The company Magna Energy Storage a.s. was established in May, 2017 with the aim of building a new manufacturing plant for the production of high-capacity batteries HE3DA® in the František Industrial Zone, Horní Suchá, Czech Republic with planned production launch in 2020. It is a purely Czech joint-stock company without the participation of foreign capital. The Magna Energy Storage (M.E.S.) project responds to increased global demand for Li-ion batteries.