Newsroom
The latest news and information on how Torus is creating more reliable, scalable, secure and affordable energy infrastructure.
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Torus at a glance
Founded in 2021
In Springville, UT; headquartered in Salt Lake City
400 employees
Company-wide
545,000 sq. feet
GigaOne, our flagship manufacturing facility, with a total of 590,000 sq. feet in Utah.
$767M
Raised
25,000
Cycle lifespan on Torus Spin
12–16 weeks
From contract to operation
500 MW
Utility partnerships under MOU with PacifiCorp
99.9%
Fleet uptime
Spotlight
Torus Launches Modular AI Infrastructure, Foundry, to Meet Surging AI Inference Demand and Secures $500M in Funding
Foundry brings 1–20 megawatts of inference capacity per site in 12–16 weeks from contract to compute, using power the grid already has
Introducing Torus Foundry: AI Compute Where the Power Already Is
Instead of waiting years to bring power to the chips, we bring the chips to the power.
Torus Named One of Fast Company's 2026 Next Big Things in Tech
Torus honored in Fast Company's Energy and Sustainability category for helping utilities manage fast-moving loads at the point of demand
Torus named Battery Manufacturer of the Year for GigaOne energy storage factory
National award recognizes the 545,000-square-foot Salt Lake City plant manufacturing hybrid flywheel and battery storage systems
- Press ReleaseTorus Launches Modular AI Infrastructure, Foundry, to Meet Surging AI Inference Demand and Secures $500M in Funding
- Press ReleaseTorus named Battery Manufacturer of the Year for GigaOne energy storage factory
- Press ReleaseTorus Named One of Fast Company's 2026 Next Big Things in Tech
- Press ReleaseTorus GigaOne Sets Production Records Six Months After Coming Online
- Press ReleaseTorus Named Finalist for PLMA'S 2026 Awards of Excellence
- Press ReleaseTorus Raises $200 Million to Accelerate Deployment of Modular Power Plants for Utilities, Data Centers, and Industry
- Press ReleaseTorus Partner Ultion Validates North America’s First Fully Domestic LFP Cells
- Press ReleaseSenator John Curtis Visits Torus Facility, Applauds Utah's Role in Building America's Next Generation Power Infrastructure
- Press ReleaseUltion Technologies Secures Series A Funding to Build Critical U.S. Battery Manufacturing Capacity
- Press ReleaseTorus and First Colony Mortgage Sign Letter of Intent to Power Sustainable Home Development
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Accolades
Fast Company The Next Best Thing in Tech
Battery Manufacturer of the Year
Reuters Best Energy Storage
TIME Magazine Best Inventions
R&D 100 Award
Power Magazine
Utah Business Innovation Award
