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Technicals Focus on Axion Power Intl Inc (AXPWQ)
Technical analysis is a trading tool used to value securities and also to forecast their future price movements by analyzing the trading activity statistics like volume and price fluctuations. Where fundamental analysts attempt to evaluate the intrinsic value of securities, technical analytics follow charts of price movements and then forecast future price movements through various analytical tools to evaluate a security’s weakness or strength.
Moving Averages are prominently used technical indicators that smooth out price action by filtering out random price fluctuations. It’s a trend-following (lagging) indicator as it is based on past pricing.
The two basic Moving Averages are the simple moving average (SMA), the simple average of a security over a defined number of time, and the exponential moving average (EMA), which gives more prominence to recent prices. The most common reasons why MAs are used are to determine support and resistance levels and to identify trend direction.
Though MAs are useful on their own, they also lay the foundation for other indicators such as the Moving Average Convergence Divergence (MACD). Axion Power Intl Inc (AXPWQ)’s 1-Month Moving Average is 0.0023, while the 3-Month Moving Average is 0.0024.
Average Volume is the amount of securities traded in a day on average over a specific time period. Trading activity relates to the liquidity of a security.
When average volume is high, the stock has high liquidity and can be therefore easily traded, while conversely, when the trading volume is low, the commodity will be less expensive as traders are not as willing to purchase it.
Average volume has an effect on the price of the security. Axion Power Intl Inc (AXPWQ)’s 1-Month Average Volume is 0.0023 and the 3-Month Average Volume is 0.0024.
Axion Power Intl Inc (AXPWQ)’s 50-Day Raw Stochastic, which shows (on a range of 0%-100%) where the price closed in relation to its price range over the last 50 Days is 48.28%.
Their 50-Day Stochastic %K, which indicates (on a range of 0%-100%) where the price closed in relation to its price range over the last 50 Days with a 3-period exponential moving average applied is 47.13%.
Finally, their 50-Day Stochastic %D, the indicator that shows (on a range of 0%-100%) where the price closed in relation to its price range over the last 50 Days with a 3-period exponential moving average applied, is 36.78%.
Axion Power Intl Inc (AXPWQ)’s TrendSpotter Opinion, the signal from Trendspotter, a Barchart trend analysis system that uses wave theory, market momentum & volatility in an attempt to find a general trend, is Sell.
Its TrendSpotter Strength, the strength of the signal compared to its historical performance where Maximum is the strongest this signal has been and Minimum the weakest, is Minimum, while the company’s TrendSpotter Direction, which indicates whether the Buy or Sell signal is strengthening or weakening, or whether a Hold signal is heading towards a buy or sell signal, is Average.
Barchart Opinions show investors what a variety of popular trading systems are suggesting. These Opinions take up to 2 years’ worth of historical data and runs the prices through thirteen technical indicators.
After each calculation, a buy, sell or hold value for each study is assigned, depending on where the price is in reference to the interpretation of the study.
Today’s opinion, the overall signal based on where the price lies in reference to the common interpretation of all 13 studies, for Axion Power Intl Inc (AXPWQ) is 32% Sell.
SOURCE: https://parkercitynews.com/technicals-focus-on-axion-power-intl-inc-axpwq/200426/
Pivot Points in Focus: Axion Power Intl Inc (AXPWQ)
A “pivot point” is a technical analysis indicator used to glean the overall trend of the market over differing time periods. The pivot point itself is simply the average of the high, low and closing prices from the previous day’s trading. On the following day, any trading above the pivot point indicates ongoing bullish trends, while trading below the pivot point indicates a bearish trend. Pivot point analysis is used in calculating support and resistance levels, much like trend line analysis. In pivot point analysis, the first support and resistance levels are found by utilizing the width of the trading range between the pivot point and either the high or low prices of the previous trading day. Secondary support and resistance levels are found using the full width between the high and low prices of the previous trading day.
Pivot points are oft-used indicators for trading futures, commodities, and stocks. They are static, remaining at the same price level throughout the day. Five pivot point levels are generated by using data from the previous day’s trading range. These are composed of a pivot point and two higher pivot point resistances called R1 and R2 and also two lower pivot point supports called as S1 and S2. Axion Power Intl Inc (AXPWQ)’s Pivot Point is 0.0024. Its 1st Resistance Point is 0.0032 and its 2nd Resistance Point is 0.0036. The 1st Support Point is 0.002 while its 2nd Support Point is 0.0012.
