Ooni Koda
  1. Home
  2. /
  3. Newsfeed
  4. /
  5. Minister Burduja signed a letter of intent with...

Minister Burduja signed a letter of intent with Lockheed Martin, a first step in developing battery production technology

March 10, 2024

The minister of energy, Sebastian Burduja signed on the occastion of his visit to the United States of America a letter of intent with Lockheed Martin, the first step towards the development of technology for the production of GridStar Flow batteries (redox flow battery) in Romania.     ‘On the occasion of my visit to the USA, I signed in Boston a letter of intent with Lockheed Martin, American top company in aerospace, military and energy domains. It is the first step for the development of technology for the production of batteries in Romania. And not only batteries, but batteries of the last generation produced by Lockheed Martin, GridStar Flow ( redox flow batteries) an innovative solution for energy storage for utility, commercial, industrial and military applications. It is a cost-effective and efficient long-term technology with an operational lifetime of 20 years and, importantly, it is not dependent on critical raw materials and is environmentally friendly’ the minister wrote on his Facebook page on Sunday.Burduja said that the American company tries to establish strategic partnerships to develop production capacities for GridStar Flow on the markets in the whole world. ‘They chose to explore Romania due to its strategic position, of its production capacity, of the competence of our engineers, but especially as we have the potential to become a European leader in the domain of energy security and long-term energy storage. Everything means well-paid jobs, prestige and value-added exports for Romania. I saw such a storage capacity in batteries near Boston. It works perfectly, at the Lockheed Martin standards. We can develop in our country a production unit to become a single supplier of GridStar flow in the EU and in the region. The batteries storage is more and more important for the national energy system, in the context of increasing the share of intermittent renewable energy production’ explained the minister of energy.He mentioned that starting with the period of his previous mandate as minister of research, innovation and digitization he collaborated with Lockheed Martin, the American company as he started a partnership with the Technical University in Cluj Napoca for the development of solutions based on Artificial Intelligence.    ‘It is the second centre for research-development of Lockheed Martin in the whole world, after the laboratory in Australia’ said Sebastian Burduja on the social media network. (Photo:https://www.facebook.com/)

Read in full - click here
Romania’s health and energy sectors among most targeted by cyber attacks, DNSC says

The health sector, public administration, and the energy industry are the most targeted by cyber threats in Romania, according to the National Cyber Security Directorate (DNSC) in its 2024 activity report.  The health sector faces significant threats due to the large volume of sensitive data and underfunded critical infrastructure. Public administration is often the target […]

Romanian former president Ion Iliescu buried in Bucharest following official funeral service

The funeral service of Romanian former president Ion Iliescu was performed on Thursday, August 7, an official mourning day in Bucharest. Among those present were family, friends, former allies, and political opponents. Those absent, namely the former president Klaus Iohannis and current president Nicusor Dan, were also notable. Ion Iliescu, Romania’s first president after the […]

‘World Unseen’ inclusive photography exhibition opens in Brașov

The multisensory photography exhibition World Unseen has opened to the public in Brașov, central Romania, as part of its national tour. Hosted at Olimpia – The Museum of Sport and Mountain Tourism, the exhibition is open until September 14 and aims to make photography accessible to people of all abilities, including those with visual impairments […]

Romania’s foreign minister visits Kyiv in show of support for Ukraine

Romanian foreign minister Oana Țoiu began an official visit to Ukraine on Thursday, August 7, marking the first bilateral trip by a Romanian foreign minister to Kyiv since the Russian invasion in 2022. The visit signals Romania's strong and ongoing solidarity with Ukraine, the ministry said. Minister Țoiu is scheduled to hold high-level talks with […]

Modern retail for tomorrow’s Bucharest: M Core develops a new M Park in Ghencea Area

M Core continues to expand its Romanian portfolio with a new retail development in Bucharest. This time, the project is targeting one of the city’s most dynamic residential areas — Prelungirea Ghencea. The project, developed on a plot of approximately 51,400 sqm, will be located on Prelungirea Ghencea Street, no. 344–348, and is currently in […]

FeminEast launches first free financial education platform for women in Romania

The FeminEast Association has launched the first free digital platform dedicated exclusively to financial education for women and young girls in Romania and Eastern Europe. Designed to address persistent gaps in financial literacy, the platform offers accessible, practical content tailored to the needs of schoolgirls, students, mothers, and women seeking financial independence or career changes. […]