Gelion may not be competitor, they are going into production Mid 2021, and all product looks like it is already spoken for.
Gelion is 50% owned by Energy company. Armstrong.
Maybe we need an investor like an energy company, that also takes all our product.
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investors should understand there are alternatives to lithium-ion and that the stationary energy market is growing 25-fold over the next five years. They would also have applications or desire to be able to diversify away from lithium-ion or lead acid energy storage technologies, he added.
Despite being pre-revenue, the company is not concerned about demand for its products, the CEO said. It already has Memorandum of Understanding (MOU) for product supply in the Philippines and with Armstrong, which has portfolio companies spanning the UK, Italy and India, he explained.
Gelion, page-3
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