Nexeon moves to commercialise battery technology

Nexeon, which is developing silicon based anodes for use in next generation lithium ion batteries, has signed a number of material evaluation agreements with companies interested in its technology. The company says its partners include 'well known' battery and automotive companies.

The initial agreements, which are revenue earning for Nexeon, involve the sampling of specially prepared silicon materials and data from Nexeon's manufacturing pilot line. According to Nexeon, the agreements represent a 'strong expression of interest' in its technology, which provides higher energy density and longer operating times between charges, as well as brighter screens for laptops and smart phones. A further application is expected to be in electric vehicles. Nexeon recently announced that its cells have successfully completed 500 full charge/discharge cycles at 1200mAh/g for the anode without significant capacity fade.