InoBat and Palmer Energy Technology sign agreement to strengthen European battery energy storage solutions

PETL and InoBat to collaborate on supply chain, Battery and Energy management systems and innovative solutions for Europe and beyond

  • InoBat and PETL will work together to supply energy storage solutions across Europe, leveraging on their presence in the UK and Ireland as well as in Europe and North America.
  • PETL and InoBat will have a reciprocal agreement for the supply chain to assure solution availability for customer without shortfalls. In 2026, PETL will supply InoBat with BESS units. In 2027, PETL has the option to take from InoBat´s Slovak manufacturing facility when it is commissioned.
  • PETL will supply its patented Brill Power battery management system (BMS) and energy management system (EMS) for integration into InoBat´s BESSMONT units.
  • PETL writes the Brill Power software in Oxford and stores all system data on its own servers in Europe.

Oxford and Bratislava, 15 September 2026. Palmer Energy Technology Ltd (PETL) and InoBat AS today signed a collaboration agreement to supply battery energy storage systems (BESS) across Europe. A BESS stores electricity and releases it when a customer or the grid needs it.

The agreement covers three areas. It sets out which markets each company will lead. It provides for the supply of BESS units between the two companies. It gives InoBat access to PETL’s battery management technology.

InoBat will build on its established European presence and planned expansion into North America, PETL will leverage its strong position in UK and Ireland. Both companies will address new markets together.

In 2026, PETL becomes a supplier for InoBat, while from 2027 PETL secures the option to take BESS supply from InoBat through its brand BESSMONT, manufactured in Slovakia. In this way both companies create reciprocal cross supply chain to assure availability with no shortfalls for customers.

PETL acquired Brill Power Ltd in 2025. Brill Power’s patented technology is a battery management system (BMS) and an energy management system (EMS). The BMS controls each cell in a battery and keeps the cells in balance. This extends the working life of the battery and increases its usable capacity. The EMS controls when the battery charges and discharges.

PETL’s team in Oxford writes the software. PETL stores all system data on its own servers in Europe. Customers get a European product with their data held in Europe.

In 2025 InoBat launched an energy solutions business to help close Europe’s shortage of grid-scale batteries. Through its BESSMONT platform it has delivered or contracted 875MWh of utility-scale battery energy storage capacity with a strong pipeline increasingly aimed at data center and AI power. InoBat is also developing next-generation sodium-ion technology with partners — a geopolitically resilient chemistry that complements lithium-ion.

Marián Boček, Co-founder and Chief Executive of InoBat, said: “InoBat strongly believes in partnerships, that enable growth and stability of the business. European customers need stable western based BESS supply chain with cyber security and high level quality of product and services. Partnership between PETL and InoBat builds a strong foundation to address energy challenges and prepare Europe for AI-driven future.”

Dr Andy Palmer CMG, CEO and Co-Founder of Palmer Energy Technology, said: “This agreement gives both companies access to more of the European market. PETL brings patented battery management technology and BESS units that are available now. InoBat brings a strong position in Europe and North America and new manufacturing capacity from 2027. Customers in Europe get a European product with their data stored in Europe.”

About InoBat

InoBat is a European battery manufacturer focused on high-performance and sustainable energy storage solutions. With a portfolio of pilot and industrial-scale facilities, InoBat supports the development and production of customized battery cells for automotive, aviation and industrial applications. Its facility Voderady in Slovakia includes R&D capabilities, pilot production line supporting product development, cell manufacturing and testing activities, as well as development of battery energy storage systems. Through its BESSMONT product line, InoBat designs, manufactures, and deploys utility-scale BESS serving industrial and utility customers and positioning for rising power demand from data centers and AI infrastructure. InoBat is an IPCEI awardee. Strategic shareholders include Rio Tinto, Amara Raja, Gotion High-Tech / Volkswagen Group, Slovak Investment Holding (SZRB Group), Across Finance and IPM Group. For more information, visit www.inobat.eu.

About Palmer Energy Technology

Palmer Energy Technology Ltd (PETL) supplies battery energy storage systems and, through Brill Power (acquired in 2025), patented battery management (BMS) and energy management (EMS) technology developed in Oxford, UK. [PETL boilerplate and website to be confirmed by PETL.]

Media enquiries

InoBat: press@inobat.eu   |   PETL: Peter Freedman, peter.freedman@palmer.energy

Forward-looking statements

This press release contains forward-looking statements within the meaning of applicable securities laws, including statements about the parties’ future supply arrangements, manufacturing plans, product capabilities, timing and market expectations. These statements reflect current expectations and assumptions and involve known and unknown risks and uncertainties that could cause actual results to differ materially from those expressed or implied. Forward-looking statements speak only as of the date of this release, and neither InoBat nor PETL undertakes any obligation to update them except as required by law.