Bipolar battery firm Advanced Battery Concepts has secured its seventh licensee of its lead-acid GreenSeal® technology.
The unnamed company has acquired licensing rights to the US firm’s full suite of technologies to ‘provide a strategic advantage in the industrial markets it serves’.
ABC says the leading manufacturer and global supplier of lead batteries– which is under a non-disclosure agreement that prohibits its identification– should be able to achieve more than 60Wh/kg energy density.
This is the seventh license agreement and joins Crown Battery, Clarios, Enersys, Exide Industries, Trojan Battery Company, and Monbat in using the GreenSeal® technology
Dr. Edward Shaffer, CEO and founder of ABC, said the seventh licensee was another significant step forward in the execution of its strategy to accelerate, extend and expand the reach of its technology around the globe.
He said: “When it comes to energy storage, our technology makes it possible to achieve both environmental sustainability and improved performance, something that has eluded battery makers for years.
“This collaboration and license agreement is added proof that Greenseal® technology is ready for mass adoption.”