Base Power Hits $13B Valuation on $1B Series D

Summary

Podcast Summary: Sourcery with Molly O’Shea

Episode: Base Power Hits $13B Valuation on $1B Series D
Date: August 3, 2026
Guests: Justin Lopez (Base Power), Base Power Engineer/Factory Lead

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Episode Overview

This episode dives into Base Power's incredible growth following their $1 billion Series D funding round — at a $13 billion valuation — and the official launch of Basecore, their game-changing 40kWh home battery. With a factory walkthrough in Austin, Texas, Sourcery uncovers how Base Power fuses vertical integration, rapid scaling, and smart business models to disrupt home energy storage and power supply. The candid conversations cover technical, business, and even personal perspectives, offering an immersive snapshot of how the company is building the “largest standalone home battery on the market.”

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Key Discussion Points and Insights

1. Funding and Launch of the Basecore

• Base Power’s Milestone: Raised $1B in Series D financing, quickly following their Series C, with participation from Ribbit Edition, Valor, and JP Morgan Chase.
  • Quote: “Basepower just raised a $1 billion Series D at a $13 billion valuation… just 10 months after their $1 billion Series C.” (00:00, Host)
• Product Announcement: Launch of Basecore, designed as the largest standalone home battery available — 40kWh capacity, 20kW inverter, “like three what you would find in a traditional home battery.”
  • Quote: “So it’s a 40 kilowatt hour system and 20 kilowatts on the inverter. This is like three what you would find in a traditional home battery…” (00:26, Factory Lead)

2. Facility and Production Scaling

• Rapid Build-Out: The dedicated facility’s production line was operational in just six months, with aggressive hiring across all roles bringing the team to 100+ people.
  • Quote: “Where we’re standing right here, all of this is… less than six months old… It’s been a super rapid increase in our production capacity...” (01:20, Factory Lead)
• Production Goals: Targeting 4,000 units/week by year-end, which is “like one every few minutes.” Currently installing over 100 units per day.
  • Quote: “We’ll be able to produce about 4,000 of these units per week towards the end of the year. That’s like one every few minutes, which is very, very quick.” (21:45, Factory Lead)

3. Installation Simplicity and Whole-Home Backup

• Plug-and-Play Install: Unique quick-connect design means installation requires minimal time and expertise — “almost like plugging in an EV.”
  • Quote: “You don’t have to do any wiring. You don’t have to, like, cut and strip wire or fish it through conduit… It’s almost like plugging in an EV.” (04:49, Justin Lopez)
• Whole-Home Solution: Unlike competitors, Basecore backs up the entire home, not just selected circuits.
  • Quote: “We said, why don’t we back up everything in the home and build a system that can do that?” (03:15, Justin Lopez)
• Failover Demonstration: During outage, the transition to battery is seamless and nearly instantaneous.
  • Quote: “Oftentimes our customers will be backed up by the battery and they won’t even know because there’s no outage in between because the battery flips over so quickly.” (05:47, Justin Lopez)

4. Market Strategy and Energy Sales Models

• Retail Choice Markets: In regions like Texas (Houston, Dallas), customers can buy electricity directly from Base Power, leveraging their battery network to keep costs low.
  • Quote: “In retail choice markets… you can sign up for our service and we sell you power… we are maintaining your lower cost of energy because we have these batteries on your neighbor’s homes.” (07:28, Justin Lopez)
• Utility Partnership Model: In non-choice markets (e.g., California, El Paso), Base Power partners with utilities; utility manages the battery and pays Base for access.
  • Quote: “We still put the battery on the home… but the utility controls it. And then they pay us for access to the battery.” (08:32, Justin Lopez)

5. Technical Deep Dive and Automation

• In-house Manufacturing: R&D, assembly, and testing all colocated for fast feedback and hardware iterations.
  • Quote: “Why do we make it ourselves versus like pay somebody else to make it? It’s a vertical integration thesis… We can cut down cost, we can reduce lead time, we can change the hardware much more quickly…” (14:48, Factory Lead)
• Mix of Manual and Automated Processes: Automation used where efficient; skilled human work remains critical for complex hands-on steps.
  • Quote: “A mix of basically manual versus automated. And the reason for that is some things are really hard to automate and humans can do them a lot better.” (12:59, Factory Lead)
• Own Manufacturing Execution System (MES): Custom software powers manufacturing metrics, equipment utilization, and traceability.
  • Quote: “The MES, as it’s called… the software and all of the monitors is all what we’ve written that controls robots and controls the traceability…” (12:59, Factory Lead)

