Posted: April 22, 2007

New Clean Energy Storage Nanotechnology

(Nanowerk News) Nanoexa, a nanotechnology-based clean energy company, today announced that the company has delivered new technology to Decktron, Nanoexa's publicly traded subsidiary in Korea, as a result of a Non-Recurring Engineering (NRE) agreement. Decktron, an advanced technology manufacturing company, will apply the nanotechnology to the development of a new generation of lithium ion batteries.

To be used in combination with existing intellectual property from Argonne National Laboratory, the technology is based on a positive electrode material that is comprised of a unique nano-crystalline layered-layered composite structure. This cathode technology will give the new lithium batteries the ability to deliver more than 3000 W/kg, making them among the best-performing on the market today. In addition to the technology, the intellectual property transfer includes a description of low-cost, scaleable methods to manufacture positive electrode material in high volume.

"This rapid IP output and subsequent technology transfer affirms Nanoexa's commitment to commercializing the next wave of battery advancements," said Michael Pak, CEO of Nanoexa. "The layered-layered design of the battery will ensure its stability and safety. We are confident that this agreement with Decktron will result in a safe energy storage solution perfect for the power tool and HEV markets."

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