Company Research Report: volytica diagnostics GmbH

Company Overview

• Name: volytica diagnostics GmbH

• Mission of the Company: volytica diagnostics is on a mission to simplify the complexity of battery systems, providing innovative technologies for global battery diagnostics to empower safe, sustainable, and efficient battery use.

• Founded: volytica was spun out from Fraunhofer IVI in 2019.

• Key People:

• Claudius Jehle - CEO

• Sebastian Stoll - CTO

• Lutz Morawietz - Head of Algorithm Development

• Nicole Mattes - Head of Administration & Finance

• Christin Lustik - International Marketing Manager

• Headquarters: Theresienstraße 18, 01097 Dresden, Germany

• Number of Employees: Over 30 international experts

• Revenue: No information is available

• Known For: volytica diagnostics is recognized for its pioneering diagnostics solutions and battery monitoring software that allows for informed decision-making regarding the safe, sustainable, and efficient use of batteries in diverse applications, including e-mobility and renewable energy storage.

Products

• General Overview: volytica diagnosis offers independent, manufacturer-independent battery health monitoring solutions.

• Product 1: vdx Sentry

• Description: An automated battery protector device to manage large battery portfolios.

• Key Features:

• Provides relevant alerts

• Offers expert-level recommendations to save time and money.

• Enhances operation and safety, supporting maintenance teams across various sectors.

• Platform Utilization and Integration:

• volytica diagnostics provides a highly scalable API-integrated cloud platform enhancing the monitoring of battery systems.

• Integration supports third-party platforms, ensuring ease of use and broader applicability across different systems.

Recent Developments

• Partnerships and Collaborations:

• Bridgestone and Webfleet: Set new industry standards with a comprehensive EV services platform for battery monitoring.

• Enel Green Power: Utilized volytica’s predictive diagnostics software in their power plants.

• MAHLE: Collaboration to launch a fast static battery diagnostics solution.

• Sinovoltaics: Working together to enhance BESS testing, suggesting potential financial savings of $2.3 billion globally.

• Innovations and New Products:

• vdx Sentry: Launch of the product feature for improved reliability and safety in energy supply.

• BESSential Service: A 100% battery pack testing service introduced to overcome traditional acceptance testing limitations.

• Studies and Reports:

• A joint white paper with Sinovoltaics emphasizing the capabilities and advantages of their advanced battery diagnostic tools.

• Financial and Operational Achievements:

• volytica diagnostics completed a €5.5 million investment round, aimed at scaling operations and advancing their technology.

Additional Information

• Experience and Expertise: volytica diagnostics combines years of research and expertise in battery diagnostics and cloud computing, with a goal of making battery diagnostics accessible as standard industry practice.

• Industry Influence: The company is heavily involved in B2B partnerships, focusing on improving energy storage systems through innovative battery analytics and diagnostics.

• Cultural and Global Presence: The company operates with a diverse team across various global locations, supporting international standards and culturally integrated practices in the renewable energy sector.