University of Colorado Boulder spin-out Solid Power to commercialise state lithium battery.

Solid Power, a US-based energy spin-out of the University of Colorado Boulder, has completed a commercialisation agreement with the university’s tech transfer office for a solid-state rechargeable lithium battery.

The new technology allows for less bulky batteries with an increased energy storage capacity. Solid Power now intends to commercialise the battery, with a focus on utilising it in the next-generation of electric vehicles.

The firm is yet to raise any venture backing, but has secured a $3.4m grant from the…

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