Archimede
This company is in the pipeline of America 2030, IPO CLUB’s short-term, actively managed secondary fund focused on U.S. defense, energy, security, and AI.
Updated in January 2026
Headquarter: Syracuse, Italy
Year Founded: 2024
Leadership: Stefano Buono
Industry Sectors: Nuclear energy; Advanced nuclear reactors; Lead-cooled fast reactor technology; Clean energy
Funding Round: n/a
Valuation: n/a
Is Archimede A Public Company? No, it is privately held
What Is Archimede?
Archimede Energia is an energy technology company focused on long-duration thermal energy storage, headquartered in Italy and originating from research conducted at the ENEA research center. The company is known for industrializing molten salt thermal storage technologies, with the mission of enabling decarbonization of industrial heat and power systems by storing renewable energy at scale and dispatching it when needed. Archimede positions itself as a key enabler of energy transition for sectors where electrification is difficult.
Technology & Products
Archimede’s core technology is based on molten salt thermal energy storage, using proprietary salt formulations and system designs capable of storing heat at very high temperatures for extended durations. The stored thermal energy can later be converted into electricity or delivered directly as industrial process heat, making the system suitable for both power generation and heavy industry. Archimede’s solutions are modular and designed for integration with renewable sources such as solar or surplus grid electricity, offering high efficiency, long asset life, and minimal degradation compared with electrochemical batteries.
Market Opportunity
Archimede operates in the growing long-duration energy storage (LDES) and industrial decarbonization market, driven by increasing renewable penetration and tightening emissions regulations. Energy-intensive industries—such as chemicals, metals, cement, and district heating—require reliable, high-temperature heat that intermittent renewables alone cannot provide. Archimede’s technology addresses this gap by enabling dispatchable, low-carbon energy, positioning the company to benefit from global investment in grid stability, clean industrial heat, and energy security.
Competitive Landscape
Archimede competes with other thermal and long-duration energy storage providers, as well as alternative technologies such as hydrogen and advanced battery systems. Its key differentiation lies in the maturity of molten salt technology, proven at utility and industrial scale, combined with the ability to deliver very high-temperature heat efficiently. While some competitors focus on electrical output only, Archimede emphasizes direct heat delivery and hybrid power applications, giving it an advantage in hard-to-abate sectors.
How To Buy Archimede Stock?
Archimede is currently a private company and is not publicly traded on major stock exchanges like the NASDAQ or NYSE. This means you can buy shares through a pre-IPO platform or brokerage like IPO CLUB.
Courtesy of Archimede
This company is in the pipeline of America 2030, IPO CLUB’s short-term, actively managed secondary fund focused on U.S. defense, energy, security, and AI.
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