Group14 Technologies to scale up manufacturing of a next generation anode material

[Press Release BUSINESS WIRE LINK] Group14 Technologies (LINK) today announced $18 million in new financing from Amperex Technologies Limited (ATL), Showa Denko (SDK), Cabot Corporation, BASF Venture Capital, and OVP Venture Partners. The new funds will be used to scale up manufacturing of a next generation anode material and advance into commercial production.

BASF and NGK partner to develop sodium-sulfur batteries

German BASF and Japanese ceramics manufacturer NGK INSULATORS, LTD. report that they are expanding their cooperation and entered into a joint development agreement to develop the next generation of sodium-sulfur batteries.

The NAS battery system boasts an array of superior features, including larger capacity, higher energy density and longer life compared to other battery technologies. These features are beneficial for stationary applications. Photo: NGK Insulators Ltd.