Batteries

Amprius Technologies Announces Date for First Quarter 2024 Results and Business Updates

Retrieved on: 
Thursday, April 25, 2024

Amprius Technologies, Inc. ("Amprius"), (NYSE: AMPX), a leader in next-generation lithium-ion batteries with its Silicon Anode Platform, will hold a conference call and webcast on Thursday, May 9, 2024 at 5:00 p.m. Eastern time (2:00 p.m. Pacific time) to discuss its financial results for the first quarter ended March 31, 2024.

Key Points: 
  • Amprius Technologies, Inc. ("Amprius"), (NYSE: AMPX), a leader in next-generation lithium-ion batteries with its Silicon Anode Platform, will hold a conference call and webcast on Thursday, May 9, 2024 at 5:00 p.m. Eastern time (2:00 p.m. Pacific time) to discuss its financial results for the first quarter ended March 31, 2024.
  • Financial results will be issued in a press release prior to the call.
  • Amprius management will host the presentation, followed by a question-and-answer period.

Partner base continues to grow: Greenman Energy opts for battery-buffered fast chargers from ADS-TEC Energy

Retrieved on: 
Thursday, April 25, 2024

The future is electric, ADS-TEC Energy and Greenman Energy agree, as the two companies launch an initiative to drive energy decentralization of the energy sector.

Key Points: 
  • The future is electric, ADS-TEC Energy and Greenman Energy agree, as the two companies launch an initiative to drive energy decentralization of the energy sector.
  • To start, Greenman Energy will install and operate ChargePost at one of its Greenman OPEN supermarkets .
  • View the full release here: https://www.businesswire.com/news/home/20240425010133/en/
    Greenman Energy opts for battery-buffered fast chargers from ADS-TEC Energy (Photo: Business Wire)
    Greenman Energy is relying on the proven technology of the market leader ADS-TEC Energy for battery-buffered fast charging.
  • ADS-TEC Energy's flexibility gives Greenman Energy the ability to adapt business models as required and achieve a low total cost of ownership in the long term.

Stryten Energy Awarded Department of Defense Funding for Lithium-Ion Battery Prototype

Retrieved on: 
Wednesday, April 24, 2024

Stryten Energy LLC, a U.S.-based energy storage solutions provider, has received a contract award from the Defense Innovation Unit’s (DIU) FAStBat project to develop and evaluate a prototype 6T lithium-ion battery and potentially extend the technology to other cross-service platforms.

Key Points: 
  • Stryten Energy LLC, a U.S.-based energy storage solutions provider, has received a contract award from the Defense Innovation Unit’s (DIU) FAStBat project to develop and evaluate a prototype 6T lithium-ion battery and potentially extend the technology to other cross-service platforms.
  • Stryten Energy has proven expertise in designing, manufacturing and deploying lithium-ion technology to the commercial, industrial and military markets, which is strategically vital to the domestic battery manufacturing base.
  • The program seeks to support the domestic growth of manufacturing capacity to underpin the United States defense industrial base.
  • “Stryten Energy is developing domestically owned, cutting-edge technology to improve ground vehicle reliability and efficiency,” said Scott Childers, Vice President of Essential Power at Stryten Energy.

Spruce Power Adds Industry Veteran to Lead Asset Operations

Retrieved on: 
Wednesday, April 24, 2024

Spruce Power Holding Corporation (NYSE: SPRU) (“Spruce” or the “Company”), a leading owner and operator of distributed solar energy assets across the United States, today announced the hiring of Kevin Minton as Vice President, Asset Operations.

Key Points: 
  • Spruce Power Holding Corporation (NYSE: SPRU) (“Spruce” or the “Company”), a leading owner and operator of distributed solar energy assets across the United States, today announced the hiring of Kevin Minton as Vice President, Asset Operations.
  • As Vice President, Asset Operations, Minton will plan, direct, and oversee asset operations activities for Spruce, with an emphasis on optimized fleet performance, efficient and safe field operations, and outstanding customer experiences, in support of strategic product extensions including Spruce Pro.
  • Minton brings over 25 years of diversified operations and leadership experience to the Company.
  • “We are thrilled to welcome Kevin to the Spruce Power team,” said Derick Smith, Chief Operating Officer, Spruce Servicing.

Asahi Kasei to Construct a Lithium-ion Battery Separator Plant in Canada

Retrieved on: 
Thursday, April 25, 2024

To meet North American demand for battery separator for plug-in electric vehicles and to join North American LIB supply chains being established, in part as an effect of governmental clean energy policies, the decision was made to construct an LIB separator manufacturing plant in Ontario, Canada.

Key Points: 
  • To meet North American demand for battery separator for plug-in electric vehicles and to join North American LIB supply chains being established, in part as an effect of governmental clean energy policies, the decision was made to construct an LIB separator manufacturing plant in Ontario, Canada.
  • “The separator is an extremely important component that contributes to higher performance and durability of batteries that are essential to EVs.
  • We are very excited to partner with Asahi Kasei, having outstanding technological capability and broad expertise regarding separators.
  • 1 A lithium-ion battery separator is a microporous membrane that provides a barrier between the positive and negative electrodes of a lithium-ion battery, allowing lithium ions to pass through while preventing short circuits.

QuantumScape Reports First Quarter 2024 Business and Financial Results

Retrieved on: 
Wednesday, April 24, 2024

QuantumScape Corporation (NYSE: QS), a leader in developing next-generation solid-state lithium-metal batteries, today announced its business and financial results for the first quarter of 2024, which ended March 31.

