Hi Captain,
Which Ultronode do you think Mercedes Benz are testing ? 95 % silicon or 70% silicon ? I think both , 380 cycles @ up to 2,400 mAh/g has up to 10 times the energy retention of the EV industry leader Tesla , driving with the lights and air conditioning on gives about 350k range , does this mean 10 x the range with a single charge ( 3,500k) x 380 cycles is over 1.3 million kilometers ? most will take the Ultranode 95 with 380cycles and 5-10 times the range any day, how many ICE cars do over 400,000 k's without major work anyway ?
Investors need to have this kind of performance clarified, a proper Ultranode performance / cost comparison should be done against the best battery tech's out there , only then can Anteotech 's value can be established ( ADO currently $37 million v Sila over $3 billion USD )
The battery division was values at $800 million 3 years ago , substantial improvements have been made over the last year, what is Anteotech really worth today without POC ? and with a MB and a few others signing an anode supply deal ?
Ultranode is 100% Anteotech's patented high silicon anode technology .
Ultranode 95
• Maximum capacity anode coatings of 1,800-2,400mAh/g @ C/20
• “Low” cycle life 250 to 380 cycles @ 80%
Ultranode 70
• Medium capacity anode coatings of 600-1,200 mAh/g
• Intermediate cycle life of up to 670 cycles @ 80%
AnteoTech names Mercedes-Benz as battery anode buyer
The Australian Securities Exchange (ASX) has forced battery anode maker AnteoTech (ASX:ADO) to reveal the name of the
“leading European EV manufacturer” the company will supply its Ultranode product to.
The $64.7 million Brisbane-headquartered company has named German luxury carmaker Mercedes-Benz as the party it has secured its first commercial order of Ultranode battery anode with.
Shares were up nearly 27% to $0.033 immediately after the opening bell this morning (18 October).
Ultranode is AnteoTech’s proprietary ultra-high silicon anode design currently containing 70% silicon. It is constructed using commercially available low-cost silicon — replacing graphite — as the active material.
The anode is made with unrefined silicon, which AnteoTech says offers size, weight and cost advantages.
AnteoTech announced the deal on Tuesday (15 October), which is worth about $40,000 and relates to an initial quantity of Ultranode for testing and evaluation over the coming months.
Following the news, the company went into a trading halt after it received a query from the ASX over the anonymity of the buyer – known only as “EV1” in the original announcement.
(20min delay)