Storage Drop Storage Technologies LTD
Storage Drop Storage Technologies Ltd, an Israeli firm established in 2012, specializes in developing innovative energy storage solutions that harness renewable sources. Based in Rehovot, Israel, the company offers several key products. Its HyDrop system is designed for electricity generation, utilizing the isothermal compression of air with water in liquid pistons, making it suitable for integration with renewable energy facilities such as solar and wind farms. Another product, CoolDrop, addresses cooling needs by storing energy through the compression of an environmentally friendly gas, primarily serving the industrial refrigeration market. Additionally, DropX functions as an air compressor, employing a liquid piston where air is compressed by water. The company was formerly known as Medivie Therapeutic Limited, and it officially adopted the name Storage Drop Storage Technologies Ltd in August 2021.