Historic moment in Gelion’s journey is a big deal for Australian industry.
London Telegraph: Revolutionary Australian battery company plans London float
A battery storage developer spun out of the University of Sydney plans to list in London to raise more than £16m to commercialise its technology.
Autralia-based Gelion Technologies is expected to be valued at around £120m when it floats on Aim next month, having already raised cash from investors including Regal Funds Management and Elphinstone Group.
The company’s zinc-bromide batteries use an electrolyte gel rather than having to pump through a liquid solution, cutting size and cost.
Read the full story here in the Daily Telegraph.
YouTube channel ‘Just Have A Think’ reviews Gelion’s Endure battery technology.
Writing in the Sydney Morning Herald, Thomas Maschmeyer highlights the need to diversify battery technology.