Quantum leap in battery technology .

The world is going battery mad moving forward and this technology makes exisiting battery tech look like a horse and cart. It’s a multiple of Tesla or anything else by the sounds of things. This was announced in today’s AGM report. They also mention they intend to IPO this tech next year. I would imagine that the stock could become a freak. Ppk might be cheap with this sort of thing coming along. They have 5 other products but this is a one off. Dyor.


LI-S BATTERY ADVANTAGES

Energy Density

Li-S batteries have been proven to provide up to 5 to 10 times more power than Li-ion batteries. This will allow not only longer times between charges but also batteries becoming 5 to 10 x smaller for the same battery life as a Li-ion battery.

Battery Cost

Sulphur is one of the most abundant

elements on Earth and is inexpensive

and is less than a hundredth of the cost

of Lithium Cobalt Oxide - the material

predominantly used in Mobile phone,

Laptops and Digital Camera batteries. Less

Charge Rate

Much shorter charging times. Li-S batteries can be recharged far more effectively due to their chemical design. The charging process is much faster, and they have a higher number of charge/recharge cycles. This translates to long lasting batteries and more

reliable life cycles.

Weight Reduction

With a higher energy density capacity, Li-S batteries can be made many times smaller than Li-ion batteries for the equivalent energy delivery and capacity. Significantly lighter batteries with superior performance provides new opportunities in almost

everything using battery power.