non-flammable Graphene-OrganolyteTM batteries and other graphene-made products, such as EMI shielding, transparent conducting electrodes, conductive inks, conductive adhesives, and silver nanowires.
Dr. Jack Kavanaugh, Chairman, CEO and co-founder of Nanotech Energy, spoke about the benefits of graphene-based batteries over traditional ones. He said, “Nanotech Energy’s proprietary, graphene-based nanotechnology overcomes the safety, limited storage capacity and recharge speed challenges of traditional lithium-ion batteries, and our new Northern Nevada facility will manufacture energy storage that will help power the world”.
Dr. Jack added, “Nanotech Energy is the first and only producer to break the 50% content barrier by reaching 98% monolayer graphene, the wonder material that powers our products. We’ve already developed groundbreaking energy storage using technology that has the high capacity of a battery and the power performance of supercapacitors in a single solution.”
According to Nanotech Energy, it recently raised a $64 million Series D funding at a post-Series D valuation of $550 million. The Series D financing, sponsored by the leading financial services business in Taiwan, Fubon Financial Holding Co, increased Nanotech Energy’s total capital to $94.9 million.