Finally Anteotech are being validated and supported by the Australian government , “We’re hopeful this technology has the potential to be quickly integrated in existing manufacturing processes so that the benefits can be accessed by customers in a timely manner.” so are shareholders .
Arena CEO Darren Miller says the investment in “homegrown battery technology” has the potential to change energy storage on a global scale.
“As we push towards our net zero ambitions, we need to ensure we have enough energy storage so that we can use renewable energy when we need it at any time of the day, whether that be for industry, homes or the growing switch to electric vehicles,” Miller says.
“Innovation in storage technologies is going to help us achieve this, and AnteoTech’s technology could create batteries higher in density, while utilising cheap abundant materials that could bring costs down.
“We’re hopeful this technology has the potential to be quickly integrated in existing manufacturing processes so that the benefits can be accessed by customers in a timely manner.”
ADO Price at posting:
2.6¢ Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)