NXU News and Press, Novus Capital Corporation II Class A From 12/15/21

Collaboration includes strategic investment from BHP Ventures closed as part of prior Series C funding Joint MOU executed to explore applications for Energy Vault’s proprietary energy storage and software technology to support electrification in BHP’s large-scale...

Energy storage will be the lynchpin of the transition to renewables. Projections out to 2040 are pretty astounding. Managing all that storage is about to become very complex. Stem is a systems/software company that uses AI to predict demand and maximize profit from storage assets....

Palantir's Q3 showed solid growth continuing, with strengths in multiple key metrics supporting long-term growth targets, as well as new SPAC investments. Investments in these SPACs have reached $379.5 million, while current share values are ~$317 million, for a -19% return. Many ...

InvestorPlace - Stock Market News, Stock Advice & Trading Tips Ever since special purpose acquisition companies (SPACs) first became popular last year, some have proven extremely lucrative. In the electric vehicle (EV) space, for example, Lucid Group (NASDAQ: LCID ) — whic...

Energy Storage Veteran John G. Jung Joins Energy Vault as President of Energy Vault Solutions Division Energy Vault, Inc. (“Energy Vault”), the company developing sustainable, grid-scale energy storage solutions, today announced the launch of the division Energ...

Deployment of the innovative EVx™ platform expected to generate up to $520 million in revenue Energy Vault, Inc. (“Energy Vault”), the company developing sustainable, grid-scale energy storage solutions with its proprietary technology, today announced th...

Novus Capital Corporation II, a special purpose acquisition company (NYSE: NXU, NXU.U, NXU WS) (“Novus”) and Energy Vault, Inc. (“Energy Vault”), the company developing sustainable, grid-scale energy storage solutions with its proprietary technology, today an...

ESS Tech is now the third energy storage company to go public via SPAC. They make an iron salt flow battery with a lot of advantages over lithium-ion for energy storage. There are three slots for storage: 10-hour, multiday and seasonal. ESS’ battery fills that first slot. ...

Sanofi makes a second purchase just six weeks after its $2 billion deal for Translate Bio. Potential deal in the works, Columbia Property Trust comes to fruition. Macquarie Infrastructure Partners completes the acquisition of Cincinnati Bell. For further details see: Mer...

Novus Capital Corporation II (NYSE: NXU, NXU.U, NXU WS) (“Novus”) and Energy Vault, an energy storage solutions company, jointly announce that they have entered into a definitive agreement for a business combination; upon closing, the combined company is expected to tr...