Next Gen Battery Technology

Electricity generation is shifting to renewables, but solar and wind power must be backed up at scale to ensure 24/7 availability. High battery prices are slowing the pace of storage deployment, and storage integrators are competing with automakers for supply. Lithium-ion systems (including LFP / LiFePO4) are mostly unsuitable for urbanized areas due to fire risks and production of highly toxic gases. Safer options exist, but most have low energy densities and low power with large footprints.

Our low-cost non-lithium technology allows utilities and project owners to deploy sustainable wide-duration storage without the need for subsidies, and non-flammable and non-toxic materials enable use in areas with high population densities. Alsym technology combines fast charge rates and on-demand user-configurable discharge durations with high round-trip efficiency in a minimal footprint for maximum energy and power with low levelized cost of storage (LCOS), making them ideal for both short-duration and long-duration energy storage (LDES) needs.

Applications include microgrids, short and long-duration storage, UPS & backup, home storage, load shifting, peak shaving, price stabilization, energy rate arbitrage, frequency regulation, renewable ramp up/down buffering, load leveling, and voltage stability.

There’s little tolerance for hazardous battery chemistries in maritime applications. The maritime sector has aggressive decarbonization targets, but extensive safety engineering makes lithium-ion systems expensive, and shipowners are worried about fighting fires at sea.

Unlike lithium-ion batteries, Alsym batteries are made from materials that are inherently non-flammable, reducing the risks to human life and cargo and helping to lower insurance costs and cumulative liabilities.

Hybrid vessel applications include peak shaving, spinning reserve, low-speed arrival / departure, and hotel loads. Applications for fully-electric vessels include short-sea shipping, OSVs, harbor vessels and ferries. Alsym batteries can even be used for off-shore wind farms, oil and gas platforms, and drilling rigs.

Even with recent advancements, the cost of lithium-ion batteries is roughly double what’s needed for EVs to reach cost parity with comparable internal combustion engine (ICE) vehicles. This means that EVs are largely confined to the premium and luxury end of the market. High prices are slowing the pace of EV adoption, especially in developing nations. Safety is also a concern. EV fires emit deadly toxins, and can require up to 6 hours and 20,000 gallons of water to fully extinguish.

Low-cost, high-performance Alsym batteries will enable global adoption of battery-electric vehicles across consumer and commercial segments. Our non-flammable materials can help OEMs increase design flexibility, and low installed costs can make it easier to reach ICE pricing parity.

The global electric motorcycle and scooter market is set to triple by 2030. Today, over sixty million are sold every year, and most run on fossil fuels. Battery electric models are in demand, but buyers are extremely cost-sensitive and concerned about battery fires. Low-quality lithium-ion batteries found in many eBikes and other two wheelers regularly catch fire due to poor heat dissipation or overcharging, leading to injuries and deaths.

Our low-cost, non-flammable batteries are poised to be an ideal solution for the two-wheeler market, maximizing performance and profit margins while greatly reducing the risk of fires. Alsym batteries can be used for both internal, built-in storage and battery swapping systems.