If you look at a current lithium ion battery, one of the components is the anode electrode. That currently uses a form of carbon as the material and that carbon has a limit to the amount of energy that can be stored. That ultimately limits the performance of the battery. So what we’re doing is developing new anode technology that has the ability to store up to three times the energy of existing carbon-based anode technology. So that would translate into three times longer application times for your phone or laptop if that performance was translated to the rest of the battery component.
We’ve demonstrated a material that has better performance than the existing technology and demonstrated it with a material that costs less to fabricate than the existing material. We’ve basically got not only a performance enhancement of almost three times, but also reduced the cost. Our material can be directly placed inside existing cells, so the battery manufacturer wouldn’t have to change anything other than switching out their existing anode material with our anode material.