Breaking News
Deporting Illegals Is Legal - Military In America's Streets Is Not!
Turn Your Homesteading into a Farm (Making Money on the Homestead) | PANTRY CHAT
"History Comes In Patterns" Neil Howe: Civil War, Market Crashes, and The Fourth Turning |
How Matt Gaetz Escaped Greenberg's Honeypot and Exposed the Swamp's Smear Campaign
Top Tech News
Forget Houston. This Space Balloon Will Launch You to the Edge of the Cosmos From a Floating...
SpaceX and NASA show off how Starship will help astronauts land on the moon (images)
How aged cells in one organ can cause a cascade of organ failure
World's most advanced hypergravity facility is now open for business
New Low-Carbon Concrete Outperforms Today's Highway Material While Cutting Costs in Minnesota
Spinning fusion fuel for efficiency and Burn Tritium Ten Times More Efficiently
Rocket plane makes first civil supersonic flight since Concorde
Muscle-powered mechanism desalinates up to 8 liters of seawater per hour
Student-built rocket breaks space altitude record as it hits hypersonic speeds
Researchers discover revolutionary material that could shatter limits of traditional solar panels
Solid State Battery Firm Solid Power Raises $20 Million
The company believes that its cells will be safer, more energy dense and cost competitive. Several well-known names in the industry seem to share this belief and participated in the financing: Hyundai CRADLE, Samsung Venture Investment Corp., Sanoh Industrial Co., Solvay Ventures, and A123 Systems. Earlier this year, Solid Power also partnered with A123 Systems and BMW.
By the end of this year, Solid Power intends to construct and install a multi-MWh roll-to-roll facility for preliminary qualification of the company's solid-state cells for multiple markets including automotive, aerospace and defense. Production is scheduled to begin in 2019.
Currently, Solid Power doesn't talk much about the specifications of its batteries.
"ASSB have generated substantial interest for mobile power applications due to their ability to provide greater run-time per charge and excellent overall product reliability and safety. The automotive industry, in its pursuit of vehicle electrification, is particularly interested in ASSB to boost vehicle range, while using an overall safer and simpler energy storage system as compared to current state of the art lithium-ion batteries.