Ann: Magnis Makes Strategic Investment in US Group C4V, page-60

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Rat1973

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05/04/18

11:31

Post #: 32238295
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Originally posted by carlos18 ↑

Clearly not reading the articles still..

Ok lets look at this a little further. I dont like doing this but for all the people who dont like digging maybe you need too! From a certain poster:

"Primet Precision Materials (Ithaca): Sought to develop a production process that could lower the manufacturing cost of key raw materials used in lithium-ion batteries.
NYSERDA: $87,524; co-funding: $365,835
Status: completed; the project was discontinued when results did not show sufficient commercial promise."

From the exact same cited article (pretty much same section):

4.1 Program Opportunity Notice 1704

The following projects were awarded in March 2010 under Program Opportunity Notice 1704, which supported seed and product development projects:

• Binghamton University (Binghamton): Stan Whittingham, Ph.D., pursued a lithium air energystorage system for vehicles and stationary applications.
NYSERDA: $185,850; co-funding: $78,410
Status: completed; work was presented at 20 conferences and included in five publications.

Binghamton University (Binghamton): Stan Whittingham, Ph.D., partnered with Brookhaven
National Lab and Stony Brook University to develop improved batteries for lower-cost,
electric-grid storage, examining lithium-ion batteries.
NYSERDA: $152,890; co-funding: $147,000
Status: completed; work was included in three publications.

Further:

4.2 Program Opportunity Notice 2458

The second research and development solicitation issued by NYSERDA (PON 2458) focused on
transitioning energy-storage technologies with proven technical feasibility at the lab scale into
working prototypes to assess whether the technology has commercial potential. Demonstrating a
working prototype is an important stage that can interest additional funders including private capital.
Five rounds were included and projects are presented in the round in which they were awarded.

Primet Precision Materials (Ithaca): Sought to develop a production process that could lower the manufacturing cost of key raw materials used in lithium-ion batteries.
NYSERDA: $87,524; co-funding: $365,835
Status: completed; the project was discontinued when results did not show sufficient commercial promise.

There's a really good paragraph in the article about projects going on to bigger things but I suggest you review every article for yourself and not rely on myself or a negative perspective view citing only what a negative poster cites as relevant.

Anyway good luck I hate misleading information. DYOR

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This was great research @carlos18 - I'm a little surprised why there hasn't been more comment on the contents of your post.

MNS Price at posting: 41.5¢ Sentiment: None Disclosure: Not Held
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Ann: Magnis Makes Strategic Investment in US Group C4V, page-60

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Ann: Magnis Makes Strategic Investment in US Group C4V, page-60

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