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Next generation rechargeable lithium battery developer

£2m to £5m
Manufacturing, Technology
UK Wide
04 February 2021

Business description

The business is at a transitional stage from funded research to a revenue generating organisation, having made significant capital investments into new cell manufacturing facilities. The Company is now looking towards the commercialisation of its battery technology for further development and mass production.

Key statistics

  • Successfully tested cells producing 470Wh/kg and targeting c.600Wh/kg with further development
  • Turnover FY20 - £3.45m
  • Gross Profit FY20 – £1.29m
  • Net Assets - £3.1m

The deadline for indicative offers is close of business on Thursday, 18 February 2021

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