London Stock Exchange today welcomes Gelion plc, the global energy storage innovator, on to the AIM market.
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.
UK energy storage magazine BEST reports on our partnership with Mayur Resources.
Coverage of the MoU between Gelion and Mayur Resources.