“Along the way, deals have been inked with companies associated...

“Along the way, deals have been inked with companies associated with Boeing and NASA for who due diligence is thorough and who generally to not work with second rate operators.

“If Li-S continue to execute as per their promises, this is easily a multi-billion business in the making.”

I agree with Tony Hansen!!


https://inqld.com.au/business/2022/09/16/charging-ahead-battery-maker-tipped-to-be-worth-billions/

		Charging ahead: Battery maker tipped to be worth billions - InQueensland - inqld.com.au Deakin scientists recently successfully tested a small drone with the lithium sulphur battery. “Since listing, save for some modest delays in equipment delivery, the company has delivered every promised advancement in the project,” Hansen told investors. inqld.com.au

Charging ahead: Battery maker tipped to be worth billions

BUSINESS
A Brisbane-based battery hopeful, Li-S Energy, was easily a multi-billion-dollar company in the making, according to an investment fund.

EGP Capital has a stake in Li-S Energy and its chief investment officer Tony Hansen said the company had the technology to supersede lithium-ion batteries for applications where the power to weight ratio was important.

He said that was “anything that moves, basically”.

Li-S has been developing lithium sulphur batteries with Deakin University using boron nitrade nanotubes which help overcome the inherent instability in lithium sulphur batteries which are capable of storing more energy than lithium-ion.

Deakin scientists recently successfully tested a small drone with the lithium sulphur battery.

“Since listing, save for some modest delays in equipment delivery, the company has delivered every promised advancement in the project,” Hansen told investors.

“Along the way, deals have been inked with companies associated with Boeing and NASA for who due diligence is thorough and who generally to not work with second rate operators.

“If Li-S continue to execute as per their promises, this is easily a multi-billion business in the making.”

Li-S shares have slid dramatically since it listed in 2021. Shortly after its debut it was at $2.48, but has since fallen to 58 cents along with the broader technology sector. Its current market value is $377 million.

It was spun out of commercialisation company PPK which is also planning a spin out of White Graphene, which EGP said was valued at $40 million. Its technology could be used in hydrogen storage, paints, electronics and cosmetics.

An information memorandum from White Graphene dated August 2022 showed it was raising up to $8.5 million to build a production line which was planned to scale to commercial project and produce about one tonne a week of white graphene.


Li-S batteries could be used for drones