PATHION Announces Advanced Electrolyte's International licensing Opportunity

By CIOReview | Friday, August 14, 2015
897
1442
296

LOS GATOS, CA: PATHION, a provider of battery products for embedded systems solutions, announces international licensing opportunity for its solid state electrolyte. The company is now offering license for up to two sub-licensees. PATHION has acquired exclusive worldwide rights for the technology/ intellectual property from Los Alamos National Security, a part of Los Alamos National Laboratories.These rights include access to the underlying research and exclusivity for commercial development, manufacture, use, and sale of the technology, as well as the right to sub-license.

Lithium rich anti-perovskite (LiRAP) has been recognized as the solid state nonflammable electrolyte material of choice for the next gen high energy cells, batteries and energy storage solutions. When used as a binder of cathodes and as an electrolyte in lithium battery cells, LiRAP can double voltage resulting in increase of energy density by four times. It provides enhancements in energy density and power as a function of its higher iconic conductivity. Today, most of the electrolytes have lower conductivity; LiRAP prototype has fared 0.01 siemens better than current solid state electrolytes. LiRAP addresses the primary root-cause failure modes of electrolyte based Lithium Ion batteries by preventing swelling, out-gassing and the growth of dendrites between cathodes and anodes.

“PATHION is offering a LiRAP licensing opportunity outside the United States to a maximum of two companies. Presently, we are engaged and in negotiation with two global battery manufacturers for such licenses. Both companies wish to utilize LiRAP technology to accelerate their commercialization of non-flammable, high energy density batteries. Alternative technologies in use today are available but are generally not scalable to achieve higher energy densities as effectively”, says Mike Liddle, Chairman and CEO, PATHION. “LiRAP is patent-protected and proven to be a safe material. PATHION also has a growing number of derivative works to augment the underlying technology. The opportunity for international sub-licensing is likely to close quickly. We invite any other interested parties to contact us very soon.”