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Global Defense Battery Market accounted for USD 1.87 Billion in the year 2020 and it is anticipated to reach a value of around USD 3.36 Billion by the year 2029. The market growth dynamics account for a CAGR of around 6.47%
With a combination of higher economies of scale and research and development, existing technologies, such as lithium-ion (Li-ion) batteries, have seen rapid performance and cost improvements. There are still unmet needs, however, to be fully addressed. It would be expected that next-generation technologies would deliver a step-change in the performance of key battery characteristics.
In this area, much of the development is being driven by innovative start-ups, working both on the Li-ion market, such as on silica anodes, solid-state electrolytes, and advanced cathodes, and alternative technologies, such as flow and zinc-air batteries.
Dec 16, 2020
By Mark Golden
Yi Cui, a preeminent researcher of nanotechnologies for better batteries and other sustainability technologies, as well as an educator and entrepreneur, will become the next director of Stanford University’s Precourt Institute for Energy. Yi Cui, Stanford materials science professor and incoming director of the Precourt Institute for Energy. (Credit: Feng Pan)
Cui, professor in Stanford’s Department of Materials Science & Engineering and professor of photon science at the SLAC National Accelerator Laboratory, takes over the helm from co-directors Sally Benson and Arun Majumdar. Cui, one of the world’s most cited scientists, will begin his new appointment on January 1. In 2008 he showed that silicon nanowires can significantly boost the performance of rechargeable lithium-ion batteries. This triggered global interest in nanotechnology for energy storage and resulted in his founding of the startup Amprius Inc. Cui and the large group of student