Form Energy, Inc.

Form Energy, Inc. Control No. 3387-1981 Vision Open 2024 Project Title: Regenerative Metal Fuels for Renewable Energy Transmission Without Wires Form Energy (form), Along With Mit and Propel Aero, Is Proposing a Novel Approach to Large-scale, Dynamic Energy Transport Utilizing Electrochemical Processes and Existing Logistics Infrastructure. Form Energy, Inc. Is Developing a Metal-air Fuel Cell, Which Uses Metal Fuel Reacted With Oxygen to Generate Power. the Metal Fuel Can Then Be Regenerated Using Electricity. This Project Will Allow for Cost-effective and Safe Transport of Energy Dense Materials and Address the Time and Cost Limitations of Building New Electrical Transmission Lines.

Committed

$3.5 Million

Paid to

Form Energy, Inc.

UEI WYDKF1NKNMR9

30 Dane ST, Somerville, MA, 02143

Department of Energy

Place

SOMERVILLE, MA, UNITED STATES

MA-07

Performance

Jan 21, 2026 → Jul 20, 2028

How to read these numbers

One award, start to finish: Everything here is this single award's whole record — signed, amended, paid — not a fiscal-year slice. The by-year charts elsewhere split an award across the years it was committed; this page keeps it whole.
Committed vs. ceiling: Committed is what the government has legally promised on this award so far. Contracts can also carry a ceiling — the maximum if every option is exercised. Unspent ceiling is headroom, not money owed.
Paid out: The cash actually disbursed against this award. The gap from committed is the disbursement pipeline: promised, not yet cashed.
The ledger: Each transaction is a signing event — an action that created or changed the award, dated the day it was signed — not a payment. Negative amounts are real: money de-committed at closeout or renegotiation.
The money bar: One bar, the award’s whole arithmetic: paid out, then committed, not yet paid, then .

Source

This award on USAspending.gov ↗

Federal grant · cooperative agreement (b)

Department of Energy

Advanced Research Projects Agency - Energy to

Form Energy, Inc.

Committed

$3.5 Million

Paid to

Form Energy, Inc.

UEI WYDKF1NKNMR9

30 Dane ST, Somerville, MA, 02143

Department of Energy

Place

SOMERVILLE, MA, UNITED STATES

MA-07

Performance

Jan 21, 2026 → Jul 20, 2028

How to read these numbers

One award, start to finish: Everything here is this single award's whole record — signed, amended, paid — not a fiscal-year slice. The by-year charts elsewhere split an award across the years it was committed; this page keeps it whole.
Committed vs. ceiling: Committed is what the government has legally promised on this award so far. Contracts can also carry a ceiling — the maximum if every option is exercised. Unspent ceiling is headroom, not money owed.
Paid out: The cash actually disbursed against this award. The gap from committed is the disbursement pipeline: promised, not yet cashed.
The ledger: Each transaction is a signing event — an action that created or changed the award, dated the day it was signed — not a payment. Negative amounts are real: money de-committed at closeout or renegotiation.
The money bar: One bar, the award’s whole arithmetic: paid out, then committed, not yet paid, then .

Source

This award on USAspending.gov ↗