Addionics and IL Science Ink MOU for Advancing Next-Gen Lithium Metal Batteries

Addionics, a prominent figure in battery technology and manufacturer of 3D current collectors, and IL Science, a trailblazer in mobility and battery solutions, have unveiled a partnership agreement via a Memorandum of Understanding (MOU). This collaboration seeks to propel lithium metal rechargeable batteries forward by combining high-stability lithium metal with state-of-the-art copper current collectors. This strategic alliance plays a pivotal role in bolstering battery performance and tackling significant challenges that have impeded their widespread adoption.

Lithium metal batteries offer several advantages such as lightweight construction, high energy density, and rapid charging capabilities, marking a notable improvement over conventional lithium-ion batteries. However, their widespread adoption has been hindered by safety, durability, and cost-related concerns. The collaboration between Addionics' innovative 3D Current Collectors™, which revolutionize battery architecture, and IL Science's state-of-the-art lithium coating and treatment technologies, aims to address these challenges. By enhancing the performance and market potential of lithium-ion batteries with lithium-metal anodes, this partnership marks a significant advancement in battery technology.

The development of the highly stable 3D lithium anode as a result of this collaboration will facilitate the commercialization of advanced, high-performance lithium rechargeable batteries, opening up new avenues for leading battery manufacturers globally.

Dr. Moshiel Bitton, CEO and Co-Founder of Addionics, highlighted the significance of this collaboration, stating, "With increasing demand from battery manufacturers and the automotive industry for lithium metal batteries, expediting the development of 3D current collectors tailored for these batteries is imperative." He further added, "By leveraging our expertise in battery technology innovation and expanding manufacturing capabilities in the US, alongside IL Science's experience in the mobility sector and proficiency in mass production and supply chain management, we aim to expedite the introduction of our new product and high-performance lithium metal batteries to the market."

Sung-Geun Song, CEO of IL Science, expressed satisfaction with Addionics as a partner in advancing next-generation lithium rechargeable batteries, stating, "We anticipate that this collaboration will serve as a catalyst for the introduction of further innovative products in the battery market."

Addionics stands at the forefront as a premier producer of 3D Current Collectors™, driving forward the evolution of battery technology. Offering a cost-effective drop-in solution, Addionics seamlessly incorporates into current production setups, enabling battery manufacturers and automobile manufacturers to scale up production capacity while concurrently cutting down on manufacturing expenses. Through a transformative enhancement of the internal physical architecture of batteries, Addionics' 3D Current Collectors yield substantial performance improvements across various battery chemistries. Geared for commercial deployment, Addionics boasts partnerships with leading OEMs and automotive companies throughout North America and Europe.