Salvation battery
Salvation battery
Salvation battery has a breakthrough technology in the field of lead acid batteries. By adding special carbon nanotube additives to one of the electrodes we are able to improve the performance at least 4 times.
Description
Lead acid batteries industry is a $50 billion business and still growing. Yet it is losing out to other battery morphologies. Lead acid batteries are reliable , robust, cheap, and safe. But they do not last long . By adding our carbon nanotubes to cathode, we have increased lifetime 4 times. This will transform the battery industry.
What makes it different
The answer is simple. Our batteries will last 4 times as long. Please note that we are not exactly competing with other batteries in our sector. We will be selling our additives to battery manufacturers to make them last longer. To that end we already have agreements with two of them already.
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Consolidated vote from the IL committee (ConTech, EcoMotion, Ignite The Spark, PlaneTech and 2 investors)