“There is a global effort underway to increase the energy density and safety of lithium ion batteries,” explained Nano One CEO, Dan Blondal, “and solid-state batteries are one of the more promising solutions. Nano One has developed a number of cathode materials and processes that have caught the attention of the industry, primarily from within the automotive sector. We have many third-party evaluations now underway with the goal of partnering to make solid state batteries a reality.”
Nano One’s cathode material development program includes enhancements that are designed to prevent chemical side reactions, for improved safety and longevity. These enhancements apply to Nano One’s NMC and High Voltage Spinel cathode materials. NMC batteries are critical to long range electric vehicles, while High Voltage Spinel has long term strategic value because it enables high energy densities, fast charging, and is free of cobalt and the associated supply chain risk.
Mr. Blondal said, “We are collaborating with industry leaders to identify the most promising cathode materials for next generation lithium ion batteries, and we are working to convert these leads into partners, as we did recently with Pulead Technology and Saint-Gobain. Nano One is executing on its plans and is well positioned to capitalize on rising automotive interest in both electrode technology and solid-state lithium ion batteries.”