Axion Power Intl Inc (AXPWQ)’s Raw Stochastic, which shows (on a range of 0%-100%) where the price closed in relation to its price range over the last nine days is 77.27%. Their Stochastic %K, which indicates (on a range of 0%-100%) where the price closed in relation to its price range over the last nine days with a 3-period exponential moving average applied is 80.30%. Finally, their Stochastic %D, the indicator that shows (on a range of 0%-100%) where the price closed in relation to its price range over the last nine days with a 3-period exponential moving average applied, is 80.81%.
Known also as statistical volatility, Historical Volatility is the realized volatility of a financial instrument over a specified period of time. The measure is calculated by finding the average deviation from the average price of a commodity during a specified time period.
Standard deviation is the most common, though not only, way to calculate historical volatility. Axion Power Intl Inc (AXPWQ)’s 9-Day Historical Volatility is 679.16%, its 14-Day Historical Volatility is 607.71%, and looking back further, its 20-Day Historical Volatility is 633.21%.
Axion Power Intl Inc (AXPWQ)’s TrendSpotter Opinion, the signal from Trendspotter, a Barchart trend analysis system that uses wave theory, market momentum & volatility in an attempt to find a general trend, is Sell.
Barchart Opinions show investors what a variety of popular trading systems are suggesting. These Opinions take up to 2 years’ worth of historical data and runs the prices through thirteen technical indicators. After each calculation, a buy, sell or hold value for each study is assigned, depending on where the price is in reference to the interpretation of the study.
Today’s opinion, the overall signal based on where the price lies in reference to the common interpretation of all 13 studies, for Axion Power Intl Inc (AXPWQ) is 16% Sell.
SOURCE: https://parkercitynews.com/pivot-points-in-focus-axion-power-intl-inc-axpwq/181440/
Axion Power Intl Inc (AXPWQ) in Focus: Technical Indicators
Technical analysis is an investing tool used to judge commodities along with attempting to forecast their future moves by analyzing trading activity statistics. Where fundamental analysts evaluate the intrinsic value of a security, technical analytics scrutinize charts of price movements and forecast future pricing through various analytical tools in order to evaluate a security’s strength or weakness.
Moving Averages are prominently used technical indicators that smooth out price action by filtering out random price fluctuations. It’s a trend-following (lagging) indicator as it is based on past pricing. The two basic Moving Averages are the simple moving average (SMA), the simple average of a security over a defined number of time, and the exponential moving average (EMA), which gives more prominence to recent prices. The most common reasons why MAs are used are to determine support and resistance levels and to identify trend direction. Though MAs are useful on their own, they also lay the foundation for other indicators such as the Moving Average Convergence Divergence (MACD). Axion Power Intl Inc (AXPWQ)’s 1-Month Moving Average is 0.0022, while the 3-Month Moving Average is 0.0023. Average Volume is the amount of securities traded in a day on average over a specific time period. Trading activity relates to the liquidity of a security. When average volume is high, the stock has high liquidity and can be therefore easily traded, while conversely, when the trading volume is low, the commodity will be less expensive as traders are not as willing to purchase it. Average volume has an effect on the price of the security. Axion Power Intl Inc (AXPWQ)’s 1-Month Average Volume is 0.0022 and the 3-Month Average Volume is 0.0023.
Axion Power Intl Inc (AXPWQ)’s 50-Day Raw Stochastic, which shows (on a range of 0%-100%) where the price closed in relation to its price range over the last 50 Days is 20.69%. Their 50-Day Stochastic %K, which indicates (on a range of 0%-100%) where the price closed in relation to its price range over the last 50 Days with a 3-period exponential moving average applied is 48.28%. Finally, their 50-Day Stochastic %D, the indicator that shows (on a range of 0%-100%) where the price closed in relation to its price range over the last 50 Days with a 3-period exponential moving average applied, is 58.62%. Axion Power Intl Inc (AXPWQ)’s TrendSpotter Opinion, the signal from Trendspotter, a Barchart trend analysis system that uses wave theory, market momentum & volatility in an attempt to find a general trend, is Sell. Its TrendSpotter Strength, the strength of the signal compared to its historical performance where Maximum is the strongest this signal has been and Minimum the weakest, is Minimum, while the company’s TrendSpotter Direction, which indicates whether the Buy or Sell signal is strengthening or weakening, or whether a Hold signal is heading towards a buy or sell signal, is Average.
