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Malta Inc: The Steam-Powered Grid Battery
Why a former Google X project is betting on heat pumps over lithium for long-duration storage.
Malta Inc. isn't building another lithium-ion battery; they are scaling a physics hack from the 19th century to solve the 21st century's hardest problem: storing renewable energy for weeks, not just hours. By converting electricity into molten salt and ice, they aim to decouple generation from consumption at a grid scale.
"Malta is playing the long game: betting that heat storage is cheaper and more durable than chemical storage for the grid."
The Google X Heritage
Born in the secretive labs of Google X (now X Development), Malta inherited the 'moonshot' DNA. Unlike many lab-bound ideas, they survived spin-out to become a heavy industry player with 604 employees. This isn't a startup in a garage; it's an industrial engineering firm scaling complex thermodynamics.
The Tech: Steam & Salt
Malta's system is a pumped-heat energy storage machine. It uses electricity to drive a heat pump, creating a temperature differential between hot molten salt (-60°C ice and +1100°C salt). When power is needed, the heat engine kicks in. It avoids rare earth minerals, relying instead on steel, concrete, and salts—materials with infinite supply.
The market positioning is aggressive. While competitors chase higher energy density, Malta chases duration and cost. Their system is designed to run for 10 to 200+ hours, bridging the gap between daily cycling batteries and seasonal storage.
- Targeting 10-200+ hour duration (longer than most competitors).
- Uses common materials (salt, water, antifreeze) rather than critical minerals.
- System life expectancy exceeds 20-30 years with minimal degradation.
The Verdict: A Heavy Industry Bet
With $187M in revenue, Malta is past the PowerPoint phase. They are executing on the hardest engineering challenge in energy: making heat storage as reliable as a turbine.
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Malta Inc. Clean, Flexible Power and Heat at Scale
Malta’s utility-scale, long-duration energy storage system uses steam-based heat pump technology to deliver dispatchable, cost-effective energy.
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About maltainc.com
Malta’s utility-scale, long-duration energy storage system uses steam-based heat pump technology to deliver dispatchable, cost-effective energy.
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maltainc.com uses 14 technologies across their website including Font Awesome, reCAPTCHA, PHP, and more.
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maltainc.com receives approximately 2.6K monthly visitors and ranks #6,337,200 globally. The website has a bounce rate of 37% with visitors viewing an average of 1.9 pages per visit. Users spend an average of 0:37 on the site.
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