EINDHOVEN, Netherlands,
Jan. 26, 2024 /PRNewswire/
-- Following on from its recent announcement that it has
taken on a lease at the Brainport Industries Campus (BIC), where it
will construct a pilot production plant for its innovative 3D
electrodes, the Dutch company LionVolt has completed the
acquisition of a battery cell production line in Thurso,
Scotland.
Based in Eindhoven, The
Netherlands, LionVolt is leveraging the region's extensive
experience in thin film technology to develop a 3D electrode
architecture to enable next generation batteries. Unique selling
points of the company's products include enhanced energy density,
superior cycle-life, higher charging speed, and enhanced
safety.
Alongside its core innovation team in Eindhoven; the company is
currently building a pilot production line at the Brainport
Industries Campus (BIC) to further develop and commercialize its
innovative 3D structured electrodes. The BIC pilot line offers the
company the ability to step up its first production capacity in an
ecosystem that supports LionVolt's growth ambitions.
The acquisition of the battery production site in Scotland brings new complementary capabilities
to the company, and sets LionVolt up for the next phase of growth.
The site will be repurposed to manufacture battery cells that embed
LionVolt's innovative 3D technology. In addition, LionVolt will
take on an experienced team allowing it to build on years of
battery cell manufacturing know-how.
"This is a very exciting step in our growth, and brings a
complementary skill set that we currently do not have within
LionVolt, along with providing us with a manufacturing capability
that will be complementary to our pilot line facility at the BIC.
The combination of these capabilities will allow us to accelerate
the commercialization of our innovative products." -
Kevin Brundish, CEO of LionVolt
"This is a dream scenario for a deep-tech company like ours.
It helps us mature our innovative 3D battery technology quicker by
leveraging the manufacturing expertise from the team in
Scotland, thereby reducing
time-to-market." - Sandeep
Unnikrishnan, CTO of LionVolt
About LionVolt
LionVolt is a deep-tech company working on a revolutionary
solid-state battery. Its mission is to develop and scale 3D
solid-state batteries to deliver the highest performance, fastest
charging, safest, and most sustainable battery solutions. Website:
www.lionvolt.com.
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