The company was founded in 2015 as a spin-off of the Fraunhofer Institute UMSICHT, and has since focused on developing the stack - the energy converter of a redox flow battery - using a unique manufacturing process. Their innovative energy systems, such as the powerRFB, are scalable and meet high industrial demands. Volterion's technology has won several awards, including the ACHEMA Energy Founders Award, the TU Startup Award, the KUER Growing Business Award, and the Best Pitches Award. Their systems and stacks are based on patented new materials and manufacturing processes, making them recyclable, safe, and non-flammable.