Award from M2I2 to advance dry battery
electrode manufacturing for sustainable battery production
BILLERICA, Mass., July 11,
2024 /CNW/ -- AM Batteries (AMB), a pioneer in the
field of lithium-ion dry-electrode technologies, has established a
new Customer Success Center, a ground-breaking initiative aimed at
providing unparalleled support and value to its customers. The
state-of-the-art facility is designed to help customers test and
qualify their materials on AM Batteries' dry-electrode
manufacturing process in a dry-room manufacturing environment,
ensuring optimal electrode and battery performance.
The company has consistently been at the forefront of innovation
in dry-battery electrode technology. Their specific technique not
only enhances performance, but also reduces environmental impact,
making AM Batteries a valuable partner for companies seeking
sustainable solutions. This commitment to innovation is reflected
in its new Customer Success Center.
The Center stands out due to its comprehensive coating-line
solution housed within a dry-room environment. This setup enables
the production of industry-standard, double-sided, moisture-free
electrodes, which are essential for customer testing. Additionally,
it provides customers a way to work with moisture-sensitive
materials. Primary users of the center will be AM Batteries'
customers, including automotive OEMs and other industry
partners.
The Customer Success Center also will enable potential customers
to significantly accelerate the validation of AM Batteries' dry
process with their materials. The center's advanced dual-sided
coating line and dry-room capabilities ensure high productivity and
quality control, enabling customers to run large samples with ease.
These features are designed to coat industry-standard battery
electrodes, providing customers with the means to test and qualify
materials effectively.
The $2.23 million award from the
Massachusetts Manufacturing Innovation Initiative (M2I2), a program
run by the Center for Advanced Manufacturing (CAM) at the
Massachusetts Technology Collaborative (MassTech), is instrumental
in supporting the establishment of the center. The M2I2 program
works to bridge the gap between innovation and commercialization in
various manufacturing sectors and helps support
cross-collaboration among companies, universities, national labs,
and other institutions. Additionally, the company continues to
be bolstered by its strong investor group, ensuring sustained
growth and development.
"We are grateful to M2I2 for this grant, which recognizes AM
Batteries' commitment to advancing the greater Boston area's innovation ecosystem. Our dry
battery electrode technology is a game-changer, offering battery
manufacturers substantial cost savings and environmental benefits,"
said Lie Shi, CEO of AM Batteries. "This funding will support our
new Customer Success Center, featuring a pilot manufacturing line
where clients can validate materials and electrode performance,
accelerating the adoption of our groundbreaking technology."
"These 13 companies have demonstrated immense potential to scale
manufacturing in Massachusetts,"
said CAM Director Christine Nolan.
"The M2I2 program helps to ensure that companies who will use these
funds to build out pilot scale production capacity also invest in
their communities and employees. Manufacturing continues to be an
industry that drives the Massachusetts economy and provides good
paying, sustainable jobs for people with and without college
degrees."
AM Batteries focuses on higher throughput dry-electrode
manufacturing for lithium-ion batteries. Compared to the
conventional slurry-casting approach, AMB's technology eliminates
solvent recovery and electrode drying, which can reduce the energy
consumption and carbon footprint of a battery plant by more than
40%. The technology also can save up to 40% in capital expenditures
in electrode manufacturing, through the removal of dryers, solvent
recovery systems, and other costly associated infrastructure.
Beyond this, AMB's technology paves the way for higher energy
density, faster charging, and lower-cost lithium-ion batteries.
AMB's future-proof manufacturing technology can be leveraged for
multiple types of battery-electrode fabrication. For more
information,
visit https://am-batteries.com.
About AM Batteries
AM Batteries (AMB), headquartered in Billerica MA,
focuses on higher throughput dry-electrode manufacturing for
lithium-ion batteries. Compared to the conventional slurry-casting
approach, AMB's technology completely eliminates solvent recovery
and electrode drying, which can reduce the energy consumption of a
battery plant by more than 40% and save over 40% in capital
expenditures in electrode manufacturing, while reducing the plant's
carbon footprint by nearly 50%. Beyond this, AMB's technology paves
the way for higher energy density, faster charging, and lower-cost
lithium-ion batteries. AMB's future-proof manufacturing technology
can be leveraged for multiple types of battery-electrode
fabrication. For more information,
visit https://am-batteries.com.
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SOURCE AM Batteries