WOBURN, MA– Daqus Energy has set up shop at 3 Gill Street, within the center of Cummings Properties’ Woburn climate tech cluster. The 3,900-square-foot facility is Daqus’ first dedicated space and will house its administrative and research and development functions.
Daqus Energy aims to accelerate the global shift toward clean, renewable energy with the introduction of a more efficient lithium-ion battery. Its fast-charging technology replaces traditional cathode materials, sourced from abroad through carbon-heavy mining practices, with common organic elements to allow for scalable low-cost, low-emission battery production.
Co-founder and CEO Dr. Harish Banda developed the technology in collaboration with luxury carmaker Lamborghini while working as a postdoctoral researcher at Massachusetts Institute of Technology. He established Daqus Energy in 2022, and was awarded an Activate Fellowship in 2024.
Cummings leasing director Steve Cusano worked with Robert Glor, co-founder of Rise’73, on the lease. According to Cusano, Daqus Energy was drawn to the existing infrastructure and turn-key lab and industrial space at Gill Street.
“Woburn’s diverse, high-value portfolio makes it especially attractive to innovators looking to become operational quickly,” said Cusano. “We were delighted to help Daqus Energy find a home where it could be up and running within just a few weeks.”
Cusano also noted the appeal of Cummings’ ability to accommodate future expansion. “With 11 million square feet of commercial space, we can typically offer clients a larger facility when the need arises, which means growing businesses are spared paying for space before they require it,” he said.
Neighboring firms in Cummings Properties’ Woburn cleantech cluster include Active Surfaces, Alsym Energy, Boston Metal, Emvolon, Phoenix Tailings, SES, VEIR, Verdox, ZwitterCo, and numerous other climate tech and energy companies.
