MBAK Energy Solutions Stock Price, News & Analysis

MBAK Energy Solutions, Inc. (OTC:MBAK) is engaged in the development, manufacturing, and commercialization of non-fossil fuel energy products. According to company disclosures, MBAK focuses on the design and production of lithium, sodium, and solid-state batteries that support a range of modern energy and mobility applications. Its shares trade on the OTC market under the ticker symbol MBAK, following a change from the former symbol ALYI.

The company reports expertise in battery technologies that serve industrial, medical, portable electronics, and electric vehicle (EV) applications. By concentrating on non-fossil fuel energy products, MBAK positions its business around electrification and storage solutions that can be used in mobility, grid support, and backup power contexts. The company highlights reliability, safety, and energy density as important characteristics of its battery cells, which it connects to customer demand in multiple regions.

Business focus and applications

MBAK Energy Solutions describes its core business as the design and production of lithium, sodium, and solid-state batteries. These battery technologies are used in several application areas identified by the company:

• Industrial – battery cells and systems for industrial uses, including energy storage and power support for commercial users.
• Medical – batteries intended for medical-related applications, where reliable power is essential.
• Portable electronics – cells and packs for devices that require compact, rechargeable energy storage.
• Electric vehicles (EVs) – batteries for electric mobility, including two- and three-wheeler personal transports.

The company also references Battery Energy Storage Systems (BESS) as part of its activities. In company announcements, MBAK links BESS units to the scaling of renewable energy production by providing storage and line balancing to power grids, supporting more consistent electricity delivery.

Energy storage and grid-related activity

In its public communications, MBAK notes contracts involving BESS units for an Indian power grid. The company describes these contracts as directly supporting efforts to increase national energy production capacity through renewable electricity generation and storage. MBAK also mentions supplying battery cells for data center power facilities, positioning its cells as components in data center energy infrastructure.

Through these activities, MBAK presents itself as a participant in projects that connect battery technology with grid-scale and commercial energy needs. The company also reports enquiries from power providers and commercial users in regions including South East Asia and North America, indicating interest in its energy storage and battery products beyond a single national market.

Electric mobility and regional demand

MBAK Energy Solutions reports that demand for its mobility products, specifically electric two wheelers for Europe, India, and Africa, remains strong. The company attributes this demand to its record of innovation, reliability, safety, and quality in its battery cells and mobility offerings. It also references electric two- and three-wheeler personal transports among the deliveries tied to its production orders.

In one partnership announcement, MBAK describes working with the University of Michigan Perot-Jain TechLab and its Kenyan distribution partner, Carbon-Zero Mobility, Ltd. (CZM). The collaboration focuses on improving the “open-source” charging mechanisms that are part of the MBAK-manufactured Dominion line of e-motorcycles that CZM is bringing to market in Kenya. The project aims to analyze the current charging block, improve ruggedization, ease of use, compatibility, and energy usage recording, then return updated specifications to MBAK for incorporation into manufacturing.

Geographic footprint in disclosures

Company news releases reference Seoul, South Korea; Shenzhen, China; and Wilmington, North Carolina in their datelines, indicating locations associated with MBAK’s communications. In addition, MBAK highlights regional demand and activity in Europe, India, Africa, South East Asia, and the USA, particularly for electric two wheelers, BESS units, and battery cells for data center and grid applications. These references provide context for the geographic scope of the company’s commercial focus as described in its own announcements.

Corporate developments and ticker history

MBAK Energy Solutions, Inc. states that it was formerly known as Alternet Systems, Inc. In a company announcement, MBAK reports that it completed regulatory processes to change its ticker symbol from ALYI to MBAK on the OTC market, with the change becoming effective on November 28, 2025. This marks a notable point in the company’s trading history and branding in public markets.

The company also publishes forward-looking guidance in its news releases, including references to firm production orders for future periods and expectations for growth. While these statements describe management’s outlook, they are typically accompanied by safe harbor disclaimers and should be interpreted as forward-looking, not historical facts.

Governance and technical expertise

In a board-related announcement, MBAK Energy Solutions reports the nomination of Dr. Konda Shiva to its board of directors. The company describes Dr. Shiva as a holder of multiple patents and peer-reviewed publications, with a background in electrical energy storage and distribution innovation. His experience includes post-doctoral work in battery research and work in battery development at an automotive battery research and development center in India, as well as leadership of a company focused on battery technology development, fast charging, and energy innovation for electric mobility and grid-scale storage.

MBAK states that Dr. Shiva has a passion for translating scientific research into commercially viable, scalable industrial solutions, and that he will serve as an independent director on the MBAK board. This nomination is presented by the company as a way to strengthen its technical and strategic capabilities in battery and energy storage fields.

Positioning within the energy and mobility landscape

Across its public statements, MBAK Energy Solutions presents itself as a company centered on non-fossil fuel energy products, with particular emphasis on battery technologies and related systems. Its activities span battery cell design and production, BESS units for grid support, electric mobility products such as electric two- and three-wheelers, and battery supply for data center power facilities. The company links these activities to broader themes of renewable energy integration, electric mobility adoption, and reliable power for commercial and industrial users.

Because MBAK trades on the OTC market and focuses on specialized battery and energy storage products, investors and observers often look to company news releases for insight into its contracts, partnerships, and geographic focus areas. As with any company, those interested in MBAK typically review its public communications, historical announcements, and any available regulatory filings to understand its business direction and risk profile.

Key characteristics highlighted by MBAK

• Engagement in the development, manufacturing, and commercialization of non-fossil fuel energy products.
• Expertise in the design and production of lithium, sodium, and solid-state batteries.
• Applications spanning industrial, medical, portable electronics, and EV markets.
• Involvement in BESS units that support renewable energy integration and grid line balancing.
• Participation in supplying battery cells for data center power facilities.
• Focus on electric two- and three-wheeler personal transports and related charging solutions.
• Reported demand for mobility products in Europe, India, and Africa.
• Partnerships and collaborations with academic and distribution partners for charger design and e-mobility deployment.
• Corporate evolution from Alternet Systems, Inc. to MBAK Energy Solutions, Inc., with a ticker change from ALYI to MBAK on the OTC market.