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lithium-sulphur

Lithium-sulphur battery firm Oxis on brink of collapse

Tue, 06/01/2021 - 09:33 -- paul Crompton
Lithium-sulphur battery firm Oxis on brink of collapse

Lithium-sulphur battery developer Oxis Energy Limited is on the brink of collapse after failing to secure the funding it needed to continue its research.

British accountancy firm BDO has been appointed to wind up the British lithium-sulphur battery specialist firm.

The majority of the Oxford-based company’s 60 staff have been made redundant.

BDO’s business restructuring partners Simon Girling and Chris Marsden have been appointed as insolvency practitioners.

The joint administrators are now in the process of effecting a sale of the company’s specialist testing equipment and 43 patent families.

Indicative offers were originally requested by 28 May, but a BDO spokesman told BEST the deadline had been extended to 9 June "considering the level of interest expressed in the business and its assets". 

Girling said: “The company was unable to secure the investment required to continue its product development. 

“However, we are hopeful of obtaining a sale of the company’s specialist testing equipment, together with approximately 200 patents held by the company, and the opportunity remains for an acquirer to purchase these assets in situ at an internationally acclaimed testing centre, and separate R&D facility.”

In January, BEST was told by Oxis it was expecting to close a “significant capital injection” following news it had “suspended operations”, which included putting a halt on its $5 million, ten-year contract with Yachts de Luxe (YdL) of Singapore.

The company blamed COVID-19 for the halt in operations, with Oxis saying at the time it was working with its board of directors on accessing short-term funding while it waited for investment funds— signed last year— to be received.

In April the concerns seemed to have been allayed when Oxis announced it would deploy its solid-state lithium-sulfur cell and battery systems for use in trials, proof-of-concept and demonstrator systems this Autumn.

Oxis’ 44 patent families include 214 patents and 106 pending that cover electrolyte systems for lithium-sulphur cells, methods of cell construction and electrodes.

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Lithium-sulphur industry urged to share research to advance technology

Wed, 02/24/2016 - 13:03 -- paul Crompton
Lithium-sulphur industry urged to share research to advance technology

The lithium-sulphur industry should unite and share research to advance the technology to the point where it can be commercialised.

The comments were made during the Oxis-organised Lithium-Sulphur Batteries: Mechanisms, Modelling and Materials event in London, UK last week.

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Sion picks Solith to supply cell winder technology for lithium-sulphur battery

Fri, 01/29/2016 - 11:16 -- paul Crompton
Sion picks Solith to supply cell winder technology for lithium-sulphur battery

Solith/Sovema SpA has been chosen as the advanced equipment designer and supplier to US lithium-sulphur battery maker Sion Power Corporation.

Solith/Sovema’s customised winder has said to afford manufacturers flexibility in cell design while being able to maintain production rates.

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OXIS Energy collaborates with Proinso for solar storage system

Fri, 01/31/2014 - 11:29 -- Ruth Williams
The solar market is continuing to grow

Oxis Energy is collaborating with Proinso to develop a prototype energy storage system to integrate with PV systems.

Proinso is a PV inverter and system supplier, it is working with the lithium-sulphur battery developer to create a storage system for commercial release later this year.

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NOHMs to create 162 jobs with US$5.3m lithium-sulphur battery facility in Kentucky

Thu, 09/05/2013 - 11:15 -- Editor
NOHMs

NOHMs Technologies Inc. has chosen Lexington, Kentucky to locate a US$5.3m research, manufacturing and product development facility for military, cell phone and electric vehicle lithium-sulphur batteries.

The company, which plans to create up to 162 jobs will utilise the Kentucky-Argonne Battery Manufacturing Research and Development Centre and the University of Kentucky’s Spindletop Administration Building.  

Founded in October 2010, NOHMs Technologies has developed a battery based on lithium-sulphur chemistry. The company’s vision is to commercialise lithium-sulphur battery technology to allow mass commercialisation of electric vehicles.

Nathan Ball, CEO of NOHMs, said: “This move will enable our company to take the next step fully to develop and commercialise our products across a variety of markets.”

Dr. Tony Hancock, executive director of the Kentucky-Argonne Center said: “NOHMs has a game-changing technology in the battery industry, and by using the world-class facilities and equipment at Kentucky-Argonne, NOHMs will be able to produce prototype quantities for testing this new technology.

“We are actively recruiting other companies such as NOHMs to move to Kentucky, use this facility and help make Kentucky the centre for battery technology.”

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