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Newberry, Indiana.  –  BrightVolt is pleased to announce expansion to its R&D group both in terms of personnel as well as facilities and equipment.

As Covid cases continue to rise in the U.S, we are taking the utmost care to keep our team members safe and healthy while working at BrightVolt. Two new Phd. engineers have joined the BrightVolt Team – Dr. Joanna Burdynska and Dr. Ashok Saraswat. Dr. Burdynska is a highly accomplished polymer scientist with a distinguished career in battery development and numerous patents and publications to her name. She will be working with the Team on improving performance of the company’s Polymer Matrix Electrolyte (PME®) product. Dr. Saraswat has an extensive career both in battery technical development and also in business development and partnering in the battery industry. Dr. Saraswat will be assisting with the company’s co-development and partnering initiatives among other functions. Dr. Anaba Anani, the company’s Chief Battery Scientist commented “our talented R&D Team continues to grow and thrive. Our new hires bring new ideas and expanded scope to our technology development. This is key to forging ahead and improving our technology and products.”

In addition to adding personnel, BrightVolt has also made significant investments in facilities and equipment in Q4. As part of the company’s program of continuous improvement and expansion of its equipment resources, the company has added further battery testing and development equipment to its already extensive installed base at its R&D facilities in Indiana. Todd Peters, the company’s CEO commented “we invest significantly in improving and upgrading our equipment as a regular business process so that our R&D personnel have what they need to push forward with important technology developments. Battery technology development requires this kind of commitment as new materials and the science behind new materials integration evolves and grows more complex.” Peters continues “ we want our Team to be able to move quickly and take advantage of the new materials opportunities as they arise.”

BrightVolt continues to recruit for the best and brightest R&D personnel in the battery technology space. We are currently looking to hire a number of battery engineers and scientists. Please check our Employment page here: https://www.brightvolt.com/employment/

In spite of the pressures and complications associated with the current covid-19 pandemic, we would like to take this opportunity to wish our partners and business associates with good health and continued prosperity in these difficult times.

Newberry, Indiana – Tesla held their much hyped “Battery Day” on September 22^nd and announced some important areas of focus for the company in the coming years.  The big theme is driving battery costs down on a dollars per kilowatt hour basis using a multi-faceted approach involving a new  cell design, streamlined manufacturing, new anode and cathode materials, and integration of the battery pack into the car chassis structure.  Tesla’s recorded live streaming of the event can be found here:  https://www.tesla.com/2020shareholdermeeting

The net effect of these planned changes is a projected 56% drop in the cost of the batteries to about the $50/kWh range.  If Tesla achieves this in a time frame relevant to the projected rapid growth of the electric vehicle (EV) market then this will be truly revolutionary.  Such a drop in the battery cost structure could make EV’s begin to compete with internal combustion engine cars on a head-to-head cost basis.  According to Elon Musk, CEO of Tesla, their ultimate goal is to be able to introduce a $25,000 EV car for mass production before getting too far into the 2020’s. 

“These are exactly the kind of incremental changes you would expect from a company with a lot of sophisticated streamlined engineering already going into its products and production methods” said Todd Peters, CEO of BrightVolt, Inc.  Peters continues “If Tesla can operationalize even half of what they’re promising here, the buyers of electric vehicles will benefit with more EV choices on a cost competitive basis approaching that of fossil fuel cars.”  Commenting upon the effects of these proposed changes on the battery supply chain, Peters said “there’s going to be some big winners and big losers in the evolving battery materials supply chain, but one thing is clear – anyone bringing to market battery materials or technology which knocks cost out of the equation is going to do well….very, very well.”

BrightVolt’s Chief Battery Scientist, Dr. Anaba Anani added “Tesla is pioneering some important technologies for the battery industry as a whole.  If successful, their dry coating technique along with the development of new cathode and anode materials could step change the entire manufacturing process for EV batteries.”

BrightVolt, Inc. develops and sells proprietary battery materials including a novel solid-state electrolyte – the “Polymer Matrix Electrolyte” (PME). This patented solid-state electrolyte significantly enhances the capabilities of lithium-based batteries while reducing the cost of manufacturing. The PME electrolyte can be used in batteries in a wide variety of applications including Internet of Things, consumer electronics and e-mobility. The PME allows for greater energy density, a wider operating temperature range, and increased levels of safety all at a lower total cost of manufacturing.

BrightVolt will be at Hannover Messe, hall 5 stand D48, come see us there. Contact us today at info@brightvolt.com if you would like to schedule an appointment to meet.

https://www.hannovermesse.de/exhibitor/brightvolt/N1411833

REDMOND, Wash., March 12, 2019 /PRNewswire/ — BrightVolt Inc., a global leader in the design, development, and manufacturing of safe, high energy and low cost solid-state lithium-ion batteries utilizing its proprietary single-phase polymer matrix electrolyte (PME®), announces the appointment of Dan Squiller to its Board of Directors. With more than 30 years of leadership experience in executive roles as well as technical expertise in energy storage technologies, Squiller will play a crucial role in guiding BrightVolt as it enters the next phase of technology development and commercialization.

Squiller is an established leader with notable expertise in technology commercialization and global market expansion, manufacturing facility setup, supply chain development, and technology and product development programs with automotive OEMs and Tier 1 suppliers. As the CEO of Aquam Corporation, a global clean-tech firm, as well as success at recognized companies including Lambda, Invensys plc, Scientific Atlanta, St. Bernard Software, ZincFive, and Verengo Solar, Squiller has an impressive record of building and growing technology and infrastructure companies.

“Dan brings extensive technical and leadership experience in the energy storage industry to our Board of Directors,” said Todd Peters, CEO of BrightVolt. “As we move to the next stage of product development of our disruptive new lithium-ion battery products, Dan’s guidance will be invaluable to bring our products to the market and grow the company.”

“I’m very excited to join BrightVolt’s board and work with a company that is bringing innovative battery solutions to the electric vehicle (EV) and consumer electronics marketplace,” noted Dan Squiller. “I have seen and participated in the evolution of battery technology over the past 30 years, and BrightVolt is bringing truly innovative advances to the market; making high energy density, safe and affordable solid-state batteries a reality. Their patented polymer technology expands the performance and economic envelope of what was previously possible for lithium-ion batteries. I look forward to working with Todd and his leadership team.”

In addition, BrightVolt recently named industry veteran Salil Soman as vice president of business development. Soman has nearly two decades of experience with developing and commercializing multiple different battery chemistries in various applications and markets worldwide.

About BrightVolt

BrightVolt’s mission is to improve the world through smarter battery chemistry. With a state-of-the-art Research and Development Center in Indiana and corporate headquarters in Redmond, Washington, BrightVolt is constantly challenging the limits of chemistry, physics, and manufacturing science to support safer, healthier and more powerful new product innovations. BrightVolt’s rechargeable solid-state batteries can power a broad range of applications including hybrid and electric vehicles as well as consumer electronics such as smartphones, laptops, e-readers, drones, medical and wearable devices along with other IoT products. Compared to conventional lithium-ion batteries, BrightVolt’s patented Polymer Matrix Electrolyte (PME®) technology results in batteries with a significantly greater energy density that are cleaner, safer and more environmentally friendly, at a lower total cost of production. To date, BrightVolt has sold over 12 million batteries with customers on every continent in a wide variety of industries including medical, automotive, industrial, and consumer products.

SOURCE BrightVolt Inc.

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