6. Battery Engineering and Resilience

• Module Design: Each Basecore contains four 40-pound battery modules, dense with energy, assembled via robotics and friction stir welding for durability and water resilience.
  • Quote: “We put this lid on and it welds the whole thing shut. So now it’s all one sealed unit. This can be submerged in water… if it floods, you’re totally fine.” (20:21, Factory Lead)
• Long-Term Reliability: Ongoing R&D to “install the thing… and then not touch it for 15 years.”
  • Quote: “We’re doing like reliability testing primarily… it takes like an hour or two and then not touch it for 15 years.” (08:56, Factory Lead)

7. Company Culture and Personal Motivations

• Factory Team: Strong sense of mission to reshore manufacturing and give skilled trades new opportunities.
  • Quote: “We want to bring manufacturing back to the US is something I’m very passionate about. And we’re able to do with a big factory like this.” (15:08, Factory Lead)
• Installation Team: Electricians are central — delivering the product, interacting with customers (“members”), and enjoying the variety and autonomy.
  • Quote: “I’d be an electrician. For sure. I find wiring actually super interesting and fun… you get to go all around the city and see various different neighborhoods.” (23:15, Factory Lead)

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Notable Quotes & Memorable Moments

• On Product Differentiation:
  “If you look at other competitive battery products… they’re like small, typically wall mounted, take a long time to install, and aren’t really focused on supporting the grid… This is a totally different play on grid batteries.” (14:18, Factory Lead)

• On Automation’s Limits:
  “When the hands on humanoid robots get very good, then I think there’s an opportunity.” (13:28, Factory Lead)

• On Seamless Backup:
  “We actually made that gap like a few seconds for dramatic effect. But actually you don’t even know. So oftentimes our customers will be backed up by the battery and they won’t even know.” (05:47, Justin Lopez)

• On Company Values:
  “We call our customers members, our members. They’re the one interface that we have physically… You get to go all around the city and see various different neighborhoods… which is a ton of fun.” (23:14, Factory Lead)

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Timestamps for Key Segments

• 00:00 – 01:20: Series D announcement and Basecore product specs
• 01:20 – 02:18: Rapid facility build-out and hiring
• 03:01 – 04:48: Whole-home backup and installation walkthrough
• 05:42 – 06:53: Demonstration of battery operation and failover
• 07:28 – 08:52: Market structure & business models (retail choice vs. utility partnerships)
• 08:56 – 10:01: R&D and reliability testing
• 12:59 – 15:08: Automation, MES, and vertical integration
• 16:02 – 18:14: Factory robotics, battery assembly, and technical deep dive
• 20:21 – 21:45: Welding, final assembly, and production speed
• 22:36 – 23:14: Field installation scale and field team
• 23:15 – 24:17: Cultural and personal reflections

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Final Takeaways

Base Power's exponential ascent is backed by bold vision and execution — from record fundraises to smart product design, relentless scaling, and a nimble, mission-driven team. Their Basecore battery stands to redefine resilience, affordability, and grid support for homeowners, with a business model equally adept at retail and utility partnerships. The company’s blend of vertical integration, automation, and skilled people power demonstrates how an American manufacturer can disrupt—and reshape—the landscape of home energy.

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(Summary skips all advertisements and sponsor reads. For the full conversation and all insights, listen to the complete episode of Sourcery.)

Transcript

[Host/Announcer]

Basepower just raised a $1 billion Series D at a $13 billion valuation, led by Ribbit Edition, Valor and JP Morgan Chase, bringing total funding over $2.5 billion. Just 10 months after their $1 billion Series C, today they're launching Basecore, the largest standalone home battery on the market.

[Justin Lopez]

So this is actually the base core. This is what we're announcing. It's almost like plugging in an ev and so they stack up the modules inside and the inverter and then they just plug everything in.

[Base Power Engineer/Factory Lead]

So it's a 40 kilowatt hour system and 20 kilowatts on the inverter. This is like three what you would find in a traditional home battery. So these are battery cells. Inside of this is a bunch of chemistry that basically stores energy so you can charge and discharge it. We're not there yet, but we'll be able to produce about 4,000 of these units per week towards the end of the year. That's like one every few minutes, which is very, very quick.

