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Insights

Expansion Opportunities KORE Power has expanded its facilities to Buckeye, Arizona, and plans to increase headcount significantly, presenting opportunities for sales growth in the region and potential partnerships with local suppliers and service providers.

Product Launches The recent launch of new all-in-one DC block products for energy storage indicates a focus on innovation and diversification of offerings, creating opportunities for cross-selling to existing clients and attracting new customers in the energy storage sector.

Strategic Hires With the appointment of Michael Canada as the chief operating officer, KORE Power is strengthening its leadership team, potentially opening avenues for collaborations with industry experts and enhancing credibility when engaging with clients and investors.

Market Investment KORE Power's plans to invest in a large manufacturing plant with a loan of $850 million signal significant market expansion, paving the way for the company to capitalize on the growing demand for battery storage solutions and create opportunities for large-scale project contracts.

Sustainable Focus As a leading developer of battery cell technology for the clean energy industry, KORE Power's commitment to sustainability aligns with the increasing global focus on decarbonization, presenting sales opportunities by appealing to environmentally conscious customers and sustainable-focused organizations.

Similar companies to KORE Power

KORE Power Tech Stack

KORE Power uses 8 technology products and services including Google Analytics, Looker, AutoCad, and more. Explore KORE Power's tech stack below.

  • Google Analytics
    Analytics
  • Looker
    Analytics
  • AutoCad
    Cad & Graphics
  • Unpkg
    Content Delivery Network
  • Google
    Miscellaneous
  • Linux
    Programming Languages
  • Cloudflare Bot Management
    Security
  • ANSYS
    Software Development

Media & News

KORE Power's Email Address Formats

KORE Power uses at least 1 format(s):
KORE Power Email FormatsExamplePercentage
FLast@korepower.comJDoe@korepower.com
49%
FirstL@korepower.comJohnD@korepower.com
1%
Last@korepower.comDoe@korepower.com
1%
FLast@korepower.comJDoe@korepower.com
49%

Frequently Asked Questions

Where is KORE Power's headquarters located?

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KORE Power's main headquarters is located at 1875 N Lakewood Dr Suite 303 Coeur d'Alene, Idaho 83814 US. The company has employees across 3 continents, including North AmericaAsiaEurope.

What is KORE Power's official website and social media links?

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KORE Power's official website is korepower.com and has social profiles on LinkedIn.

How much revenue does KORE Power generate?

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As of September 2024, KORE Power's annual revenue reached $15M.

What is KORE Power's NAICS code?

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KORE Power's NAICS code is 3332 - Industrial Machinery Manufacturing.

How many employees does KORE Power have currently?

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As of September 2024, KORE Power has approximately 132 employees across 3 continents, including North AmericaAsiaEurope. Key team members include Chief Executive Officer: L. G.Chief Operating Officer: M. C.Chief Financial Officer: A. N.. Explore KORE Power's employee directory with LeadIQ.

What industry does KORE Power belong to?

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KORE Power operates in the Industrial Machinery Manufacturing industry.

What technology does KORE Power use?

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KORE Power's tech stack includes Google AnalyticsLookerAutoCadUnpkgGoogleLinuxCloudflare Bot ManagementANSYS.

What is KORE Power's email format?

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KORE Power's email format typically follows the pattern of . Find more KORE Power email formats with LeadIQ.

How much funding has KORE Power raised to date?

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As of September 2024, KORE Power has raised $850M in funding. The last funding round occurred on Jun 09, 2023 for $850M.

When was KORE Power founded?

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KORE Power was founded in 2018.
KORE Power

KORE Power

Industrial Machinery ManufacturingIdaho, United States51-200 Employees

KORE Power, Inc. (KORE) is headquartered in Coeur d’Alene, Idaho, with operations in Waterbury, Vermont, and Buckeye, Arizona. KORE is the leading U.S.-based developer of battery cell technology for the clean energy industry. With clients in energy storage, e-mobility, utility, industrial and mission-critical markets, KORE Power provides the backbone for decarbonization across the globe. As the first U.S.-based, American-owned, and fully integrated provider of cells, batteries, and solutions, KORE is uniquely positioned to serve these markets. Through the construction and operations of its large-scale battery cell manufacturing facility in the U.S., KORE is positioned to operate at 12 GWh per year capacity. The facility (the “KOREPlex”) will operate with net-zero carbon emissions through strategic partnerships and solar and storage co-generation.

KORE Power’s differentiated approach provides customers with direct access, unparalleled service, superior technology, and Tier 1 product availability. Focused on building sustainable communities, clean energy jobs, and green economic expansion, KORE Power is proud to offer a functional solution to real-world problems and fulfill market demand to deliver a zero-carbon future. The KOREPlex is expected to come to Buckeye, Arizona, and be the anchor to the development of the Sustainable Valley by the end of 2024. For more information, visit www.korepower.com. 

Our differentiated approach provides customers with direct access to superior technology and unparalleled service in the renewable energy space. We’re passionate about building resilient, sustainable communities, clean energy jobs, and green economic expansion. KORE is proud to offer functional decarbonization solutions that fulfill the growing market demand for a zero-carbon future. 

Section iconCompany Overview

Headquarters
1875 N Lakewood Dr Suite 303 Coeur d'Alene, Idaho 83814 US
NAICS Code
3332 - Industrial Machinery Manufacturing
Founded
2018
Employees
51-200

Section iconFunding & Financials

  • $850M

    KORE Power has raised a total of $850M of funding over 2 rounds. Their latest funding round was raised on Jun 09, 2023 in the amount of $850M.

  • $10M$50M

    KORE Power's revenue is in the range of $10M$50M

Section iconFunding & Financials

  • $850M

    KORE Power has raised a total of $850M of funding over 2 rounds. Their latest funding round was raised on Jun 09, 2023 in the amount of $850M.

  • $10M$50M

    KORE Power's revenue is in the range of $10M$50M

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