Gelion Technologies, a University of Sydney spin-off that has developed fire resistant zinc-bromide batteries, is planning to list on London Stock Exchange’s Alternative Investment Market (AIM) this year.
Amid ongoing concerns about fires which have plagued lithium-ion batteries around the world including the one at Victoria’s Big Battery in July, Gelion is hoping to capitalise on the interest in an alternative storage option as companies invest in the transition to renewable energy.
Read the full story at the Australian Financial Review.
Gelion announces the incorporation of a wholly owned subsidiary, Battery Minerals Ltd and a grant of up to £170,000 by the UK government’s Department of Business and Trade (DBT).
Milestone underscores technological viability of Li-S battery technology for lightweight energy storage.
View the latest update on Gelion’s Next Generation (“GEN 3”) Lithium-Sulfur (Li-S) battery development here.