An update from Gelion PLC ( (GB:GELN) ) is now available.
Gelion PLC has successfully secured three patents in the United States for its core Lithium-Sulfur (LiS) technology, alongside the acceptance of a recycling patent application. These patents enhance the company’s intellectual property portfolio, providing protection for advancements in battery performance and manufacturing. The recycling patent aims to improve the purity of metals recovered from waste batteries, aligning with Gelion’s strategy to expand its IP protection globally. This development is expected to bolster Gelion’s market positioning and support its commercialization efforts, particularly in the U.S., Europe, and China.
More about Gelion PLC
Gelion PLC is a global energy storage innovator focused on commercializing next-generation technologies, including Lithium-Sulfur (LiS) and Zinc-based hybrid cells, to support the transition to a sustainable economy. The company targets mobile and stationary applications, with a particular focus on the electric vehicle and e-aviation markets. Gelion is listed on the London Stock Exchange’s Alternative Investment Market and operates through its subsidiaries in Australia and the UK.
YTD Price Performance: -19.12%
Average Trading Volume: 36,613
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £20.41M
For an in-depth examination of GELN stock, go to TipRanks’ Stock Analysis page.