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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.

September 27, 2006 in Batteries | Permalink | Comments (6) | TrackBack (0)

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Comments

Mike: Is there any information available as to what exactly they mean by next generation? Any specifications?

Valence and A123 systems have found ways to improve safety. But the energy density suffered. Their batteries have about 75% energy density of the cobalt ones.

Not sure what this company is up to. Perhaps just to get some attention to attact new round of funding.

Maybe the lithium-ion batteries leading to nowhere. It seems they reached the physical limits already.
Hopefully MITs nano super-capacitors will solve the energy storage problem.
[url]http://www.gizmag.co.uk/go/5192/[/url]
News article of MITs work from February 2006

Think big, there must be a different solution.

IMHO price is the biggest problem today.

Whatever happened to Toshiba's new generation Lithium-Ion battery that recharged to 80% within 1 minute and had a competitive power density to an existing hi capacity Li-Ion? They were touting it as the successor to the NiMH for HEVs over a year ago..

Reply to Steve Howe:

The Toshiba's new generation Lithium-Ion battery that recharged to 80% within 1 minute, was a bad joke dude!
If I remember well, September 2006 were to be the lauch date...
It probably was a marketing plan for their stocks to rocket high...

Expect their shortcoming response to say the following:

**************************
...We are experiencing some technical problems that we are trying to solve...
We will keep you informed & up to date...
Thanks.
**************************

P.S.1> Do not expect any more replies from them after that...
Aren't we all "suckers" to believe in miracles...???

P.S.2> Expect similar announcements to come up from other companies too!!! Life will be repeating itself until we all learn our lessons... Unfortunately we never learn our lessons & such incidents happen again & again...

P.S.3> Personal Message to Toshiba:
IF you do not really have a product, just don't announce it dude!

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