Barchart Opinions show investors what a variety of popular trading systems are suggesting. These Opinions take up to 2 years’ worth of historical data and runs the prices through thirteen technical indicators. After each calculation, a buy, sell or hold value for each study is assigned, depending on where the price is in reference to the interpretation of the study. Today’s opinion, the overall signal based on where the price lies in reference to the common interpretation of all 13 studies, for Axion Power Intl Inc (AXPWQ) is 64% Sell. The Opinion Direction, a three-day measurement of the movement of the signal, an indication of whether the most recent price movement is going along with the signal. Strongest, Strengthening, Average, Weakening, or Weakest. A buy or sell signal with a “strongest” direction means the signal is becoming stronger. A hold signal direction indicates where the signal is heading (towards a buy or sell): Bullish, Rising, Steady, Falling, or Bearish. Axion Power Intl Inc (AXPWQ)’s direction is Strengthening. Axion Power Intl Inc (AXPWQ)’s opinion strength, a long-term measurement of signal strength vs. the historical strength, is Average. Opinion strength ranges from Maximum, Strong, Average, Weak, Minimum. A stronger strength is less volatile and a hold signal does not have any strength.
Technical analysts believe in the idea that price changes of a security and past trading activity are better indicators of that given security’s future price movements than simply the intrinsic value of said security. Technical analysis was created out of simple concepts learned from Dow Theory, the theory of trading market movements that originated from the early writings of Charles Dow. The two basic assumptions of Dow Theory say analysis are: 1.) market price discounts all the factors that could influence a security’s price and: 2.) market price movements are not simply random but move in an identifiable pattern and that repeat over time. The first assumption, that price discounts everything, means the market price of a commodity at any given point in time perfectly reflects all available information, and represents the security’s true fair value. It is based on the idea the market price always reflects the sum total knowledge of the market.
The second basic assumption, the notion that price changes are not just random, leads to the belief that both short term and long term market trends can be identified, allowing traders to profit from investing when following the existing trend. Technical analysis is used in order to forecast the price movement of all tradable instruments that are subject to the forces of supply and demand, including currency pairs, bonds, stocks, and futures. Technical analysis can be viewed simply as the study of supply and demand as reflected in market price movements of securities. It is usually applied to price changes, though analysts may also track numbers other than price, such as open interest figures or trading volume.
Many technical indicators have been developed by analysts over the years in an attempt to forecast future price movements accurately. Some indicators are focused on determining the how strong a trend is and also the possibility of its continuation while other indicators focus on identifying current market trends, including resistance areas and support. Commonly used technical indicators include moving averages, trendlines, and momentum indicators like the moving average convergence divergence (MACD) indicator. Technical analysts apply these indicators to charts of differing timeframes. Short-term traders may use charts covering one-minute timeframes to hourly or even four-hour timeframes, and traders analyzing more long-term price movements look over daily, weekly or monthly charts.
SOURCE: https://parkercitynews.com/axion-power-intl-inc-axpwq-in-focus-technical-indicators/189470/
Taking a Closer Look at Axion Power Intl Inc (AXPWQ)
Fundamentals consist of quantitative and qualitative information that provide the foundation to economic health and, fittingly, the financial valuation of a security, company, or currency. Investors and analysts inspect a company’s fundamentals to develop an understanding as to whether the asset could be considered a worthwile investment. From a business point-of-view, information such as liabilities, growth, revenue, assets, and earnings are a company’s fundamentals. Solid fundamentals reveals that a business has a solid financial structure, where, in contrast, companies with shaky fundamentals will have problems. Businesses that have strong fundamentals are more likely to get through bad times, like recessions or depressions, than those with weak ones. Strong fundamentals indicate that a company is a less risky investment.
Axion Power Intl Inc (AXPWQ)’s shares opened at $0.0023, hitting a high of $0.0023 and bottoming out at $0.0016. Change is the difference between the current price and the previous day’s settlement price. Change is the basis for describing and measuring data over a specific period of time. A negative change indicates declining performance while a positive change indicates an improved performance. Interpretation change can be left to the analyst.
The formula for finding change is by subtracting the previous time period from the most recent time period. If a company trades at $20 at the end of the first quarter and $40 at the end of the second quarter, the change $40 minus $20, or $20. Here we find the change to be positive, but by how much? The price went up from $20 to $40, so it doubled. In this example, the company’s stock price grew 100% in the first quarter. Investors like change. Change allows investors to make a profit. In volatile markets, there are many opportunities for investors to make up for losses.
