Directa Plus PLC Update on Partner NexTech Batteries
23 Novembro 2020 - 4:00AM
RNS Non-Regulatory
TIDMDCTA
Directa Plus PLC
23 November 2020
23 November 2020
Directa Plus plc
("Directa" or the "Company")
Directa's partner NexTech announces that the newly developed
Li-S battery with G+ graphene in the cathode exceeds 400Wh/kg in
full-scale pre-production prototypes
Directa is pleased to announce that, further to a collaboration
agreement announced in October this year, NexTech Batteries
("NexTech"), a leading producer and supplier of Lithium-Sulphur
batteries using the Company's G+(R) pristine graphene
nanoplatelets, has achieved above 400 Wh/kg (watt-hours per
kilogram, the usual measure of energy density) in a practical
system. NexTech produced several full-scale pouch format cell
prototypes using its proprietary cathode and electrolyte materials
producing 410Wh/kg of specific energy at a weight only slightly
below 30g. For comparison, standard Lithium-Ion batteries have an
energy density of 100-265 Wh/kg.
NexTech's patented novel nanoparticulate cathode active material
combines Directa's G+ pristine graphene nanoplatelets with
sustainably sourced Sulphur, resulting from the recycling of oil
refinement by-products. Such materials are fully recyclable,
sustainable, ubiquitously available and inexpensive.
Bill Burger, Chief Executive of NexTech, said of the
achievement: "We are very excited about surpassing the 400 Wh/kg
mark in our pre-production prototype cells, and we look forward to
shipping these next generation batteries to our long-term partners
and first strategic customers."
"Transportation electrification and renewable energy storage are
some of the key targets for NexTech's vision, and making
lightweight, safe and affordable batteries available to the world
is part of our exciting future. Demonstrating above 400 Wh/kg in a
practical system has been touted the holy grail for many of these
applications to become a commercial reality and clearly achieving
this milestone today positions NexTech in the driver seat to the EV
race."
Giulio Cesareo, Chief Executive of Directa Plus, commented:
"This is a fantastic achievement by NexTech and I congratulate the
team. Material science and engineering are crucial in responding to
global challenges such as increased demand in energy. For us at
Directa, this also represents the opening of a new, high potential
vertical market that could use large amounts of our products."
For further information please visit
http://www.directa-plus.com/ or contact:
Directa Plus plc +39 02 36714458
Giulio Cesareo, CEO
Marco Ferrari, CFO
Cenkos Securities plc (Nominated Adviser
and Joint Broker) +44 131 220 6939
Neil McDonald
Pete Lynch
N+1 Singer (Joint Broker) +44 20 7496 3069
Rick Thompson
Phil Davies
Tavistock (Financial PR and IR) +44 20 7920 3150
Simon Hudson
Edward Lee
NexTech Batteries Inc. +1 408 892 8992
Bill Burger, CEO
Fabio Albano, CTO
About Directa Plus
Our focus is principally on the two sectors in which we have
strong commercial advantage through developed and launched products
and a technological lead: environmental (based on our
Grafysorber(R) product) and textiles (based on our G+ products). In
addition, we will continue to pursue opportunities in elastomers
and composites (including tyres and asphalt), also using our G+
products. All our products are hypoallergenic, non-toxic and
sustainably produced.
About NexTech Batteries
Founded in 2016, NexTech is the industry leader in
Lithium-Sulfur (Li-S) battery technology. Owns the exclusive
license to Lawrence Berkeley National Lab's Li-S battery
intellectual property. Li-S is a superior battery technology to
Lithium-Ion (Li-ion) with 5X theoretical specific energy (Wh/kg)
and a superior safety profile not prone to thermal runway, full
recyclability and 50% lower manufacturing cost. The company has
extended the capabilities of the technology tremendously and made
headways in scaling up both the raw materials synthesis and the
prototype battery development. NexTech is in the process of scaling
up its manufacturing in order to meet increasing demand from
customers for its batteries.
http://www.nextechbatteries.com
-ends-
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