Apr 20 2007
Nanoexa, a nanotechnology-based clean energy company, today announced that the company has delivered new technology to Decktron, Nanoexa's publicly traded subsidiary in Korea, as a result of a Non-Recurring Engineering (NRE) agreement. Decktron, an advanced technology manufacturing company, will apply the nanotechnology to the development of a new generation of lithium ion batteries.
"This new nanotechnology will enable Decktron to create the best batteries on the market," said S. S. Kim, Chief Strategy Officer of Decktron. "Since we partnered with Nanoexa last fall, we have been confident in the company's continued ability to provide Decktron with the kind of technology that will secure our position as the battery industry leader."
To be used in combination with existing intellectual property from Argonne National Laboratory, the technology is based on a positive electrode material that is comprised of a unique nano-crystalline layered-layered composite structure. This cathode technology will give Decktron's batteries the ability to deliver more than 3000 W/kg, making Decktron's lithium batteries among the best-performing on the market today. In addition to the technology, the intellectual property transfer includes a description of low-cost, scaleable methods to manufacture positive electrode material in high volume.
"This rapid IP output and subsequent technology transfer affirms Nanoexa's commitment to commercializing the next wave of battery advancements," said Michael Pak, CEO of Nanoexa. "The layered-layered design of the battery will ensure its stability and safety. We are confident that this agreement with Decktron will result in a safe energy storage solution perfect for the power tool and HEV markets."