Prices are based on the change in price of assets. Value is based on changing prices. “Calls” make a bet that the price of the asset will increase, while “puts” bet that the price of the asset will go decrease. More volatility means that there is more likely a chance for investors to make a profit. Their change was $-0.0012 and total volume was 50000.
Axion Power Intl Inc (AXPWQ)’s previous close was $0.0028. Previous close refers to the prior day’s value of a given security. When comparing a security’s closing price from one day to the next, investors can see how the price has changed over time.
Standard Deviation is a measure of the current average variability of return. A move of (plus or minus) 1 std deviation means a 33% odds for a major price move, whereas a move of (plus or minus) 3 std deviations means a 1% odds for a major price move. Axion Power Intl Inc (AXPWQ)’s Standard Deviation is -1.37.
Weighted Alpha is a measure of how much a stock has risen or fallen over a one-year period with a higher weighting for recent price activity. Axion Power Intl Inc (AXPWQ)’s Weighted Alpha is -67.42.
A 52-week high/low is the highest and lowest share price that a stock has traded at during the previous year. Investors and traders consider the 52-week high or low as a crucial factor in determining a given stock’s current value while also predicting future price movements. When a commodity trades within its 52-week price range (the range that exists between the 52-week low and the 52-week high), investors usually show more interest as the price nears either the high or the low.
One of the more popular strategies used by traders is to buy when the price eclipses its 52-week high or to sell when the price drops below its 52-week low. The rationale involved with this strategy says that if the price breaks out either above or below the 52-week range, there is momentum enough to continue the price fluctuation in a positive direction. Axion Power Intl Inc (AXPWQ)’s high over the last year was $0.0023 while its low was $0.0016.
Moving average convergence divergence (MACD) is a trend-following momentum indicator that illustrates the relationship between two moving averages. MACD is calculated by subtracting the 26-day exponential moving average (EMA) from the 12-day EMA. A “signal line”, the 9-day EMA of the MACD, can then plotted on top of the MACD, acting as a trigger for buy and sell signals. There are three methods used to interpret the MACD. The first is “Crossovers”. When the MACD falls below the signal line, it is bearish, indicating that it might be time to sell. When the MACD shoots above the signal line, the indicator is bullish, indicating that the price of the commodity is probably going to experience upward momentum. The second method is “Divergence”, meaning that when the price of the security diverges from the MACD, it signals the end of the current trend. Lastly, there is the “Dramatic Rise”.
When the MACD experiences a dramatic rise, the signal indicates overbought status and will probably soon return to more normal levels.The 9-day difference between a short-term and long-term moving average. A value above 0 indicates a bullish signal while a value below 0 interprets as a bearish signal. Axion Power Intl Inc (AXPWQ)’s 9-Day MACD is 0.0001 and its 14-Day MACD is -0.0001.
Axion Power Intl Inc (AXPWQ)’s TrendSpotter Opinion, the signal from Trendspotter, a Barchart trend analysis system that uses wave theory, market momentum & volatility in an attempt to find a general trend, is Sell.
SOURCE: https://parkercitynews.com/taking-a-closer-look-at-axion-power-intl-inc-axpwq/189871/
If you ever find a reasonable, or actually any, answer to this, let us know. Check out TranSwitch (TXCCQ) which filed a Chapter 7 bankruptcy on Nov 22 2013. The stock still trades.
I know the company filled for bankruptcy and sold off pretty much everything they had including the dust on their floors, so why is the stock still trading?
Why you pumping this, the company is gone, dissolved
A big update could really help! We all need a real standout play here.
Sooner or later, this thing will be a pretty penny and patient stockholders will be rewarded.
I understand the reality of the marketplace we are trading in and always try to maintain a healthy dose of skepticism. But I also recognize that this one has all the ingredients to see significant gains.
What company, they filed chapter 7 to liquidate the company. There's nothing left, its belly up, no one want's any part of this
Starting to think it's a good idea to hold our shares for the long haul and not worry about day to day and month to month ups and downs. Holding through and will have patience as the company grows.
Meant stole all the technology they needed
Sorry, stole all the technology
Faith in leadership? They bankrupted the company.
I think our time, for common shareholders redemption is near. I have faith in the Management leadership skills.
AXPW would have zero chance of stopping them from selling them here anyway, being broke and all. My gut tells me the patents may be expired due to non payment of royalties by now???
Anyway like I said here in 2010 it was dead once China rigged the lead supply and raised world prices of lead 300%
No, every US company that operates in China has to give the Chinese company 51 % and the technology so they own it now
"Chinese sold all the tech"
Sold or bought?
Thanks!!!
