Valence Technology and EaglePicher Technologies have entered into a strategic alliance including a technology license agreement for certain Valence Lithium-Ion technology and future supply considerations. The agreement accelerates EaglePicher’s expanding Lithium-Ion based portfolio of products and applications that will be developed at its Lithium-Ion Center of Excellence in Joplin, Missouri.
Under the agreement, EaglePicher will have the exclusive right to manufacture cells for certain types of US government programs and key specialty commercial applications utilizing the Valence designs and specifications, including Valence’s high-power proprietary cathode powder and cylindrical Lithium-ion cell design. EaglePicher also received consideration to purchase cells manufactured by Valence.
Valence Cathode Materials are prepared using a preparative method called Carbothermal Reduction (CTR), a process to develop lithium iron magnesium phosphate cathode powder in a very efficient, cost effective, stable and scalable way. CTR makes Valence lithium iron magnesium phosphate powder high quality, longer-lasting, with more sustained conductivity, enhanced performance and ultimately a better cathode material that is more easily manufactured into cells, Valence says.