Friday, June 16, 2017 12:09:53 AM
http://www.altenergymag.com/news/2017/06/15/biosolar-signs-a-joint-development-agreement-with-leading-lithium-ion-battery-manufacturer-joint-engineering-efforts-with-top-battery-will-focus-on-developing-electrodes-cells-and-batteries-utilizing-the-company%E2%80%99s-low-cost-silicon-alloy-nanocomposite-an/26539/
BioSolar Signs a Joint Development Agreement with Leading Lithium-Ion Battery Manufacturer
Joint engineering efforts with Top Battery will focus on developing electrodes, cells, and batteries utilizing the Company’s low cost silicon alloy nanocomposite
BioSolar, a developer of breakthrough energy storage technology and materials, today announced that the Company has executed a joint development agreement with Top Battery Co., Ltd. ("Top Battery"), a leading manufacturer of advanced lithium-ion battery solutions, based in the Republic of Korea.
06/15/17, 02:56 PM | Energy Storage & Distribution, Other Energy Topics
Santa Clarita, CA - June 6, 2017 - BioSolar, Inc. (OTCQB:BSRC)("BioSolar" or the "Company"), a developer of breakthrough energy storage technology and materials, today announced that the Company has executed a joint development agreement with Top Battery Co., Ltd. ("Top Battery"), a leading manufacturer of advanced lithium-ion battery solutions, based in the Republic of Korea.
This agreement follows the Company's previous announcement that it had successfully completed the laboratory phase of its silicon alloy nanocomposite anode material development with data suggesting its technology can achieve significantly higher capacity with lowered costs. The Company has also recently commenced the engineering phase that focuses on designing and testing the electrodes based on the Company's anode material, as well as full cell design and evaluation with commercially available high capacity cathodes.
BioSolar, with its proprietary technology relating to silicon alloy nanocomposite anode material for lithium ion batteries, believes Top Battery is a natural fit as a developmental partner. Top Battery possesses experience in incorporating technologies such as BioSolar's anode material, and in designing and manufacturing lithium-ion electrodes, cells and battery systems for customers. BioSolar and Top Battery have agreed to ongoing, collaborative efforts to assess, develop, manufacture, and/or market high power high energy lithium ion batteries integrating BioSolar technology and Top Battery technology.
"We are excited to partner with BioSolar, a company whose technology represents tremendous upside in the field of lithium-ion battery manufacturing," said Dr. Whan Jin Roh, CEO of Top Battery. "We are hopeful that BioSolar's focus on silicon alloy nanocomposite anode material development will yield results that ultimately reduce costs and improve efficiencies, a series of objectives that would immediately be of interest to the global market."
"We are pleased to have Top Battery as a development partner, given their experience in incorporating innovative and developing technologies such as our own, and bringing them to market," said Dr. David Lee, CEO of BioSolar. "We are confident that this partnership and its subsequent results will continue to demonstrate not only higher performance but also better price points, strengthening BioSolar's commercial viability and market potential."
About BioSolar, Inc.
BioSolar is developing a breakthrough technology to increase the storage capacity, lower the cost and extend the life of lithium-ion batteries. A battery contains two major parts, a cathode and an anode, that function together as the positive and negative sides. BioSolar initially focused its development effort on high capacity cathode materials since most of today's Li-ion batteries are "cathode limited." With the goal of creating the company's next generation super battery technology, BioSolar is currently investigating high capacity anode materials recognizing the fact that the overall battery capacity is determined by combination of both cathode and anode. By integrating BioSolar's high capacity cathode or anode, battery manufacturers will be able to create a super lithium-ion battery that can double the range of a Tesla, power an iPhone for two days straight, or store daytime solar energy for nighttime use. Founded with the vision of developing breakthrough energy technologies, BioSolar's previous successes include the world's first UL approved bio-based back sheet for use in solar panels.
To learn more about BioSolar, please visit our website at http://www.biosolar.com.
About Top Battery Co., Ltd.
Top Battery develops and produce lithium-ion batteries and materials for application in electric vehicles (xEV) and energy storage systems (ESS). With more than 20 years of experience in the lithium-ion battery industry, Top Battery Co. has solutions for materials, cell design, and automatic production engineering.
To learn more about Top Battery, please visit the company's website at http://www.topbattery.co.kr.
Recent NEWH News
- Form 8-K - Current report • Edgar (US Regulatory) • 09/10/2024 08:30:22 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 08/29/2024 08:30:30 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 08/27/2024 08:30:39 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 08/13/2024 09:03:02 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/12/2024 08:30:49 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 07/30/2024 08:30:13 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 07/17/2024 08:30:24 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 06/20/2024 10:05:22 AM
- Form 8-K - Current report • Edgar (US Regulatory) • 06/04/2024 08:15:29 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 05/13/2024 08:31:01 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/07/2024 08:30:28 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 03/05/2024 09:30:26 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 02/27/2024 09:30:09 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 02/13/2024 09:30:24 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 01/30/2024 09:30:29 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 01/23/2024 09:30:43 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 01/16/2024 09:30:29 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 01/05/2024 09:30:24 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 12/19/2023 09:30:36 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 12/07/2023 09:30:21 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 11/21/2023 10:00:18 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 11/08/2023 09:30:32 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 11/07/2023 09:30:11 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 10/11/2023 08:30:42 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 09/26/2023 08:30:09 PM
VHAI - Vocodia Partners with Leading Political Super PACs to Revolutionize Fundraising Efforts • VHAI • Sep 19, 2024 11:48 AM
Dear Cashmere Group Holding Co. AKA Swifty Global Signs Binding Letter of Intent to be Acquired by Signing Day Sports • DRCR • Sep 19, 2024 10:26 AM
HealthLynked Launches Virtual Urgent Care Through Partnership with Lyric Health. • HLYK • Sep 19, 2024 8:00 AM
Element79 Gold Corp. Appoints Kevin Arias as Advisor to the Board of Directors, Strengthening Strategic Leadership • ELMGF • Sep 18, 2024 10:29 AM
Mawson Finland Limited Further Expands the Known Mineralized Zones at Rajapalot: Palokas step-out drills 7 metres @ 9.1 g/t gold & 706 ppm cobalt • MFL • Sep 17, 2024 9:02 AM
PickleJar Announces Integration With OptCulture to Deliver Holistic Fan Experiences at Venue Point of Sale • PKLE • Sep 17, 2024 8:00 AM