It closed long time ago, Chinese sold all the tech and no US companies want it. There debts are well above want the patients are worth. The stock should have been halted, their out of business completely
That makes some sense!
Very odd to have a fully reporting 10-K issued weeks before BK chapter 7 close the doors deal?
I called this 8 years ago right here. China killed this tech in 2010 when they stopped selling lead overseas after they put all the world lead mining and smelters outside of China out of business, and starting selling only added value complete lead acid batteries overseas, and raised the lead/and battery prices 400%. It killed the market AXPW was targeting overnight. Enter Tesla and Li-ion....end of story.
Looks like they did a fine job of maximizing shareholder value to zero.
" Today, August 2, 2018, the Board of Directors of Axion Power International, Inc. (the “Company”), resolved that this Corporation is insolvent and unable to pay its debts as they become due, as a result Axion Power international, Inc. has retained Mr. Michael J. Henny, Esquire – Pittsburgh, PA. as counsel for its Chapter 7 bankruptcy proceeding, and for Richard H. Bogan, CEO to prepare and file the Corporation’s Petition and all other necessary papers in connection with the Proceedings under Chapter 7 of Title 11, United States Code, in the United States Bankruptcy Court for the Western District of Pennsylvania, for the purpose of obtaining relief as provided by Title 11, United States Code. This formal filing will occur on or before August 8, 2018. All of the Company’s directors tendered their resignations to be effective immediately upon this bankruptcy filing.
Richard Bogan, the CEO, has commented that over the last 3 years Axion Management has made over 30 detailed, specific and concerted efforts to sell Axion’s IP, merge the Company with another entity, establish a significant joint venture or monetize the value of Axion’s $70+ million NOL’s. Each of these many unsuccessful endeavors has been focused on maximizing Axion’s Shareholder Value. Further, the Company’s multi-year work with its potential partner in the People’s Republic of China – Fengfan Co. Ltd., Baoding, China – has proven to be extremely disappointing. During this time period, the Company has been open and candid in describing its financial and operating challenges through its numerous press releases and SEC filings. "
Is the battery plant, production line and patents all gone?
Why would they not do a reorganization BK, Chapter 13 to wipe out the debt and save the public company or shell? Too costly? Or is this a take private asset raid by the debt collectors? Can't print shares if it is closed down.
AXPWQ $0.0022(-15.38%)
Creditors include Richard Bogan ($1.276M) and funds. Looks like these guys will keep the assets in their funds. Probably getting royalties from Chinese once the stock disappears. Certainly won't pass the smell test if the Chinese make payments
Ouch AXPWQ $0.0026(-16.13%)
AXPW symbol changed to AXPWQ
Bankruptcy
http://otce.finra.org/DailyList
Still believe that blackhound?
Sorry I missed the irony in your previous post! Peace out to you, as well.
Ouch AXPW $0.0031 -26.19%
Correct. There have been pusher's on this message board saying they feel the patents & intellectual property is worth millions. They pushed this stock for over 2 years claiming FenFang was going to make $250k payments, use the technology & license it. This technology was needed and was the future. They stated this stock was going to the moon. There's a very simple reason the stock value is at 4 cents a share and the CEO has decided to go chapter 11.
From the bankruptcy petition:
Total assets $ 46,757
Total liabilities $ 6,710,836
The only person who would buy is a fool looking for a greater fool to sell to.
4 cents a share. pretty good buying opportunity for the risk takers.
Here's an action which speaks for itself.
https://www.pacermonitor.com/public/case/25322276/Axion_Power_International,_Inc
Right decision Heavy Sword.. Not many profit on stocks after a chapter 7 filing.
Who's buying? I was hoping the Chinese would come through but after the chapter 7 filling I sold off my holdings. I was shocked that I was able to unload my shares
All about patience when holding things that are quiet and when things start to hap we know that quickly changes! Obviously believing in what we own and the people running the show is key too as we know. Time to let actions speak for themselves!
Explained here AXPW is insolvent[color=red][/color] from AXPW most recent 8-K Filing:
Today, August 2, 2018, the Board of Directors of Axion Power International, Inc. (the “Company”), resolved that this Corporation is insolvent and unable to pay its debts as they become due, as a result Axion Power international, Inc. has retained Mr. Michael J. Henny, Esquire – Pittsburgh, PA. as counsel for its Chapter 7 bankruptcy proceeding, and for Richard H. Bogan, CEO to prepare and file the Corporation’s Petition and all other necessary papers in connection with the Proceedings under Chapter 7 of Title 11, United States Code, in the United States Bankruptcy Court for the Western District of Pennsylvania, for the purpose of obtaining relief as provided by Title 11, United States Code. This formal filing will occur on or before August 8, 2018. All of the Company’s directors tendered their resignations to be effective immediately upon this bankruptcy filing
Buckmaster6985,
Please explain your post. You are saying that you expected all assets to be sold at auction? You mean Piece Out, instead of "Peace Out"?
