InteliSpark client Lionano has been awarded a $859,193 contract from the U.S. Army for the Phase II Small Business Innovation Research (SBIR) project “High Energy Density Materials for Projectile Li-ion Battery.” Lionano is a battery material manufacturing start-up that has created a drop-in replacement material for lithium-ion batteries. The material will improve capacity, battery life, and recharge faster than any material currently available on the market. Lionano is commercializing battery technology originally developed at Cornell University.
Batteries are critical components in modern military electronics. Advanced energy storage devices such as lithium ion batteries (LIBs) must keep up with the development of military technology that demands batteries with high gravimetric and volumetric energy density, fast charging rates, and reliability over extreme operating conditions. These criteria are driving Lionano’s development of new active battery materials that serve as a drop-in replacement for current LIBs. LIBs created from Lionano's novel cathode material also would revolutionize electric vehicles, consumer electronics and industrial energy storage solutions such as wind/solar, telecom batteries and other areas.