Sakti3, an Ann Arbor, Michigan-based spinoff of the University of Michigan, received a $3 million grant from the Michigan Strategic Fund (MSF) to establish a Center of Energy Excellence focused on next-generation lithium battery technologies and processes. As part of the award, the University of Michigan will contribute research on battery lifecycles.
Sakti3 intends to develop and commercialize an advanced manufacturing method for high- power batteries primarily for placement in electric vehicles. The premise of this new manufacturing process is to produce batteries capable of withstanding the rigors of automotive usage.
Sakti3, formerly Arbor Energetics, is headed by Dr. Ann Marie Sastry, the University of Michigan Arthur F. Thurnau Professor of Mechanical, Biomedical and Materials Science and Engineering and the Director of its Energy Systems Engineering Program.
Sakti3 is part of Khosla Ventures’ battery portfolio; Khosla provided $2 million in Series A funding. In March, Sakti3 announced plans to invest $1.1 million. The company plans to scale up to some 230 jobs in the state by 2018.
Earlier this year, the Regents of the University of Michigan approved the licensing of two technologies to Sakti3 (formerly Arbor Energetics), which Khosla characterizes as a thin-film battery company:
UM OTT File No. 3633, “Micromachined Deposited Battery”
UM OTT File No. 3668, “Hybrid Battery Supply for EV, HEV or PHEV”
Skati3 has an exclusive royalty-bearing license with the right to grant sublicenses. The University retains ownership of the licensed technology and may continue to further develop it and use it internally.
Sastry Research Group publications
Y.-H. Chen, C.-W. Wang, G. Liu, X.-Y. Song, V. S. Battaglia and A. M. Sastrya (2007) Selection of Conductive Additives in Li-Ion Battery Cathodes: A Numerical Study. Journal of The Electrochemical Society, 154 (10) A978-A986