Beacon Power Corporation, a development stage company, together with its subsidiaries, engages in the design, development, configuration, and sale of products and services to support electricity grid operation. The company’s sustainable energy storage and power conversion solutions provide electric power for the utility, renewable energy, and distributed generation markets in the United States. Its products include Smart Energy matrix and Smart Power M5 inverter system. The company’s Smart Energy matrix is a modular and flywheel-based energy storage system designed for use in grid frequency regulation and other distributed generation applications. The...