Tuesday, April 17, 2012

Enable Subsidiary Solrayo Inc Awarded $499,498 Grant From The National Science Foundation

Those of you following Enable IPC over the past few years may be aware that Enable IPC subsidiary Solrayo Inc recently successfully completed Phase I of a National Science Foundation (NSF) Small Business Technology Transfer (STTR) grant and that the company had applied for Phase II funding. Today Enable announced that Solrayo, Inc has been awarded the Phase II grant of $499,998. 

The award builds on the successful NSF-STTR Phase I project, titled “Using Nanoparticle Oxide Coatings to Extend Cycle Life of Cathode Materials in Lithium-Ion Batteries”.  During the Phase I research, this inexpensive and easy-to-apply coating was shown to help increase the cycle life of certain rechargeable lithium ion batteries by several times.  This Phase II grant is designed to allow the full commercialization of the product.  The research and technology is being developed in collaboration with the University of Wisconsin in Madison

The work is being conducted jointly at SolRayo’s facility in Madison at the lab of Professor Marc Anderson at the University of Wisconsin.  The project officially commenced on April 1, 2012 and is scheduled to conclude on March 31, 2014.  

To read the full press release please follow this link: http://www.enableipc.com/press/2012/PR20120417.htm

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