News 
Market Data 
Discover
Replies to post #82114 on Niocorp Developments Ltd (NB)
Battery Streak is taking a more conservative approach in the electric vehicle sector. They’re in conversation with multiple automotive clients, but the second caveat facing their tech is that the niobium formulation reduces the total capacity of the battery by about 20% compared to a lithium-ion battery of the same size. The tradeoff is faster charging for reduced range. Some deficit can be offset by the reduced need for cooling gear, which also costs weight and space, but with so much consumer concern over range, other next generation battery technologies–especially solid state–may ultimately win the race. Scooters, bikes, and other micro-mobility use cases are also definitely on the table.
In terms of clientele, Battery Streak can’t say much because they’re bound by NDA’s with “pretty much everyone,” according to Grant. Their only large public contract is with the U.S. Navy. Their low temperature and high discharge rate has made Battery Streak’s batteries an enticing target for drone use. Quadcopter-style drones require considerable energy for takeoff but use much less to maintain flight. The military was searching for a battery that could meet that dynamic power profile and recharge quickly in arctic environments, says Alpern, who served in the Navy on active duty from 1984-1990, and worked as a civilian employee from 2009-2021.
