SEPTEMBER 24, 2019 – SAN JOSE, CALIFORNIA – Sidus Energy, a Silicon Valley battery technology company has signed a Technology Transfer and Joint Development Agreement with IBM today on a revolutionary cobalt-free battery technology developed by IBM.  

“This new technology could help eliminate the need for heavy metals in battery production and transform the long-term sustainability of many elements of our energy infrastructure,” according to IBM.

Besides the battery composition, initial tests also indicate “it can be optimized to surpass the capabilities of lithium-ion batteries in a number of individual categories including lower costs, faster charging time, higher power and energy density, strong energy efficiency and low flammability.”

With the Technology Transfer and Joint Development Agreement, Sidus Energy is starting the endeavor to bring this technology from IBM Research to product development and manufacturing.

“Sidus Energy is looking forward to commercializing this new battery technology and bringing it to the market as soon as possible.”  said Dr. Shelly Deng, CEO of Sidus Energy. 

For more information, please contact info@sidusenergy.com

About Sidus Energy

Sidus Energy Limited is a technology company commercializing the revolutionary cobalt-free battery technology from IBM. The breakthrough technology uses novel proprietary materials that totally eliminate the use of any heavy metals. It is not only more environmentally friendly and cost effective, but also has excellent performance in charging time, extended temperature operation, high energy and power density, and cycle life. Our vision is a greener world powered by Sidus batteries. We are expanding globally and are building a diverse and collaborative team of talents to create a better greener world.

www.sidusenergy.com