[Justin Lopez]

Let's say that the grid goes off. You can see like grid goes off,

[Base Power Engineer/Factory Lead]

but, oh, the battery.

[Interviewer/Reporter]

So last time I talked with you guys was your Series C back in October, where you raised a billion dollars. Congratulations on another billion dollars and a $13 billion post valuation.

[Base Power Engineer/Factory Lead]

Thank you.

[Interviewer/Reporter]

But this doesn't exist. So how long did this whole facility take?

[Base Power Engineer/Factory Lead]

Yeah, so we moved in here in September, October of last year, but the production line really only got started, started getting built in February or March of this year. So, like where we're standing right here, all of this is, you know, less than six months old. We were doing some warehousing and distribution stuff for the six months prior to that. But this all has come together super quickly. And if you came here in the morning, you see like most of the people that we've brought on also have started in the last six months that are working in the factory. So it's been a super rapid increase in our production capacity and all of our team that's producing.

[Interviewer/Reporter]

And how many people work in this facility?

[Base Power Engineer/Factory Lead]

We've got about 100 now. Yeah, we got about 100 and then we're going to be starting a second.

[Interviewer/Reporter]

How many floors is this? Is it just one floor?

[Justin Lopez]

Just one floor?

[Base Power Engineer/Factory Lead]

Yeah.

[Interviewer/Reporter]

Really?

[Base Power Engineer/Factory Lead]

Yeah. I'll show you the.

[Interviewer/Reporter]

The building looks huge.

[Base Power Engineer/Factory Lead]

There's a, there's a multi floor office that we don't use. That's not part of our lease. But yeah, we've got three floors in our hq, one major production floor here. And then we've Got a big warehouse back there too.

[Interviewer/Reporter]

And you guys are hiring?

[Base Power Engineer/Factory Lead]

We're hiring a ton. Yeah. Hiring across all roles.

[Interviewer/Reporter]

All roles.

[Assistant/Support Staff]

Cool.

[Interviewer/Reporter]

All right, so we're here at Base Power in Austin, Texas, specifically in the neighborhood with Justin Lopez. How are you? Good.

[Justin Lopez]

How you doing? Thanks for coming.

[Interviewer/Reporter]

Pretty good. So you're gonna walk us through Base?

[Justin Lopez]

Yeah.

[Interviewer/Reporter]

And something very special that just got released.

[Justin Lopez]

Yes. Let's do it. So Base designs and manufactures batteries. We're about to show you where they're made, and this display shows you how they're installed on a home. So the batteries provide backup power for homeowners. So if the grid goes off, the

[Base Power Engineer/Factory Lead]

battery backs you up.

[Justin Lopez]

And also when the grid's up and running, provides the grid support. So when there's tightness on the grid from everybody plugging in their EVs and turning on their AC and it's hot in the summer or very cold in the winter here in Texas or anywhere

[Base Power Engineer/Factory Lead]

else, the batteries provide that support, but

[Justin Lopez]

here's how they're hooked up. So the way that it works is grid typically comes in into your meter. This we don't install. This is the utility meter. We just put our logo on it for this display. And then normally it goes straight from here into your electrical panel, and the electrical panel then distributes it to your washing machine and your refrigerator and all that. But instead, when we come, we basically break that connection, and we install our system right here and on the ground over there in the middle. So the way that this works is electricity comes in through the meter, goes out of the meter into our disconnect box, which I'll explain in a minute, and then comes out of our box and into the electrical panel. This is important because this provides what's called whole home backup. So oftentimes, many batteries in the market will only backup certain circuits on your home, and you have to pick those circuits when it's getting installed. And so maybe you won't back up your washing machine, but you will your refrigerator. That's a bummer. And so we said, why don't we back up everything in the home and build a system that can do that? And so that's how we've done it. This box is also designed by us. It looks gray and boring, and that's

[Base Power Engineer/Factory Lead]

on purpose for regulatory reasons.

[Justin Lopez]

But this is actually. There's a lot of smartness in here. And what this does is it does all the telemetry and all the data collection, and also it controls the system. This is installed by an electrician, highly skilled electrician takes an hour or two, sometimes three, depending on where it is. And then that's it. That's all the electrician does. And then later on the next day, typically the delivery drivers come and they install this. So this is actually the base core. This is what we're announcing.

[Interviewer/Reporter]

This is base core.

