Blackstone Resources has received an official operating-permit to begin production of 3D printed lithium-ion battery-cells in Germany.
The Switzerland firm’s German subsidiary, Blackstone Technology, received approval from the authorities of the city of Döbeln Saxony, Germany.
Blackstone Technology is building manufacturing facilities for the production of 3D printed battery-cells in Döbeln.
The firm aims to begin production this September following the installation of the plant’s machineries and equipment.
The short-term production will be pouch-cells using Blackstone’s Thick Layer Technology.
Blackstone has applied for Federal Ministry for Economic Affairs and Energy funding from the Sächsische Aufbaubank for the construction of the serial-plants in Döbeln.
The funding comes under the ‘Joint Task Improvement of the regional economic structure’ (GRW) scheme.
The GRW has as its central funding priority the support of investments in the commercial economy.
The Sächsische Aufbaubank today handed over the decision for a subsidy for the investment expenditure to Blackstone.
New finance officer
Earlier this month, Blackstone announced the appointment of Christoph von Aesch as its chief financial officer.
His primary responsibilities are to support the ambitious growth initiatives Blackstone plans to undertake, including the management of the group's capital structure and establishing “solid banking relationships, strengthening the finance organisation, leading mergers, and acquisition projects as well as compliance activities”.