Key Points: 
  • QuantumScape Corporation (NYSE: QS), a leader in developing next-generation solid-state lithium-metal batteries, today announced its business and financial results for the first quarter of 2024, which ended March 31.
  • The company posted a letter to shareholders on its Investor Relations website, ir.quantumscape.com , that details first-quarter financial results and provides a business update.
  • QuantumScape will host a live webcast today at 2 p.m. Pacific Time (5 p.m. Eastern Time), accessible via its IR Events page .
  • Siva Sivaram, chief executive officer, and Kevin Hettrich, chief financial officer, will participate on the call.

Flux Power to Host Fiscal Third Quarter 2024 Results Conference Call on Thursday, May 9, 2024 at 4:30 p.m. Eastern Time

Retrieved on: 
Wednesday, April 24, 2024

Flux Power Holdings, Inc. (NASDAQ: FLUX ), a developer of advanced lithium-ion energy storage solutions for electrification of commercial and industrial equipment, will hold a conference call on Thursday, May 9, 2024 at 4:30 p.m. Eastern Time to discuss its results for the fiscal third quarter ended March 31, 2024.

Key Points: 
  • Flux Power Holdings, Inc. (NASDAQ: FLUX ), a developer of advanced lithium-ion energy storage solutions for electrification of commercial and industrial equipment, will hold a conference call on Thursday, May 9, 2024 at 4:30 p.m. Eastern Time to discuss its results for the fiscal third quarter ended March 31, 2024.
  • A press release detailing these results will be issued prior to the call.
  • Flux Power CEO Ron Dutt and CFO Kevin Royal will host the conference call, followed by a question-and-answer session.
  • The conference call will be accompanied by a presentation, which can be viewed during the webcast or accessed via the investor relations section of the Company’s website here .

SES AI, Hyundai Motor and Kia Agree to Enter the Next Phase of Their Joint Development Contract

Retrieved on: 
Wednesday, April 24, 2024

SES AI Corporation (“SES AI”) (NYSE: SES), a global leader in the development and manufacturing of high-performance Li-Metal batteries, today announced that it signed an agreement to enter the next phase of its existing joint development agreement (“JDA”) with Hyundai Motor Company (‘’Hyundai Motor’’) and Kia Corporation (“Kia”) to start developing B samples.

Key Points: 
  • SES AI Corporation (“SES AI”) (NYSE: SES), a global leader in the development and manufacturing of high-performance Li-Metal batteries, today announced that it signed an agreement to enter the next phase of its existing joint development agreement (“JDA”) with Hyundai Motor Company (‘’Hyundai Motor’’) and Kia Corporation (“Kia”) to start developing B samples.
  • This collaboration is the first of its kind in the Li-Metal battery industry and represents an important milestone in achieving commercial production.
  • The expansion of the relationship with Hyundai Motor and Kia means that SES AI is the first Li-Metal battery company in the world to have two B-sample development JDAs underway.
  • Based in the Boston suburb of Woburn, Massachusetts with operations in Shanghai and Seoul, SES AI is backed by Hyundai Motor and Kia, General Motors Co., and Honda Motor Co.

Global Supercapacitors/Ultracapacitors Industry Research 2023-2033: Opportunities in Expanding Applications in the Aviation Sector and Increasing Adoption as Alternatives to Conventional Batteries - ResearchAndMarkets.com

Retrieved on: 
Wednesday, April 24, 2024

This global supercapacitors/ultracapacitors market's evolution is closely tied to ongoing research and development efforts, aiming to unlock new applications and enhance performance metrics further.

Key Points: 
  • This global supercapacitors/ultracapacitors market's evolution is closely tied to ongoing research and development efforts, aiming to unlock new applications and enhance performance metrics further.
  • Asia-Pacific leads in the global supercapacitors/ultracapacitors market, propelled by strong economies, innovation, and a focus on sustainable energy.
  • With advanced manufacturing, significant R&D, and government support, countries such as China, Japan, South Korea, and India drive growth.
  • By adhering to these strategic recommendations, companies can effectively position themselves amidst market rivals, ensuring ongoing success and profitability in the global supercapacitors/ultracapacitors market.

Puyallup Tribal Enterprises Becomes Lead Investor in Skip Technology

Retrieved on: 
Thursday, April 25, 2024

In a strategic move demonstrating its commitment to environmental stewardship and sustainable energy solutions, Puyallup Tribal Enterprises (PTE) has become the primary investor in Skip Technology (Skip Tech), a U.S.-based innovator that aims to reduce fossil fuel dependence and electricity costs with infinitely rechargeable clean energy storage that doesn’t require rare earth mining.

Key Points: 
  • In a strategic move demonstrating its commitment to environmental stewardship and sustainable energy solutions, Puyallup Tribal Enterprises (PTE) has become the primary investor in Skip Technology (Skip Tech), a U.S.-based innovator that aims to reduce fossil fuel dependence and electricity costs with infinitely rechargeable clean energy storage that doesn’t require rare earth mining.
  • Skip Technology has developed a new type of battery that uses bromine and hydrogen, instead of the conventional lithium.
  • “We will always fight to preserve and protect our environment, and to support our Membership,” said the Puyallup Tribal Council, the Tribe’s governing body.
  • “PTE’s investment is great for our Membership, the region and we think the entire world.”
    “Skip Technology is delighted to be partnering with Puyallup Tribal Enterprises on so many fronts, they are an ideal partner for us,” said Brennan Gantner, CEO of Skip Technology.