Nexeon licenses silicon material technology to accelerate adoption

NSP-1 is suitable for use in silicon-graphite hybrid electrodes, and is a replacement for incumbent SiOx materials, offering better first cycle efficiency, higher energy density and other performance improvements. Nexeon materials have been found to offer great performance when used in Li-ion batteries, for uses such as automotive power.

This licensing arrangement comes immediately after the investment and strategic partnership announced with SKC last month. It represents a strong endorsement of the company’s approach and material performance achievements in recent years. The exclusive licence provides Nexeon with an ongoing revenue stream.

“This licensing deal is a key step for Nexeon, giving our customers reliable access to our high-performance materials in volume”, said Dr Scott Brown, CEO of Nexeon.

“Silicon-graphite hybrid electrodes are now delivering superior performance in hybrid and EV vehicles, and are an important step towards cleaner mobility”, said Dr Junghwan Shin, Vice President of SKC.