Despite these efforts, Moxion faced mounting financial pressures that ultimately led to its Chapter 7 filing. The company had gained attention earlier this year when it supplied its mobile power units to a music festival north of San Francisco, marking the event as the first-ever U.S. festival to be powered entirely by no-emission batteries. Moxion also partnered with Southern Co. to power a PGA event, further boosting its profile in the clean energy market.
Moxion Files For Chapter 7 : Bankruptcy Proceedings
Moxion’s Chapter 7 case, officially titled In re: Moxion Power Co., case number 24-11835, is being handled by the U.S. Bankruptcy Court for the District of Delaware. The Chapter 7 filing indicates that Moxion will liquidate its assets to pay off creditors, effectively ceasing operations.
The bankruptcy marks a significant setback for Moxion and its investors, including Amazon and Microsoft, who had supported the company’s vision of revolutionizing mobile power generation with environmentally friendly solutions.
