Ann: Australian tech companies to build high altitude drone, page-13

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05/10/23

15:13

Post #: 70191413
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Originally posted by Eglider: ↑

The project will utilise battery cells produced at Li-S Energy’s new $10 million production facility at Geelong, which is due to be operational before the end of the year. The increased capacity of the facility will allow Li-S Energy to pursue a range of other collaborations with drone and eAviation companies worldwide.Li-S Energy Chief Executive Officer Dr Lee Finniear said the partnership with V-TOL and Halocell would provide the opportunity to create an all-Australian drone platform of international significance.“We are bringing together three innovative Australian companies to build autonomous drones with wide-ranging capabilities,” he said. “This allows us to not only demonstrate the benefits of Li-S Energy cells in practical high-altitude aircraft, but potentially build a new sovereign capability for the Australian aviation industry.”“Our lithium sulfur battery technology is ideally suited to this type of aerospace innovation, and we see a real opportunity to power the electric aviation revolution.”Recent testing1 shows Li-S Energy’s GEN3 cells can demonstrate a gravimetric energy density of over 400 Wh/kg and a volumetric energy density of 540 Wh/l. Compared to current Li-ion cells, this is nearly double the gravimetric energy density and a comparable volumetric energy density.In practical terms, these cells are now the same physical size as existing Li-ion batteries but half the weight.

Compelling stuff here by LIS. and tracking well for a considerable re-rate in the New Year imo.

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Will be lucky if it holds that long at basement prices

LIS Price at posting: 22.5¢ Sentiment: Buy Disclosure: Held
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Ann: Australian tech companies to build high altitude drone, page-13

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Ann: Australian tech companies to build high altitude drone, page-13

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