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Gelion (AIM:GELN) acquires IP for "world's best battery"; calls for National Battery Strategy to lead with Aussie tech and manufacturing

SYDNEY, April 6, 2023 /PRNewswire/ Global renewable energy storage innovator Gelion(AIM:GELN) has acquired the intellectual property for lithium-silicon-sulfur (LiSiS) battery technology from the University of Sydney, in its bid to build the world's best battery and make Australia a renewable energy super power. Gelion CEO John Wood LiSiS offers a pathway to a superior battery technology due to its ability to increase safety, improve performance, lower costs, and potentially shorten the industry's pathway to batteries with ultra high energy-to-weight ratio. These high gravimetric energy density batteries would enable electric vehicles to travel further, and open up next-generation applications like electric aviation. The low-cost sulfur cathode is more stable at higher temperatures than traditional lithium cathodes making it a safer battery, less susceptible to thermal runaway which can cause fires and explosions. Gelion's IP includes additives that capture polysulfides a ....

City Of , United Kingdom , New South Wales , John Wood , Thomas Maschmeyer , London Stock Exchange , National Battery Strategy , University Of Sydney , Sustainable Development Goals , Australian Academy Of Science , Federal Government , Gelion Zinc Bromide , Professor Thomas Maschmeyer , Australian Academy , Australian Prime Minister , Green Economy Mark , April 6 , 023 Prnewswire Global Renewable Energy Storage Innovator Gelion Aim Geln Has Acquired The Intellectual Property For Lithium Silicon Sulfur Lisis Battery Technology From University Of Sydney , N Its Bid To Build The World 39s Best Battery And Make Australiaa Renewable Energy Super Power Gelion Ceo John Wood Lisis Offersa Pathway Toa Superior Technology Due Ability Increase Safety , Improve Performance , Lower Costs , Nd Potentially Shorten The Industry 39s Pathway To Batteries With Ultra High Energy Weight Ratio These Gravimetric Density Would Enable Electric Vehicles Travel Further , Nd Open Up Next Generation Applications Like Electric Aviation The Low Cost Sulfur Cathode Is More Stable At Higher Temperatures Than Traditional Lithium Cathodes Making Ita Safer Battery , Ess Susceptible To Thermal Runaway Which Can Cause Fires And Explosions Gelion 39s Ip Includes Additives That Capture Polysulfides At The Cathode Extending Battery Cycle Life , Ather Than Have The Polysulfides Reach Anode And Reduce Battery Life Prematurely It Is Anticipated That Lisis Technology Will Offer Gelion An Expedited Pathway To Commercialisation Because Can Be Largely Integrated Alongside Standard Lithium Production Processes This Compared Other Options Like Solid State Electrolyte Which Would Involve Significant Additional Costs Acquisition Adds Breadth 39s Current Offering , Hich Already Includes Zinc Bromide Battery Technology For Stationary Energy Storage Applications It Is The Type Of Initiative That Can Also Help To Maximise Opportunity From Australia 39s Strong Position In Academic Research And Natural Resources As Objective Behind Federal Government Establishinga National Strategy ,