Next Thing Technologies, Inc

About the offering

Next Thing Technologies (NTT) is a U.S.-based energy storage startup founded in 2019 that is developing sodium-ion battery technology intended to serve residential, commercial, utility-scale, and data center markets. The company claims its sodium-ion batteries are approximately 90% cheaper to produce than lithium-ion equivalents, 33% safer in terms of thermal runaway thresholds, and offer roughly 33% more charge cycles. NTT has raised approximately $11.88 million to date from around 9,580 investors across multiple Regulation CF rounds, with shares priced at $6 and a minimum investment of $738. Key technical milestones cited include: scaling cell size from 18 Ah to 70 Ah, building what the company describes as the first sodium-ion battery pack in America powerful enough for home use, and successfully powering their laboratory with a fully integrated sodium-ion battery system including a custom battery management system and inverter. The company has tested over 45 cell variations across multiple contract manufacturers and built an internal commercial viability testing framework it considers a proprietary asset. In 2025, NTT reports securing a science partnership that includes an exclusive license to cost-reduction technology aimed at further lowering sodium-ion production costs. This partner has also committed to product distribution and is reportedly exploring a strategic combination with NTT. The company's roadmap projects commercial-scale prototype completion by 2027–2028, entry into data center and EV charging markets by 2029, and full platform scale (hardware, grid services, EV charging, virtual power plant, and IP licensing) by 2030+. Target markets include residential energy storage ($34–$51B global market), utility-scale storage ($435B projected by 2030), EV charging infrastructure ($257B by 2032), remote microgrid systems ($206.7B by 2033), and data centers ($56.58B by 2032). NTT's stated market share goals range from 3% to 5% across these segments. The leadership team is lean: Jason Adams serves as CEO and President. Key advisors include Dr. Ahmad Pesaran, former Chief Energy Storage Engineer at NREL's Energy Conversion and Storage Systems Center, and Dr. Shirley Meng, described as a leading figure in next-generation battery research. The company also lists advisors with backgrounds from Panasonic and Tesla. Business model pillars include direct-to-consumer residential battery subscriptions, commercial and utility-scale project deployments, and technology licensing to third-party manufacturers. The offering is intermediated by DealMaker Securities LLC. All financial projections and market share targets are forward-looking and speculative.

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