Awesome article.
Original issue:
" A123 Systems, a battery manufacturer spun out of MIT that eventually went bankrupt and was acquired by a Chinese company. "
IM3NY super bonus:
"In a sign of the times, one startup hopeful, Imperium3 New York, is using equipment it bought off A123 and transported from Michigan to a factory in upstate New York. It plans to start battery production next year, after initially targeting an earlier date."
Solution:
“What we do have now that we didn’t have in 2009 is a lot more market demand,” Peter Adriaens.
This is all very promising, adding to the fact that the whole article is all about possible grants and dole loans on offer and IM3NY is mentioned, you do the math.
DYOR
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