DAYTON, Ohio, March 6, 2024 (GLOBE NEWSWIRE) — Solidion Technology, Inc. (Solidion), an advanced battery technology solutions provider, announced on February 5, 2024 that it will be listed on the Nasdaq (ticker symbol “STI”). ) started trading. It is a combined entity between Honeycomb Battery Company (HBC, Dayton, Ohio) and Nubia Brand International Co., a special acquisition purpose company (SPAC) based in Dallas, Texas.
For those who want to take an air taxi from Manhattan to JFK Airport or from San Francisco Airport to San Jose, California without enduring traffic jams or breathing in carbon monoxide. in the middlethis vision of the future will come true sooner than expected.
Electric vertical takeoff and landing (eVTOL) aircraft are the next breakthrough in urban transportation technology. “There are 288 companies producing electric vertical takeoff and landing aircraft.”1. At the heart of an eVTOL aircraft is a heavy battery pack. Before the eVTOL industry literally takes off, the amount of energy that can be stored in battery packs with reduced mass will need to be significantly increased.
Industry experts agree that eVTOL aircraft require battery systems with gravimetric energy densities greater than 400Wh/kg.2. For an air taxi to carry more passengers, it will need an energy density of battery cells of more than 450 Wh / kg, and even more than 500 Wh / kg.
Lithium-sulfur (Li-S) batteries are currently the only practical battery capable of achieving such high energy densities (theoretically >600 Wh/kg) to facilitate the transition to electric air mobility. Energy storage solution.
The Solidion technology team began developing Li-S batteries in 2010. Solidion has built the most complete intellectual property (including over 100 US patents and numerous international patents for Li-S batteries) and the essential technology to fully commercialize these ultra-high energy batteries . Covering protected lithium metal anodes, quasi-solid or solid electrolytes and separators, graphene-enabled cathodes, and innovative battery cell-to-pack designs, these technologies make Solidion a global leader in high-energy batteries for air mobility. establish its position. .
The same solid-state lithium-sulfur battery could revolutionize ground transportation due to its inherent safety, offering twice the range on a single charge for the same battery weight.
Solidion welcomes the opportunity to collaborate with strategic partners from various industries. Together, we can reduce time to market for lithium-sulfur batteries and accelerate the rise of the eVTOL industry.
About Solidion Technology Co., Ltd.
Headquartered in Dallas, Texas, with a pilot production facility in Dayton, Ohio, Solidion's core businesses include manufacturing battery materials and components, as well as next-generation energy storage systems for land, air, and sea, and electric vehicles. Includes battery development and production. Transportation facilities. Recognized as a global intellectual leader in both high capacity anodes and high energy solid state batteries, Solidion is uniquely positioned to offer his two battery product lines: (ii) three classes of solid-state batteries, including silicon-rich all-solid-state lithium-ion batteries (first generation), lithium metal batteries without an anode (second generation), and lithium-sulfur batteries (third generation); Features advanced process-friendly polymer or polymer/inorganic composite-based solid electrolytes. Solidion's solid-state batteries can be manufactured at scale using today's lithium-ion battery manufacturing equipment. This feature accelerates time-to-market for safe solid-state batteries. Solidion batteries significantly extend EV range, improve battery safety, reduce cost per KWh, accelerate time to market, and offer next-generation cathodes (replace expensive nickel and cobalt with sulfur (S) and other It is designed to realize the possibility of replacing the abundant elements of ).
Solidion Technology Co., Ltd. Contact information
For investors: ir@solidiontech.com
For media: press@solidiontech.com
For technical questions:
Dr. Bor Jang, Chief Scientific Officer, Solidion Technology, Inc.
Bor.Jang@solidiontech.com
Contact information for Nubia Brand International Corp.
James Winters, CEO
james@nubiabrand.US
1 Source: Top 285+ Electric Vertical Takeoff and Landing Startups – Tracxn
2 Source: W. Johnson et al. VTOL Air Taxi Operation Concept Vehicle, 2018
