Qualcomm Incorporated said it has made a “strategic investment” in safe battery technology firm Amionx.
As part of the deal – the financial terms of which were not disclosed – Qualcomm president Derek Aberle (pictured) will join the board of Amionx.
Amionx, a spin-out of American Lithium Energy (ALE), was launched to commercialise ALE’s Safe Core technology – which Qualcomm said “acts like a circuit-breaker to prevent lithium-ion batteries from being the source of a fire or explosion”.
Amionx is in the process of licensing Safe Core for use in lithium-ion batteries globally.
Aberle said: “We are excited about the potential for Amionx Safe Core to deliver significant value to suppliers and consumers of lithium-ion batteries across multiple industries.”
“We believe Safe Core can open new product opportunities for lithium-ion batteries where safety concerns have limited their use to date,” Aberle said.