NOMAD Transportable Power Systems Names Paul Coombs CEO
Transition shifts Coombs from KORE Power to NOMAD to oversee upcoming growth in company’s mobile energy storage deployments
WATERBURY, Vt.–(BUSINESS WIRE)–Paul Coombs has been named CEO of NOMAD Transportable Power, bringing the accomplished executive leader to the mobile energy solution provider from KORE Power, where he led efforts to bring in millions in private capital to support domestic lithium-ion battery cell manufacturing.
“NOMAD is entering a period of significant growth and is expanding beyond its founding as a partnership between KORE Power and the former Northern Reliability. We needed a leader with a track record of successfully growing companies and navigating the demands of supply chain challenges, workforce development and raising capital,” said NOMAD Chairman Jay Bellows.
Coombs, who was a co-founder of KORE Power, came to the energy storage industry after decades of leading growth, securing capital, and managing mergers and acquisitions for projects across the globe. At KORE Power, he led the acquisition of Northern Reliability, which was re-launched as KORE Solutions, and guided the site selection process that resulted in the KOREPlex manufacturing facility project landing in Arizona.
“Since the NOMAD’s product launch last year, the company has seen significant interest from buyers in national defense, commercial and industrial sectors, and electric utilities. To meet this demand, the company is entering a period of rapid growth,” said Coombs. “I am joining a talented team and look forward to helping NOMAD reach the true potential of its innovative product line.”
NOMAD is a first mover in the utility, commercial and industrial-scale mobile energy storage sector and was founded to meet demands for a more flexible, transportable battery energy storage system. NOMAD’s business objective is to sell mobile energy storage systems and provide energy storage as a service. The units combine a fully enclosed trailer chassis with high-energy density lithium-ion battery cells and a proprietary docking system to deliver their customers a plug-and-play energy storage solution. NOMAD units combine the benefits of a fixed-site energy storage system that can be relocated, enabling a single unit to serve multiple locations for seasonal, intermittent (outages), or temporary use (capital deferral), increasing asset utilization versus a fixed asset.
The NOMAD portfolio offers three units:
The Traveler (2 MWh)
The Voyager (1.3 MWh)
The Rover (660 kwh)
About Nomad Transportable Power Systems, Inc.
Nomad Transportable Power Systems, Inc. (“NOMAD”), is a Vermont-based company formed by KORE Power in 2020 to provide the energy industry with a standardized mobile energy storage platform. NOMAD is the first entrant into the mobile lithium-ion energy storage space and combines its patent-pending, over-the-road storage units with a standardized docking platform capable of interconnection with any distribution or transmission utility. The NOMAD system was designed from the onset to provide its customers all the benefits of fixed site energy storage, while eliminating both the capital commitments and long-term obligations that traditional energy storage requires.
Contacts
David Jakubiak
djakubiak@aileronic.com
(708) 299-7733
Aleysha Newton
anewton@nomadpower.com
(208) 758-9392
