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One of the most significant milestones noted in our November 2020 CEO letter was Coretec’s newfound partnership with German battery developer, Theion. Behind the scenes, the Coretec team has been working hard on its promise to get its CHS material technology into the hands of manufacturers in energy-focused applications such as electric vehicles, solar, semiconductor, solid-state lighting, and many more. This strategic partnership with Theion is the answer to that promise.
So, who is Theion, what do they do and why is this partnership so significant? Theion is a battery technology company that plans to be first to market with a new type of battery called the Quasi Solid-State Battery (QSSB). Theion’s QSSBs are next-generation batteries that are set to surpass all liquid electrolyte batteries in the near future. Designed with a CHS-enabled silicon anode, these batteries will deliver on all cylinders without compromise with higher power density by mass and volume, complete charging within minutes and have an increased lifespan with more charge and discharge cycles.
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