Nanoramic's Neocarbonix™ electrode technology to be used in UniverCell's battery products, bringing low-cost, high performance batteries to the European Li-ion market.
UniverCell Holding GmbH (“UniverCell”) and Nanoramic Laboratories (“Nanoramic”) today announced the two companies have signed a non-binding LOI to begin strategic collaboration and bring Nanoramic’s Neocarbonix™ electrode technology to full-commercialization.
Under the agreement, UniverCell will grant Nanoramic worldwide, non-exclusive support to adapt and integrate Nanoramic’s Neocarbonix™ electrode technology for use in UniverCell’s battery products. Both companies will jointly work towards developing the next generation of Li-ion batteries, ready for mass-commercialization by Q4 2021.
“This partnership combines UniverCell’s deep manufacturing expertise with Nanoramic’s revolutionary Neocarbonix™ technology,” said Eli Cohen, VP of Corporate Development for Nanoramic. “We are now best positioned to bring industry-leading Li-ion batteries to the European market.”