Yesterday we announced our Series C. This funding will power our next chapter: building our Austin factories, starting with Factory 1 at the former Austin American-Statesman printing press downtown.
We sat down with three of our leaders, Dino Sasaridis (Head of Hardware), Andy Ross (Head of Manufacturing), and Justin Lopas (COO & Co-Founder), to talk about what it American-made energy means for the future.
Q: Justin, Why produce your own hardware instead of using contract manufacturers like many companies and startups?
Justin: This is really part of our whole core thesis surrounding vertical integration. By virtue of designing and building the hardware ourselves, we can control costs, quality, and design intent far more effectively than outsourcing. We’re doing what’s often referred to as Final Assembly, Test, and Pack (FATP) - we aren’t mining the lithium for instance - although we may get there someday. When manufacturing your own hardware, you viscerally feel how difficult - or not difficult - it is to manufacture, and are able to iterate on design for manufacturability far more quickly. This design-build-deploy loop is highly critical to rapidly iterating on our product to make it more performant, affordable, and reliable.
Q: Dino, why open the first Base factory here in Austin Texas?
Dino: The importance of opening and ramping capacity of your factory at a location which is very near the engineers cannot be overstated. Base is headquartered in Austin, so the factory is too. For the engineers - the factory will be a home away from home. I expect the Base factory in Austin will be a proof point that high value mechanical assemblies, such as batteries, can be built in the USA, with industry-leading low costs.
Q: How will this scale? Is this a one-off or the start of something bigger?
Andy: Base Factory 1 is our pilot line where we will build the people machine along with our manufacturing machine. It is where we trial our processes, train people, and refine the design. We will be developing and refining how we run Base Factory Operations while optimizing how we build our battery systems. Once we nail it here, we’ll move towards higher levels of automation to improve our $/kWh and $/space performance for Base Factory 2. The need for resilient and affordable power is massive. This is only the beginning, and it’s incredibly exciting.