Alpha-En Corp. - ALPE stock
OTC Symbol: ALPE
About Alpha-En[edit]
Alpha-En Corp is a company that specializes in the development and commercialization of next-generation energy storage technologies. Their website states that their mission is to accelerate the world's transition to clean energy by developing innovative energy storage solutions that are safe, reliable, and cost-effective.[1]
Alpha-En Corp is headquartered in Salt Lake City, Utah, and was founded in 2016. The company has received funding from various sources, including the U.S. Department of Energy, and has partnerships with several organizations in the energy storage industry.[1]
NSF Grant[edit]
he company was awarded a competitive grant from the National Science Foundation (NSF) in 2021. The grant, which was part of the NSF's Small Business Innovation Research (SBIR) program, was awarded to Alpha-En Corp to support the development of their advanced energy storage technology.[2]
The press release states that the grant will be used to accelerate the development and commercialization of Alpha-En Corp's Lithium-antimony-lead (LAS) battery technology, which offers higher energy density, longer cycle life, and improved safety compared to traditional lead-acid batteries. The company plans to use the funds to optimize the manufacturing process for their LAS batteries and to conduct further testing and validation of the technology.[2]
The NSF's SBIR program provides funding to small businesses that are engaged in research and development projects with the potential for commercialization. The program aims to stimulate technological innovation and help small businesses bring new products and services to market.[2]
Technology[edit]
One of Alpha-En Corp's core technologies is the Lithium-antimony-lead (LAS) battery, which they claim offers higher energy density, longer cycle life, and improved safety compared to traditional lead-acid batteries. The company also offers energy storage systems for residential, commercial, and industrial applications, as well as portable power solutions for off-grid and remote locations.[1]
Pre-lithiated Anode[edit]
According to the article on MarketScreener, Alpha-En Corp's pre-lithiated anode technology has been shown to boost battery performance in recent tests. The pre-lithiated anode, which was developed in collaboration with EnerSys, is a key component of lithium-ion batteries and can improve the battery's energy density, cycle life, and safety.[3]
The article notes that Alpha-En Corp's pre-lithiated anode technology was tested by the National Renewable Energy Laboratory (NREL), which is a leading research facility for renewable energy and energy efficiency. The tests showed that the pre-lithiated anode technology provided significant improvements in battery performance compared to conventional lithium-ion batteries.[3]
Specifically, the article states that the pre-lithiated anode technology improved the energy density of the battery by up to 20%, increased the battery's cycle life by up to 50%, and enhanced the battery's safety by reducing the risk of thermal runaway. The pre-lithiated anode technology was also shown to be compatible with a range of lithium-ion battery chemistries.[3]
The article notes that the development of the pre-lithiated anode technology was supported by a grant from the U.S. Department of Energy's Office of Energy Efficiency and Renewable Energy. The technology has the potential to improve the performance of lithium-ion batteries used in a range of applications, including electric vehicles, energy storage systems, and portable electronics.[3]
Collaboration with EnerSys[edit]
Alpha-En Corp has announced a collaboration with EnerSys, a global provider of stored energy solutions, to develop a pre-lithiated anode project. The project aims to improve the performance and cycle life of lithium-ion batteries used in a range of applications, including electric vehicles, energy storage systems, and portable electronics.[4]
The press release states that the collaboration will focus on developing a pre-lithiated anode, which is a key component of lithium-ion batteries. Pre-lithiation is a process of introducing lithium ions into the anode material before the battery is assembled, which can improve the battery's performance and cycle life. The project will leverage Alpha-En Corp's expertise in advanced battery materials and EnerSys' experience in the design and manufacturing of stored energy solutions.[4]
The collaboration is expected to result in the development of a pre-lithiated anode that can be used in a range of lithium-ion battery chemistries. The pre-lithiated anode technology is expected to provide improved energy density, longer cycle life, and better safety compared to conventional lithium-ion batteries.[4]
The press release notes that the project is supported by a grant from the U.S. Department of Energy's Office of Energy Efficiency and Renewable Energy, which aims to accelerate the development and commercialization of advanced battery technologies.[4]
Covid Impact[edit]
In a letter to shareholders released on September 29, 2021, Founder Jerome Feldman informed shareholders that Covid lockdowns had delayed the company's development of a lithium anode and it would take longer than originally expected. Therefore, the company needed to pivot. He goes on to discuss the use of silicon in place of graphite and states that ALPE is well positioned to capitalize on this trend.[5]
- ↑ 1.0 1.1 1.2 Alpha-encorp.com. Home. Accessed on 4/10/2023.
- ↑ 2.0 2.1 2.2 PR Newswire. alpha-En Corporation Awarded Competitive Grant from the National Science Foundation. December 07, 2020.
- ↑ 3.0 3.1 3.2 3.3 Market Screener. Alpha-Encorp's Pre-Lithiated Anode Boosts Battery Performance. July 21, 2020.
- ↑ 4.0 4.1 4.2 4.3 PR Newswire. alpha-Encorp And EnerSys Collaborate On A Pre-Lithiated Anode Project. October 14, 2020.
- ↑ Alpha-encorp.com. Letter to shareholders. September 29, 2021.