[Justin Lopez]

This is the new product. And so this actually has a quick connect on that disco inside and a quick connect here. So you don't have to do any wiring. You don't have to like cut and strip wire or fish it through conduit. All these things that like require a lot of skill sets and take a lot of time and are very expensive. We don't do any of that. It's almost like plugging in an ev. And so they stack up the modules inside and the inverter and then they just plug everything in. That takes like, you know, however long it takes to walk from the truck to stack these heavy modules, basically. So 15 minutes, 30 minutes, etc. They have a little phone app that allows them to turn it on and make sure it works and then that's it. And then this also allows you to plug in a generator. So if there's a super long duration outage where like the battery doesn't back you up for the whole period of time, say it's a few days or even a week, you can top off the battery with one of those little like pull start generators. And that's it, that's the product.

[Interviewer/Reporter]

Wow. Do you want to do the.

[Base Power Engineer/Factory Lead]

Oh yeah, we can do the thing.

[Assistant/Support Staff]

Yeah.

[Interviewer/Reporter]

So flip the flap.

[Base Power Engineer/Factory Lead]

Okay.

[Justin Lopez]

So if you look at where the, where the lights are, this is like showing the flow of electricity. So the grid is powering the home. And in this mode right now we're charging the battery so you can see the electricity going into the battery. But let's say that the grid goes off. If you want to like point the camera at the window, you can see like grid goes off, but then the battery back on and now the battery is backing up. We actually made that gap like a few seconds for dramatic effect. But actually you don't even know. So oftentimes our customers will be backed up by the battery and they won't even know because there's no outage in between because the battery flips over so quickly. And now you can also see battery energy going into the panel and then into the home.

[Interviewer/Reporter]

Damn. And so you're a bit of a, an electrician yourself.

[Justin Lopez]

I'm a very amateur electrician, but yeah, I do some electrical work at My house and such. But yeah, we have actual real electricians that actually install these things who are licensed and trained and much, much more highly skilled than me.

[Interviewer/Reporter]

And you said it takes how many people and how many hours to get this installed?

[Justin Lopez]

So this box is like an hour

[Base Power Engineer/Factory Lead]

or two, typically by an electrician.

[Justin Lopez]

And then that box is like less than an hour by two guys, just because it's like, it's heavy.

[Interviewer/Reporter]

And so I'm in California. We only have one power service provider. Yeah, you're sharing how you're in Texas.

[Host/Announcer]

There's multiple options.

[Interviewer/Reporter]

So I'm going around to different offices and I'm going to be sure that they choose you next. But like, can you walk through that process? Like, how do you get to choose? And what are the.

[Host/Announcer]

What's the main difference between the offerings?

[Justin Lopez]

Yeah, totally. So there's basically two types of electricity markets in the US there's retail choice, meaning you can choose who you buy your power from. And then there's not retail choice. And so in California is mostly a non retail choice market. And Texas, for the most part, but not all of Texas is a retail choice market. So what that means is that you can choose who you buy your power from. So outside of batteries, and we offer this without a battery, you can sign up for our service and we sell you power. So if you use, you know, 1,000 kilowatt hours in the month, we sell you 1,000 kilowatt hours and that's what we bill you for. And on the back end, we are maintaining your lower cost of energy because we have these batteries on your neighbor's homes. Now that's in the retail choice markets. So like Houston and Dallas and parts north of Austin and in the Chicago area, those are all retail choice markets. And so that's what we do in the non retail choice markets. So like California. We don't operate in California yet, but places like El Paso is an example where we operate. Those markets you can't choose where you

[Base Power Engineer/Factory Lead]

buy your power from.

[Justin Lopez]

So like PG&E is the only game in town. If you want electricity, that's it. And so in those markets, we partner with the utility. We still put the battery on the home. We own the battery, but the utility controls it. And then they pay us for access to the battery. So that's how we recoup the cost of the battery, so to speak. And that's our business model in those markets.

[Assistant/Support Staff]

Cool.

[Interviewer/Reporter]

Should we see the factory?

[Base Power Engineer/Factory Lead]

Let's do it.

[Sponsor/Ad Voice]

Okay.

[Base Power Engineer/Factory Lead]

Okay. So basically we're doing three things in this building. The first is R and D. So here, each one of these silver boxes is what's called a thermal chamber. So these are basically like hot, cold, high humidity, low humidity. And we're doing like reliability testing primarily. So, like, we want to be able to install the thing for, you know, it takes like an hour or two and then not touch it for 15 years.

