An announcement from Gelion PLC ( (GB:GELN) ) is now available.
Gelion has entered a strategic partnership with the Max Planck Institute to develop high-power, high-cycle life sulfur batteries with high energy densities. This collaboration combines Gelion’s advanced battery technology with MPI’s breakthrough nano-confined carbon/sulfur composite cathode and anode material technologies. The partnership aims to accelerate the commercialization of sulfur-based energy storage solutions by integrating both parties’ intellectual property and expertise. The agreement is expected to enhance Gelion’s industry positioning by addressing key challenges in sulfur battery development, such as rapid charge and discharge rates and stability, while utilizing low-cost materials.
More about Gelion PLC
Gelion is a global energy storage innovator focused on commercializing next-generation battery technologies, including sulfur-based, lithium-sulfur, sodium-sulfur, and zinc-based hybrid cells. The company supports the transition to a sustainable economy by designing and delivering innovative battery technology. Gelion is listed on the London Stock Exchange’s Alternative Investment Market and owns subsidiaries in the UK and Australia.
YTD Price Performance: -39.71%
Average Trading Volume: 55,285
Technical Sentiment Signal: Buy
Current Market Cap: £15.22M
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