Xg Sciences announced today that it has entered into an agreement with Boston Power to jointly develop a novel anode material for lithium-ion batteries. The anode will be based on XG Sciences' silicon graphene technology, which is a three-dimensional (3D) nanomaterial comprising a continuous network of silicon atoms interwoven with carbon atoms in the form of graphene. This 3D structure confers numerous benefits including high electrical conductivity, high surface area, and capacity for intercalation of lithium ions. The anode will be developed for use in Boston Power's advanced lithium-ion batteries, which are used in a wide range of applications including electric vehicles, consumer electronics, and grid storage.
The joint development agreement between XG Sciences and Boston Power will focus on optimizing the silicon graphene anode material for use in Boston Power's lithium-ion batteries. This will involve optimizing the 3D nanostructure of the silicon graphene for maximum lithium ion intercalation, as well as developing a process for the low-cost, large-scale production of the anode material. The agreement between XG Sciences and Boston Power is an extension of the companies' existing collaboration, which has resulted in the successful development and commercialization of silicon anode materials for lithium-ion batteries.
"We are excited to be working with Boston Power on the development of this novel anode material," said Dr. Chris Bates, CEO of XG Sciences. "Our silicon graphene technology has the potential to enable a new generation of high-performance lithium-ion batteries with improved safety, range, and charging time. We look forward to continuing our collaboration with Boston Power to bring this technology to market."
"XG Sciences has been a valuable partner in the development of our silicon anode materials," said Christina Lampe-Onnerud, CEO and founder of Boston Power. "We are excited to be expanding our collaboration with XG Sciences to develop a silicon graphene anode material that has the potential to further improve the performance of our lithium-ion batteries."
About XG Sciences, Inc.
XG Sciences, Inc. is a global leader in the development and commercialization of 3D nanomaterials. The company's proprietary xGnP® 3D nanomaterials are based on a chemically exfoliated graphene platform and are used in a wide range of applications including energy storage, conductive inks and Coatings, 3D printing, and sensors. XG Sciences' 3D nanomaterials are sold under the brand name xGnP® and are available in a range of particle sizes, grades, and packaging options. For more information, please visit www.xgsciences.com.
About Boston Power
Boston Power is a global provider of energy storage solutions. The company's mission is to enable the shift to sustainable transportation by providing best-in-class, reliable, safe, and environmentally friendly energy storage solutions. Boston Power's products are used in a wide range of applications including electric vehicles, consumer electronics, and grid storage. The company's products are sold under the brand name Boston Power® and are available in a range of capacities, voltages, and packaging options. For more information, please visit www.boston-power.com.