Last week we had a new team join us here at the Bridges, Cress Systems have a team of 5 and will be situated in arch 3 between Safety Net and Powervault. Their team consists of Richard Bradshaw (CEO), Phil Medlicott, Beverley Gower-Jones, Carl Bennett and Neil Bradley.
CRESS Systems designs and manufactures energy storage systems for industrial and grid applications. CRESS has proprietary flywheel technology that stores energy mechanically. Their tech outperforms chemical batteries since they can charge and discharge both rapidly and repeatedly without deteriorating. Their launch market is the shipping sector where they are deploying CRESS to regenerate wasted electricity on container cranes.
Sustainable Bridges location is ideal for CRESS as they are expanding and considering where to base their development centre.