Iggy Tan Interview, page-2

Up on the Fraunhofer website today

https://www.ikts.fraunhofer.de/en/press_media/press_releases/2022_09_15_p_cerenergy_ceramic_solid-state_battery_is_commercialized.html

cerenergy® – ceramic solid-state battery is commercializedPress release / September 15, 2022

The Fraunhofer Institute for Ceramic Technologies and Systems IKTS and the Altech Group establish the joint venture Altech Batteries GmbH to commercialize the ceramic solid-state battery cerenergy® developed at Fraunhofer IKTS.

In the coming years, a cerenergy® battery factory is to be built at the Schwarze Pumpe site in Saxony.

cerenergy®-Hochtemperaturbatterien für die stationäre Energiespeicherung© Fraunhofer IKTScerenergy®-Hochtemperaturbatterien für die stationäre Energiespeicherung sind robust, sicher, leistungsstark und preiswert. (Quelle: Fraunhofer IKTS)Prof.

Alexander Michaelis, Institute Director of Fraunhofer IKTS, and Dr. Uwe Ahrens, CEO of Altech Advanced Materials AG, congratulate each other on the joint establishment of the joint venture.
© Fraunhofer IKTSProf. Alexander Michaelis, Institute Director of Fraunhofer IKTS, and Dr. Uwe Ahrens, CEO of Altech Advanced Materials AG, congratulate each other on the joint establishment of the joint venture.
"Over the past ten years, we have developed the cerenergy® high-temperature ceramic battery, a high-performance technology platform for low-cost stationary energy storage.
Our cerenergy® batteries have already been successfully tested in stationary battery modules.
Together with the Altech Group, we are now entering the final phase of industrial product development for global commercialization," says Prof. Alexander Michaelis, Institute Director of Fraunhofer IKTS.Fraunhofer IKTS holds a 25 % stake in the joint venture.

The institute is receiving a research contract from Altech in the double-digit million range to bring the technology to product maturity. The IKTS team is also involved in the accompanying economic feasibility study.