PUBLIC NOTICE OF ABC SALE: American Energy Storage Innovations Inc.

Sale of Intellectual Property – American Energy Storage Innovations Inc.

On May 12, 2025 (the “Assignment Date”), American Energy Storage Innovations Inc. (“AESI”) executed the General Assignment for the Benefit of Creditors in favor of AESI ABC, a Delaware Series Limited Liability Company (the “Assignee”). The Assignment is governed by Massachusetts law.

Pursuant to the Assignment, the Company transferred to the Assignee for liquidation all of the Company’s ownership of, and all of its rights and interests to and in, the Company’s tangible and intangible assets. The Assignee will, as appropriate, liquidate such assets and rights.

By way of background, American Energy Storage Innovations originated in September 2023 as a spin-out from American Battery Solutions’ Energy Storage Solutions division. The company was headquartered in Hudson, MA and was concentrated on developing its fifth-generation flagship system, TeraStor™—a factory-packaged, ultra-high-density battery energy storage solution built from proprietary LFP (lithium iron phosphate) cells and featuring advanced liquid cooling, wireless BMS, UL9540 safety certification, and modular power conversion architecture. TeraStor’s design emphasizes rapid, six-hour commissioning, reliability through simplified architecture, and strong safety measures like cell-level thermal runaway prevention.

The Assignee is seeking a buyer for the Assignor’s assets relating to proprietary research and development, patent applications for the architecture and hardware, and registered trademarks. The Assets will be sold on a “as-is, where-is” basis. The Assignee is currently in discussions with several interested parties and conducting due diligence.

The Assignee is conducting this sales process on an expedited basis and interested parties are encouraged to contact the Assignee’s team for the bidding procedures.

Parties interested in the assets of AESI, Inc. are requested to contact Jack O’Brien ([email protected]) at (872) 264-7138 or Jim Trankina ([email protected]) at (312) 263-4141.

The Assignee has retained Fox Rothschild LLP to serve as its counsel, and their contact information is below:

About DSI Assignments:
DSI Assignments specializes in providing experienced assignees to help businesses navigate financial distress. Operating within state laws, our team ensures transparent communication withcreditors, manages stakeholder expectations, and negotiates with lenders and investors toward the maximal outcome. Led by Steven L. Victor and Matthew P. Sorenson, recognized experts in restructuring, bankruptcy, and assignments for the benefit of creditors (ABCs), DSI tailors each engagement to the unique needs of the business. ABCs offer an efficient alternative to bankruptcy, and our professionals are dedicated to maximizing value and creditor recoveries for stakeholders, including secured lenders, private equity and venture capital firms, principal of the distressed business, and boards of directors.