NOVA, the partnership and venture capital branch of building materials company Saint-Gobain, has invested in solid-state lithium metal battery company ION Storage Systems to expand their battery technology collaboration.
The companies are working to establish US manufacturing of ceramic material for large-scale solid-state battery electrolyte manufacturing.
In September, ION announced a multi-year supply arrangement with Saint-Gobain Ceramics, which created Saint-Gobain Lithium Solutions. ION will use Saint-Gobain Ceramics powder from its pilot production and then its high-volume line, and plans to enhance utilization in the following years to meet ION’s planned GWh-scale manufacturing growth. ION aims to supply the EV industry as well as defense, aerospace, consumer electronics and grid storage customers.
“This investment is key in NOVA by Saint-Gobain’s strategy of seeking startups providing innovative solutions for our focused industries,” said Basma Kharrat, VP at Saint-Gobain.
Source: Saint-Gobain
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