[Assistant/Support Staff]

Right.

[Base Power Engineer/Factory Lead]

And so that turns out it's like a harder technical problem than you think. And so like that one right There is at 85 humidity and 85 degrees C, which is like hotter than it would ever get on on earth to like simulate extreme temperatures. Yeah, and so. Exactly, exactly. These are units that don't have their skins on. So you can kind of see what this looks like. So there are four of these battery modules and then one inverter. So this obviously has some test equipment on it, but essentially when you take all the covers off, this is what it looks like inside. And these are all made here, which is what I'm about to show you. Oh, wow.

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[Interviewer/Reporter]

Y so how big is the battery? In kilowatt hours?

[Base Power Engineer/Factory Lead]

So it's a 40 kilowatt hour system and 20 kilowatts on the inverter. This is like three times larger than what you would find in a traditional home battery. And that's purposeful.

[Justin Lopez]

Like we want to put as much

[Base Power Engineer/Factory Lead]

power and as much energy on a

[Justin Lopez]

home as we can.

[Base Power Engineer/Factory Lead]

Because our install costs are basically the same whether or not we install, you know, 5 or 40 kilowatt hours.

[Interviewer/Reporter]

Have you put anything on the newspaper line?

[Base Power Engineer/Factory Lead]

No, no, we haven't. That's decommissioned, unfortunately. We. We've walked around on it, but not.

[Interviewer/Reporter]

You walked around on it.

[Base Power Engineer/Factory Lead]

We had some people walk around on it to do some maintenance up there. But no, we have not. Okay, we're not. But anyways, this is the end of the module line. So the module line comes towards us and what it produces essentially, is. Let's see if there's one in here. Yeah, this one's empty. These are all empty, I guess, but we haven't. Because we're just producing more. But essentially we pack them out into these boxes, the. The end of the line, the inverters that look like what's on the shelf over there. And so if you walk this way, Again, this is all empty right now. But normally you'd see parts running through here. So each station has a different. A different purpose. We also designed all of the software. So the mes, as it's called, manufacturing, Execution System, the software and all of the monitors is all what we've written that controls robots and controls the traceability and all this other stuff. So you can see this line is like semi automated, semi manual. So we have an automated potting operation. We have a manual screwing operation. There's an automated test on the other side of the line at the end of the line. And so we've done a mix of basically manual versus automated. And the reason for that is some things are really hard to automate and humans can do them a lot better. And so why we waste time on it.

[Interviewer/Reporter]

Do you foresee any humanoid robotics in here someday?

[Base Power Engineer/Factory Lead]

Yeah, for sure. I think the challenge that we have, and a lot of things that are hard to automate physically, have very high dexterity. And so when the hands on humanoid robots get very good, then I think there's an opportunity.

[Interviewer/Reporter]

There was one that just went viral.

[Justin Lopez]

I saw this.

[Base Power Engineer/Factory Lead]

Yeah, yeah.

[Assistant/Support Staff]

Oh, shit.

[Base Power Engineer/Factory Lead]

I saw that. I saw that. Yeah, that. It's hard though, like. Because, like, for instance, you know, one of the steps here is to, like, install a little screw, right? And so you have to, like, hold the screw and hold the. Hold the torque gun and like place it very carefully inside of the printed circuit board. And you can't mess up because there's a bunch of components around it. And so that's really hard to automate. And so we have a, we have a, a person that is here doing this or installing connectors on the other side of the line. So just depends on what the process is.

[Interviewer/Reporter]

So why are you guys building this? You could have kept on building it and installing it. Why build it yourself?

[Base Power Engineer/Factory Lead]

Yeah, I mean, I think like the fundamental thing is that the, the use case for the battery, which is really focused on backing up a home for a long period of time and being supportive of the grid, is different than most home batteries, which are typically paired with solar. So if you look at other competitive battery products that are like sold mostly to wealthy people at very high cost, they're like small, typically wall mounted, take a long time to install, and aren't really focused on supporting the grid. And the business model isn't oriented towards that.

[Assistant/Support Staff]

Right.

[Base Power Engineer/Factory Lead]

They're like just sold to typically wealthy people. This is a totally different play on grid batteries. Instead of big shipping container batteries, we chopped it up into a bunch of little pieces. We put it at the edge of the grid. That's what this is. This is a grid focused battery. Then why do we make it ourselves versus like pay somebody else to make it? It's a vertical integration thesis.