Why did it kick up a bit today?
Someone did not notice the bankruptcy statement?
Of course the volume was near zero in dollars.
I wonder if there remains some value in the IP. If the Chinese company really plans to use it, maybe someone who likes to sue cheating companies will buy the rights and wait for the Chinese company to sell batteries that use the technology.
Can ordinary blokes like us bid on the IP in bankruptcy court? Then partner with a company that buys up such rights for the purpose of suing later. I think many the Chinese outfit intended to string Axion along for the purpose of driving them into bankruptcy and then they will bid on the IP, figuring no one else will. Then they can bid almost nothing.
I called it. Peace out.
The Chinese are claiming the technology as their own check out this article:https://m-economictimes-com.cdn.ampproject.org/v/s/m.economictimes.com/industry/energy/power/china-develops-battery-to-store-renewable-energy/amp_articleshow/64079965.cms?_gsa=1&usqp=mq331AQCCAE%3D&_js_v=0.1#referrer=https://www.google.com&_tf=From%20%251%24s
They filed for bankruptcy today, I think. The
chinese battery company made one 250k payment over a year ago and did not follow up with its promises.
I wonder if the IP is already claimed by a debt holder or if it will be for sale. It would be a shame if the chinese outfit can bid on it and get the IP for few thousand dollars and then use it. Perhaps that was their plan all along, that is to string Axion along and then get the IP for nothing when no one else was interested.
It could possibly be worth something, but only to someone with enough money to revive the company. But someone like that should have showed up earlier when there was still someone left at Axion who knew how to use the IP. The chinese company knows how to use the IP. But if someone else ends up with the IP, maybe they can sue that company if they do use the IP which has not expired. But such people would need to be close enough to the business to watch and monitor and have the tools to find IP violations and pay for lawyers.
Well that was fun. I look forward to seeing you all on something better. Best of Luck!
WHAT GOOD IS A BUY ORDER IF YOU CANT EVEN BUY $250 WORTH WITHOUT IT SHOOTING UP 10%.
SHOULDNT THERE BE THOUSANDS OF OUTSTANDING SHARES AVAILABLE?
Why are there so many buy orders? Shouldn't everyone be dumping the stock if it's shutting down?
Here it is end of July and no news.. What's next?
I must have missed this. When did Fengfan make the first $250k payment?
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Lead-Carbon Energy Storage Device Overview
PbC® Technology
The full technical description of Axion's proprietary
PbC®
technology is a "multi-celled asymmetrically supercapacitive lead-acid-carbon hybrid battery." Like a lead-acid battery, our battery consists of a series of cells. Within the individual cells, however, our construction is more complex. Where the negative electrodes in lead-acid batteries are simple sponge lead plates, our negative electrodes are five-layer assemblies that consist of a carbon electrode, a corrosion barrier, a current collector, a second corrosion barrier and a second carbon electrode. These electrode assemblies are then sandwiched together with conventional separators and positive electrodes to make our battery, which is filled with an acid electrolyte, sealed and connected in series to the other cells.
We have been testing laboratory prototypes of Axion's
PbC®
batteries since April 2004. Our test protocol requires a complete charge-discharge cycle every 7 hours to a 90% depth of discharge. During testing, our laboratory prototypes have withstood more than 1,600 cycles before failure. In comparison, most lead-acid batteries designed for deep discharge applications can only survive 300 to 500 cycles under these operating conditions. Based on the work completed during the laboratory development stage, we believe our application specific prototypes will offer several key performance advantages over conventional lead-acid batteries, including:
Over five years have been devoted to research and development on various aspects of this technology. Our work has focused on developing our intellectual property, characterizing baseline performance, developing proprietary treatment processes for the activated carbon we use in our electrodes, developing proprietary designs and manufacturing techniques for electrode assemblies and fabricating a series of material and design evaluation prototypes that range from single cell to multi-cell batteries.
