NanoeXa and Argonne National Laboratory to Commercialize Next Generation Lithium Battery Technologies
27 September 2006
NanoeXa and Decktron have entered into a definitive agreement with Argonne National Laboratory to develop and transfer into commercial use next-generation rechargeable lithium battery technologies from Argonne’s Battery Technology Department.
NanoeXa is a South San Francisco, California-based nanotechnology clean energy company founded in 2005. Decktron is a Korean lithium battery and display company, fully acquired by NanoeXa.
Together, the organizations will introduce into the marketplace batteries with increased power output, storage capacity, safety and lifetime that will be utilized in high-rate applications such as hybrid/electric vehicles, power tools, and radio control devices.
The recent news about laptop battery safety has exposed the limitations of current rechargeable battery technologies. One of the primary goals of Argonne’s battery technology is to dramatically improve lithium battery safety. Argonne’s R&D expertise in developing lithium battery materials as well as their deep relationships with the world’s automotive makers will create a powerful opportunity for our company.—Michael Pak, CEO of Nanoexa
NanoeXa has assembled an extensive lithium battery intellectual property portfolio. Its core technology focus is the development of a computational modeling platform technology for the design and validation of new materials from the quantum level.
For example, the modeling allows a developer to screen new cathode, anode and electrolyte materials and select only those with promise, thereby presumably enabling synthesis of novel materials with higher capacity and better stability.
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