Anteox optimised in a Marque EV customers 20% silicon anode gives an increases performance by an amazing 40% in EV range and a substantial saving of over $500 USD per EV , what will Antoetech's proprietary 70% silicon achieve in energy retention /range and cost saving using the 8 times cheaper unrefined silicon? It it would be reasonable to expect 3 x performance increase and 8 times cost saving and an easy 1500 k range EV , why keep everything a secret David ? while battered/ bruised long standing shareholders holding is diluted and value destroyed, the market thinks no news is be bad news hence that shocker of a 2.5c capital raise that also halved the market cap of the company , well done mate.
The Queensland Critical Minerals and Battery Technology fund is supporting local company AnteoTech in its mission to revolutionise the design of lithium-ion batteries.
The Brisbane-based company is working on the development of silicon dominant anodes that will boost battery performance.
Silicon anode lithium-ion batteries showcase superior characteristics including lower cost, increased energy density, faster charging times and reduced weight.
AnteoTech’s proprietary ultra-high silicon anode formulation has been shown to be scalable, with an initial production run of anodes containing 70% silicon instead of the usual graphite.
This positions the AnteoTech enhanced batteries as an ideal choice for a wide range of applications including electric vehicles, consumer electronics, medical devices and grid storage.
The fund’s $1.39 million of support will help AnteoTech accelerate its $4.38 million internal project and take the company from prototype stage through to a ready commercial design and support the creation of 4 new scientific jobs.
AnteoTech battery testing
Last updated: 3 April 2024
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