PbC® Battery Overview |
Technology and Performance & Economics
Conventional lead acid batteries are comprised of two electrodes: a positive electrode made of lead dioxide (PbO2) and a negative electrode made of sponge lead (Pb). Both the lead dioxide and sponge lead materials are pasted onto lead grids that act as the current collector. Two half reactions occur on the electrodes during charge and discharge that are described by the well known double sulphate theory for lead acid batteries:
______________________________________
The PbC® battery is a hybrid device that uses the standard lead acid battery positive electrode and a supercapacitor negative electrode that is made of activated carbon. The specific type of activated carbon we use has an extremely high surface area (1500 m2/g) and has been specifically formulated by Axion for use in electrochemical applications. During charge and discharge, the positive electrode undergoes the same chemical reaction that occurs in a conventional lead acid battery, i.e. lead dioxide reacts with acid and sulphate ions to form lead sulphate and water. The main difference in the PbC® battery is the replacement of the lead negative electrode with an activated carbon electrode that does not undergo a chemical reaction at all. Instead, the very high surface area activated carbon electrode stores the protons (H+) from the acid in a layer on the surface of the electrode. This new negative half reaction can be written as the following:
In conventional lead acid batteries the concentration of acid changes from being very concentrated in the charged state to somewhat dilute in the discharged state as the acid is converted to water. In contrast, the PbC® battery stores H+ in the negative electrode in the fully charges state which move to the positive electrode during discharge where they are neutralized to form water. The result is reduced acid concentration swings from the charged to discharged state which reduces grid corrosion on the positive electrode and leads to longer life of the positive electrode.
The first of its kind , PbC lead carbon bi polar battery on display at The Battery Show in Novi Michigan at the Advanced Battery Concepts booth! Look for new battery technology developments from Axion Power and Advanced Battery Concepts !
Sept 12th 2016
----------------------- MAJOR UPDATES - November 2016 ------------------------
For the last year, Axion has been working very hard to secure a partnership which would transform its patients. During 2016 Axion, re shifted its orgin from manufactoring to licensing of there current PbC patients. Axion currently owns 15 patients and have recently added two during the first part of Sept 2016. Axion also owns 5 international patents !
Axion Power International, Inc. has recently entered into a Tri-Party Letter of Intent with Fengfan Co. Ltd. of Baoding, China and LCB International Inc. of BVI, regarding the sale of Axion's PbC® technology in China, Taiwan, Hong Kong and Macau to Fengfan and LCB, along with non-exclusive licensing rights in North America. These rights also include a 2% royalty to Axion Power, and a $5 Million dollar pay out in 24 months. As of Oct 31st the agreement has been signed and the first intital down payment to Axion will begin Dec 2016.
This is the position Axion has been seeking for several months, it allows them to take there patient to China where it will be manufactored and set up in an established market. Part of why Axion has struggled is because of the attempt to manufactor these batteries. Now after the restructure and reoganziation, Axion's partnership with FengFan Co will become a leading provider in China for Lead Batteries which already has a very well established market . Not only will FengFan's partnership allow royalties it also sets up additional sales and revenue for Axion. LCB International has been a key component in finalizing the established deal .
Updates to there products,
http://www.axionpower.com/products
dont forget the power cube...
The PowerCubeTM , our highly customizable PbC? Battery energy storage system, delivers dispatchable power for many applications. Axion Power can customize the PowerCubeTM to fit specified energy storage and usage needs ranging from 100kW containers to multiple MW commercial building units. Configurations are available in building blocks of 100kW, 500kW, and 1.25MW. Custom-racking systems hold batteries securely, and seismic racks are available to absorb vibration and prevent movement.
Our PbC? Batteries Inside Your PowerCube™
PbC® Batteries offer many features that make them ideal for commercial energy storage and grid support applications which include:
• Long Cycle Life: ability to provide approximately 3,000 100% DOD cycles, PbC® Batteries provide many years of service for commercial applications resulting in a lower lifetime cost per kWh.
• Faster Recharge, reducing downtime and maximizing use of the renewable power source.
• Ability to operate in a partial state of charge (PSOC) without reducing lifetime- pertinent in applications such as frequency regulation or renewable buffering and smoothing
• Maintenance Free: AGM sealed, non spillable, self equalizing state of charge even in large strings, overall lower cost to owner
As energy bills are rising and the need to provide green solutions increases, Axion Power’s engineers have created a powerful residential energy storage solution that is customizable to meet the specifc energy needs of the homeowner. Using a 7kWh* base model cabinet, we provide ranges from 7kWh to 28kWh of stored energy. Manage peak loads, maximize consumption of stored energy and easily integrate into your existing solar panels all with ease, quality and reliability. In the event of a power outage, the Axion Power system can combine with solar to form a micro-grid, right inside the owner’s home.
