The funding will also be used for the firm to develop an improved lithium titanate anode material that could improve battery safety and make more efficient rechargeable batteries for a variety of uses, including modular utility electric systems for use at wind and solar generating sites.

The NYSERDA funding has two facets:

• $400,000 under NYSERDA’s Innovation in the Manufacturing of Clean Energy Technologies Program, for the company to scale up production of its NanoScission process, a novel particle-processing technology used to produce performance-enhancing battery materials. The funding, which is meant to help commercialize technology in the clean energy sector, will allow Primet to grow its process from lab-scale to a continuous NanoScission manufacturing process that can produce tons of materials. The NanoScission process is estimated to require a fourth of the energy used in conventional battery material production, at a third of the cost.

• $250,000, in conjunction with the New York Battery Energy Storage Technology (NY-BEST) Consortium, for Primet to continue seeking new markets for its anode materials, a lower-priced alternative to many products on the market today. Primet’s product also has the advantage of being produced with a much more energy-efficient process. Primet is a member of NY-BEST.

Primet, a 32-employee company, has launched NanoScission, a novel low-cost particle processing technology that can be used to produce high-performance battery materials. Using the NanoScission process, the company is producing electrode materials for the battery industry that can improve performance and lower the cost of lithium-ion batteries.