Gelion PLC ( (GB:GELN) ) has issued an update.
Gelion PLC has signed a Materials Testing Agreement with a leading battery manufacturer, marking a significant milestone in the company’s commercial roadmap. This agreement allows Gelion to supply materials for independent testing, highlighting the industry’s recognition of its innovative sulfur battery technology. The collaboration aims to foster mutual understanding and technical alignment, potentially leading to future commercial partnerships. This development underscores Gelion’s strategic focus on advancing its sulfur battery platform and establishing leadership in next-generation energy storage solutions.
More about Gelion PLC
Gelion PLC 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 aims to support the transition to a sustainable economy by providing innovative battery solutions for mobile and stationary applications. Gelion is listed on the London Stock Exchange’s Alternative Investment Market and owns subsidiaries in the UK and Australia.
YTD Price Performance: -36.76%
Average Trading Volume: 62,703
Technical Sentiment Signal: Buy
Current Market Cap: £15.96M
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