[Assistant/Support Staff]

Right.

[Base Power Engineer/Factory Lead]

We can cut down cost, we can reduce lead time, we can change the hardware much more quickly because we can change. We can have the engineer drive the golf cart or run over here and go change something on the line from hq. And so it's just like, it's a control thing. And also like, we want to bring manufacturing back to the US is something I'm very passionate about. And we're able to, we're able to do with a big factory like this.

[Assistant/Support Staff]

Cool.

[Base Power Engineer/Factory Lead]

So this is the unit we've got. These are the, this is the end of the line also for the battery module. So you can see that these are, these were built today here. So there's two lines here. They're the exact same thing. They just double the output. And so the beginning of the line starts over here.

[Interviewer/Reporter]

Damn, these are some robot arms.

[Base Power Engineer/Factory Lead]

Serious automation.

[Interviewer/Reporter]

These are crazy.

[Base Power Engineer/Factory Lead]

Yeah. So it starts life as a, as a big aluminum box. And this comes from one of our suppliers. This is all to our design. Afterwards it goes into this big robotic assembly cell. And so what this does is this basically creates. If you look through here, Molly, you can kind of see, you see those like racks that are facing down on the right side here? Those are groups of cells. You see that on those like downward facing racks. So those are groups of cells and those are created over here by this robotic Cell. So the first robot applies a layer of glue and then the second two robots place those battery cells into the enclosure and all. If you look on all these carts, they're all, they're not moving right now, but they're, they're driven automatically. So they follow this tape on the floor and they go into the cell here.

[Interviewer/Reporter]

That's crazy. How did you guys learn how to do this?

[Base Power Engineer/Factory Lead]

So we've hired a lot of great people who have worked on automated assembly systems before at various different high volume companies. Some automotive, some not. And look, I mean, this is like cool engineering and awesome, but we didn't invent the robots, right? The robots. We buy the robots and we program them and we use them for our use case. One of those stacks over there is basically this. If you want to sit down.

[Interviewer/Reporter]

Yeah, I wanna. No, I can, I can totally carry it.

[Assistant/Support Staff]

This is like 40 pounds.

[Base Power Engineer/Factory Lead]

Yeah. And there's. Oh my God, there's 40 of them. There's four of them in there.

[Interviewer/Reporter]

Oh, so it is 40 pounds.

[Base Power Engineer/Factory Lead]

No, no, there's four of these inside the module.

[Assistant/Support Staff]

Oh.

[Base Power Engineer/Factory Lead]

And it's like 110 pounds. So it's like 25 pounds.

[Assistant/Support Staff]

Let me try that again. It was 25 pounds. Yeah, totally 25 pounds.

[Base Power Engineer/Factory Lead]

Yeah.

[Assistant/Support Staff]

It's so heavy.

[Base Power Engineer/Factory Lead]

So cells are dense. So these are battery cells. And what's right behind me creates this. So it stacks up the cells, it puts a little fire break in between, it puts these bands on and then it puts the end caps on and compresses all of it so it's all one big block.

[Interviewer/Reporter]

So for people who don't know how batteries work, can you explain the architecture of a battery?

[Base Power Engineer/Factory Lead]

Yeah, sure. So a battery is made up of a bunch of cells. Each one of these blue boxes is one cell. And so our batteries have a few tens of cells in them. Inside of this is a bunch of chemistry that basically stores energy so you can charge and discharge it. And then as you can see on the top, there's a plus and a minus. So it's just like a 9 volt battery, you know, in your remote control for your TV, but much bigger.

[Interviewer/Reporter]

And you can't dispose of these in your normal garbage.

[Base Power Engineer/Factory Lead]

You should not dispose of these. Well, don't dispose of any of these because we own them. But in general, yes, you cannot dispose of these in your normal garbage.

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[Host/Announcer]

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Learn [e-mail] Some of you may not

[Host/Announcer]

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[Base Power Engineer/Factory Lead]

batteries come through there, they go into this big box that we've designed inside of there. We won't show you the details, but that's a welder. And so what that does is it creates these little welds here on top. So you see those little C shapes right there? So those are where the battery. Battery tabs are joined to each other. And that's what electrically connects all of it. We just have these covers on here for safety when we're not working on it. And then it comes through here. There's a few more manual and test steps. And then it goes in one of these two pieces of equipment here. It's called a friction stir welder. And so what that does, this is one that came out of the friction stir welder. What that does is it creates this weld. So we put this lid on and it welds the whole thing shut. So now it's all one sealed unit. This can be submerged in water if we don't, obviously don't desire it to be. But if you're in Houston or somewhere on the coast in Florida, if it floods, you're totally fine. And then there's a few more test steps and then it goes out the door. And all of this is all managed by, if you look on the screen here, all of our own software. So we manage units per hour, equipment utilization, and all of our other important production metrics.

