BioSolar Initiates Development of Commercial Grade Prototype Lithium-ion Battery o Showcase its Additive Technology

BioSolar has announced that it has commenced the first phase of its commercial grade prototype battery development with the intent of showcasing its proprietary additive technology capable of increasing capacity while reducing costs of next generation lithium-ion batteries.

The initial phase of the commercial prototype development consists of material design and evaluation, followed by electrode design and optimization engineering to maximize the full battery performance.

These efforts are in preparation for the building of a limited number of commercial grade prototype batteries at a contract manufacturer.

Once prototypes are developed that can demonstrate capability, the Company intends to work with its partners on larger scale production runs.

This commercial focus represents a very significant stage of our progress, one we believe will attract collaboration from raw silicon micro-particle suppliers,” said Dr. David Lee, Chief Executive Officer of BioSolar. “The outcome of such collaborative efforts will be a very important precursor to engaging with battery manufacturers, as well as all the electric device companies seeking high capacity, low cost batteries.”

This initiative follows the Company’s recent announcement that it achieved a significant performance milestone with silicon micro-particle (SiMP) anodes enhanced by its innovative silicon (Si) anode additive technology, with data suggesting its technology can achieve significantly higher capacity with lowered costs.

The industry standard for Si anodes currently uses Si nano-particles, but the difficulty of manufacturing raw Si nano-particle materials remains a costly challenge. By contrast, Si micro-particles are easier to manufacture, at a significantly lower cost. Unfortunately, anodes made from Si micro-particles are more prone to damage during battery charging and discharging due to volume expansion, thus they are not yet commercially viable. BioSolar’s innovative additive technology is designed to solve this problem for various applications such as electric vehicles, residential energy storage units, or any product that depends on advances in battery technology to achieve widespread consumer adoption.

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