance Aircraft.
Who are Open Water Power's investors?
Open Water Power has 1 investor. Key investors include L3Harris.