Yeah it's not a Redox Flow battery afaik and I assume the cells are not in free liquid form as per the VRB we are all familiar with.
They've been working on it for a while and each progressive milestone sounds more and more progressive so it seems like it has the potential to be legit.
A bit of $$$ behind it too by the looks !!
AVL: Preparing for a rerate., page-479
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