FEOC
All Manufacturers

Form Energy

Clean
🇺🇸 United StatesSomerville, MA, USABattery Cells & StoragePrivate (venture-backed)

Last verified: 2026-04-22

Risk Summary
Country RiskLowHQ in United States (allied nation)
Entity List ExposureLowNot on any lists
Ownership RiskLowPrivate (venture-backed)
Domestic AlternativeLow19 allied/US options available

Entity List Screening

ListAgencyStatusYear
BIS Entity ListBureau of Industry and SecurityNot Listed2026
OFAC SDN ListOffice of Foreign Assets ControlNot Listed2026
DOD Section 1260HDepartment of DefenseNot Listed2026
UFLPA Entity ListCustoms and Border ProtectionNot Listed2026
SEC DisclosuresSecurities and Exchange CommissionNot Listed2026
IRS FEOC GuidanceInternal Revenue ServiceNot Listed2026

Ownership Structure

Private company. Backed by Breakthrough Energy Ventures, ArcelorMittal, others.
🇺🇸 United StatesIndividual / Shareholder
Form Energy
🇺🇸 United StatesManufacturer

Source: SEC filings, stock exchange disclosures, corporate registry data. Ownership percentages reflect most recent available disclosure.

Compliance Assessment

US-headquartered. Domestic manufacturing planned. Iron-air technology uses abundant materials. No FEOC links.

Key Factors

  • Headquartered in United States, an allied nation
  • Ownership: Private (venture-backed)
  • Has confirmed US domestic manufacturing operations
  • Not listed on any federal entity lists
  • US long-duration storage startup using iron-air chemistry. No FEOC risk. Breakthrough technology for grid-scale multi-day storage.

Products & Equipment

Iron-air batteries (100-hour duration)Long-duration energy storage systems

Domestic manufacturing confirmed

Under construction: Weirton, WV (gigafactory at former Weirton Steel site).

Other Manufacturers in Battery Cells & Storage

All manufacturers in this product category

CATL (Contemporary Amperex Technology)Flagged
🇨🇳 China
BYD CompanyFlagged
🇨🇳 China
LG Energy SolutionClean
🇰🇷 South KoreaUS Mfg
Samsung SDIClean
🇰🇷 South KoreaUS Mfg
Panasonic EnergyClean
🇯🇵 JapanUS Mfg
EVE EnergyFlagged
🇨🇳 China
Gotion High-TechFlagged
🇨🇳 China
Fluence EnergyClean
🇺🇸 United StatesUS Mfg

Data Sources

  • BIS Consolidated Screening List
  • DOE Loan Programs Office
  • Company disclosures

This information is for reference only and does not constitute legal advice. Compliance determinations should be verified with qualified legal counsel. Entity list data is sourced from publicly available federal databases and may not reflect the most recent updates.