ION Storage Systems receives $40 million to commercialize its solid-state battery. Electric mobility in particular should benefit from this.
Maryland-based ION Storage Systems is close to commercializing a newly developed solid-state battery to accelerate dramatically. As part of a three-year partnership, the company will receive approximately $20 million in grants from the U.S. Department of Energy (DOE). The US government is promoting a technology that is still in the test phase in order to bring it to market quickly. In addition, ION will receive $20 million from private funds.
Part of the initiative includes collaboration with global suppliers such as Saint-Gobain and KLA. The accelerated introduction of electric vehicles requires greater range, cost reductions and greater safety. ION Storage Systems has therefore developed a solid-state battery and is now boosting domestic production.
ION Storage Systems builds solid-state battery with a novel 3D ceramic structure
In March 2024, ION’s anode and compressionless solid-state batteries achieved over 125 charge cycles with less than five percent capacity loss. This represents significant progress, as the 3D ceramic structure used in these batteries was previously based on conventional anode materials such as graphite. This not only makes the batteries safer, but also simpler and cheaper to produce.
The technology is currently being used for the first time in cooperation with the US military. However, after testing and further developing its product, ION would like to open up additional markets such as electric vehicles and long-term storage. A company spokeswoman emphasized that the goal has always been to develop a powerful, reliable and safe battery that factories can produce on a large scale.
Supply agreements enable rapid scaling of the technology
The plan is considered a decisive step towards alternative storage systems. Following a successful pilot program, ION announced a multi-year ceramic powder supply agreement with multinational giant Saint-Gobain Ceramics last year. This should enable the company to scale its own production at short notice.
ION Storage Systems has made great progress with its own battery technology in recent years. Thanks to the financial support and strategic partnerships, the company is well on its way to bringing its solid-state batteries onto the market and thus significantly advancing electromobility and energy storage.
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