Systems available offering: Energy Rating of 7kWh - 28kWh Power Capability ranging from 4kW - 8kW State-of-the-art seismic rated industrial cabinets
Why PbC? Batteries for Residential Energy Storage? PbC® Batteries offer many features that make them ideal for residential energy storage applications including:
• Long Cycle Life- ability to provide approximately 5,000 65% DOD cycles (with standard residential configuration) providing over 10 years of service resulting in a lower lifetime cost per kWh.
• Warranty-Backed: five-year full and five-year pro-rated when used in our residential systems
• Faster Recharge- quickly accept available solar energy maximizing system’s availability to provide power when needed
• Ability to Operate in a Partial State of Charge (PSOC)- In off-grid systems weather can reduce solar energy availability, PbC® batteries can operate in PSOC without reducing lifetime.
• Maintenance Free: AGM sealed, non spillable and reliable, providing renewable energy storage for many years at an overall low cost of ownership
By combining a low voltage high efficiency LED light, a solar panel and two PbC? Batteries we offer a cost effective, green, outdoor lighting solution. An energy-saving alternative for use as non-essential lighting, these solar lights will turn on at dusk and provide reliable lighting until dawn. During daylight hours, the system naturally collects solar energy, recharging PbC® Batteries for the the next night’s use.
This system is self-sustaining and does not require a grid power source. The stand-alone light is ideal for construction sites, buildings striving for LEED certification, commercial parking lots, parks or even residential communities looking to reduce their energy consumption. In addition, since this system works on stored solar power, it can be configured for use as needed - during specified hours, power outages or severe weather events - making it a more reliable system for areas susceptible to power outages.
The same power supply can be applied to remote monitoring or security applications to provide power for gas well monitoring, remote seismic sensors, weather stations, security cameras or sensors, motion lights or other monitoring equipment in remote off grid areas.
Why PbC? Batteries for Off-Grid Lighting?
PbC® Batteries offer many features that make them ideal for off-grid solar lighting or remote telemetry applications including:
• Long Cycle Life- ability to provide up to 10+ years of worry-free lighting.
• Faster Recharge- quickly accept available solar energy to store for night time lighting
• Ability to Operate in a Partial State of Charge (PSOC)- Weather may reduce solar energy availability, PbC® batteries can operate in PSOC without reducing lifetime.
• Maintenance Free: AGM sealed, non spillable and reliable, providing solar powered lighting for many years
Our off grid power supplies can be customized for a variety of lighting applications and also can be used for remote monitoring or telemetry applications. Contact us for custom options for your lighting or remote power needs.
As the U.S. Armed Forces strive to reduce energy consumption, lead the way in green practices and make our country secure by becoming energy independent, Axion Power can provide the technology to help them achieve these goals. Axion PbC® Batteries and energy storage systems can be customized to fulfill the stringent needs of the military. Using proprietary PbC? Technology, we can provide containerized PowerCube™ energy storage units offering a reliable micro-grid ranging from 100kW to 1.25MW. Our energy storage systems can also be customized to be installed in a traditional building. Custom battery racking systems can be designed to secure various numbers of battery strings and can include seismic rated braces to prevent movement of stored PbC? Batteries.
In addition to energy storage, PbC® Batteries can be used for portable power solutions, genset ramp rate control, renewable buffering and smoothing, remote monitoring, communications and a variety of other military applications.
The unique features of the PbC® Battery offer many advantages desired by the military and the defense industry that include:
• Long Cycle Life- approximately 3,000 100% DOD cycles providing longevity, resulting in a lower lifetime cost per kWh
• Faster Recharge- quickly accept available renewable energy maximizing system’s availability to provide power when needed, reducing genset run times
• Excels in a Partial State of Charge (PSOC)- Weather can reduce renewable energy availability, PbC? Batteries operate in PSOC without reducing lifetime, ideal for off-grid applications
• Maintenance Free: AGM sealed, non spillable, reliable, self equalizing state of charge even in large strings, overall lower cost to the organization
• Wide operating temperature range- Operate through a wide temperature range from -20 to 50 C
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Testing being done in Europe
http://www.axionpower.com/press/press-release/2016-08-25-axion-powers-pbc-technology-at-the-request-of-multinational-automotive-supplier-to-undergo-independent-testing-for-auto-applications-at-the-vrije-universiteit-brussel-research-group-mobi
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