[Interviewer/Reporter]

So how many, how. How many hours does it take to make one of them?

[Base Power Engineer/Factory Lead]

So it's less than an hour to go from start to finish through the whole thing? Yeah, it's like 10, 15 minutes. But more importantly is how many we produce every. Every minute. And so we're not there yet, but we'll be able to produce about 4,000 of these units per week towards the end of the year. And so, like, that's like one every few minutes, which is very, very quick. And so these little robots are driving around and if you were here during the day, you'd see them cycling.

[Interviewer/Reporter]

Oh, I understand why.

[Base Power Engineer/Factory Lead]

This is why. This is why you want.

[Interviewer/Reporter]

You wanted me to come during the work hours and I was like, I can't.

[Base Power Engineer/Factory Lead]

Yeah, yeah, happy to have you back whenever. But there's this line and then that line over there, and then there's the inverter line, and then we're building a new factory out by the airport.

[Assistant/Support Staff]

Cool.

[Interviewer/Reporter]

Amazing. And so you're installing 100 a day

[Base Power Engineer/Factory Lead]

right now we're installing over 100 a day, and we're going to hopefully double that here pretty soon. So we've got more than 100 people now out in the field that are doing installs, running around, doing deliveries. We do our own logistics. So a lot of what you see here is cool inside of the four walls, but where the, where the rubber really hits the road is like literally on the road going to the homes. And so we install, like I said, Over 100 of these things a day right now.

[Interviewer/Reporter]

So if you didn't have your job, which one of these roles specifically in, I guess like the factory side of things or in the install side of things?

[Base Power Engineer/Factory Lead]

Yeah.

[Interviewer/Reporter]

Would you want.

[Base Power Engineer/Factory Lead]

Oh, I'd be an electrician. For sure.

[Interviewer/Reporter]

You'd be an electrician.

[Base Power Engineer/Factory Lead]

I find wiring actually super interesting and fun. It's like, it's a technical puzzle basically, of like, what connects to what in what, what order. And to do it safely and effectively, you get to interface with our. We call our customers members, our members. They're the, they're the one interface that we have physically with the member, because they knock on door and say, hey, we're going to be on the side of your house, turn off the power for a few minutes while things are being installed. And you get to go all around the city and see various different neighborhoods. I mean, we're installing. You know, one electrician is installing multiple of these things a day. And so if you're in Dallas or Houston or Austin, you're getting to see the whole city, which is a ton of fun.

[Interviewer/Reporter]

Pretty cool. Did you make any bombs as a kid?

[Base Power Engineer/Factory Lead]

I did not make bombs.

[Assistant/Support Staff]

I'm just kidding.

[Base Power Engineer/Factory Lead]

No bombs. I worked on cars. Nothing that exploded, though. On an oil rig. I worked on an oil rig as a. As an intern. Yeah.

[Interviewer/Reporter]

You worked on an oil rig as an intern?

[Base Power Engineer/Factory Lead]

Yeah, as an oil field service intern. It was in a land rig, not a. Not like a rig on the water.

[Assistant/Support Staff]

Oh.

[Base Power Engineer/Factory Lead]

Like a drilling rig. But in west.

[Interviewer/Reporter]

Not really the same, but yeah, I get it.

[Base Power Engineer/Factory Lead]

Yeah. Yeah. Like the show Landman. It's like the show Landman.

[Interviewer/Reporter]

Exactly like There Will Be Blood.

[Base Power Engineer/Factory Lead]

Yeah.

[Justin Lopez]

Yeah.

[Base Power Engineer/Factory Lead]

Okay, cool. That's it.

[Interviewer/Reporter]

Anything else?

[Base Power Engineer/Factory Lead]

I think that's it covered it all.

[Interviewer/Reporter]

Base Power Buy your power from the best power on earth and that's base power power.

[Sponsor/Ad Voice]

Hey, it's Molly.

[Host/Announcer]

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