on SINGULUS TECHNOLOGIES AG (isin : DE0007238909)
SINGULUS TECHNOLOGIES Advances in Solid-State Battery Production
Kahl am Main, April 25, 2024 - SINGULUS TECHNOLOGIES has secured a development order for production equipment aimed at streamlining the manufacturing process of new solid-state batteries. This development highlights the company's pivotal role in enhancing energy storage options as environmental concerns grow. SINGULUS TECHNOLOGIES draws on its extensive background in surface treatment and coating technologies to tackle the innovative challenge of solid-state battery production. These batteries are anticipated to offer a 30% increase in energy density, improved longevity, and quicker charging compared to traditional lithium-ion batteries.
Dr. Stefan Rinck, CEO of SINGULUS TECHNOLOGIES, emphasized the company's position in shaping the future of battery technology by providing advanced manufacturing solutions. Solid-state batteries, according to Dr. Rinck, could revolutionize the capabilities of electric vehicles and broaden market opportunities beyond mobile and aerospace applications. With no liquid electrolytes, these batteries present lower risks of fire and thermal failure, promoting user and environmental safety. Furthermore, their potential in renewable energy storage as buffers enhances their desirability for sustainable development.
R. H.
Copyright © 2024 FinanzWire, all reproduction and representation rights reserved.
Disclaimer: although drawn from the best sources, the information and analyzes disseminated by FinanzWire are provided for informational purposes only and in no way constitute an incentive to take a position on the financial markets.
Click here to consult the press release on which this article is based
See all SINGULUS TECHNOLOGIES AG news