TDK Ventures invests in Singapore-based startup Amperesand to empower global electrification through solid state transformers
TDK CORP S/ADR (TTDKY)
NASDAQ:AMEX Investor Relations:
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Source: PR Newswire
Amperesand's grid infrastructure solutions are powered by innovative solid-state transformer (SST) technology to enable efficient, intelligent, and resilient electrificationTDK Ventures invested in Amperesand because of their groundbreaking and market-ready SST technology - solving key challenges in the EV DC fast-charging sector, providing a critically needed solution for accelerating EV adoption and future-proofing of electric grid infrastructureSAN JOSE, Calif., Feb. 7, 2024 /PRNewswire/ -- TDK Corporation (TSE: 6762) announced today that subsidiary TDK Ventures Inc. is investing in Amperesand and their grid infrastructure solutions powered by innovative solid-state transformer (SST) technology to deliver megawatt-scale DC charging solutions for the EV revolution. Spun out of the Nanyang Technological University of Singapore (NTU) and backed by a world-class team with decades of industry experience in power systems, Amperesand delivers critical improvements to EV charging infrastr
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- TDK Ventures invests in Singapore-based startup Amperesand to empower global electrification through solid state transformersPR Newswire