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Electriq Power files for bankruptcy, liquidates assets

Electriq Power Files For Bankruptcy Liquidates Assets

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Small-scale energy storage manufacturer Electriq Power filed for Chapter 7 bankruptcy on May 3, 2024, and has now engaged with Moecker Auctions to liquidate over $18 million in assets.

Electriq Power was founded in Silicon Valley in 2014. Last year, the manufacturer merged with publicly traded acquisition company TLGA.

Items to be auctioned include extensive lithium-ion battery lines, solar panels, proprietary software and other intellectual property. Bids are being accepted for a bulk purchase of all assets and by product line.

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