It may have missed out on a prize at Battery Council International’s meeting last week, but the tech leaders of San Francisco can spot talent when they see it. Because Aquametals, the company led by Stephen Clarke which offers an aqueous means of recovering lead from spent lead-acid batteries, was named the winner of the San Francisco Business Times Technology and Innovation Award.
Aquametals was described as one of the most dynamic and innovative companies in the Bay Area by the San Francisco Business Times, with its process of environmentally friendly lead-acid battery recycling technology singled out for praise.
“As a company that is young, progressive and passionate, we feel very privileged to be a part of the Bay Area community of innovators,” said Stephen Clarke, chairman and CEO of Aquametals. “Being recognised by this esteemed local organization is truly an honour, and we will continue to push toward further innovations and solutions that positively impact our society.”
Two years ago, the firm entered the commercial recycling industry with its technology which aims to replace conventional smelting.
Within one year, Aquametals had gone public with the issuing of two million shares and raised $20 million in commercialising this technology.
The company is rapidly expanding its production capabilities as it scales its first facility. Additionally, Aquametals plans to install AquaRefining in a to-be-named smelter site beginning in 2018, through its deal with Johnson Controls, the world’s largest manufacturer of automotive batteries.
Aquametals will attend the awards ceremony next week (May 17), in San Francisco