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alpha-Encorp Receives $1 Million to Support the Development of its Battery Technology
alpha-Encorp Receives $1 Million to Support the Development of its Battery Technology.
About this update from Alpha-en Corporation
[{"type":"text","content":"\n\n\n\nalpha-Encorp Receives $1 Million to Support the Development of its Battery Technology\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\nalpha-Encorp Receives $1 Million to Support the Development of its Battery Technology\nPR Newswire\nYONKERS, New York, July 16, 2019\n\n\n\nYONKERS, New York, July 16, 2019 /PRNewswire/ -- alpha-Encorp (OTCQB: ALPE) today announced that it has received a $1 million technology development grant from the New York State Energy Research and Development Authority (NYSERDA). The funding will help to pay for the significant amount of research and development that is required to bring disruptive battery technology from the laboratory to final commercialization. \nOnce developed, the technology could have wide implications and potentially be used for electric vehicles, portable electronics and stationary batteries, thereby supporting Governor Andrew M. Cuomo's nation-leading clean energy goals. Current lithium ion batteries for transportation and portable use rely on lithium graphite anodes. For the widespread adoption of electric vehicles and their associated environmental benefits to occur, a lower weight and higher efficiency alternative to the lithium graphite anode must be provided. alpha-Encorp has developed a low energy, low cost, process for the electrolytic deposition of thin films of high purity lithium metal. This project will enable alpha-Encorp to refine and scale up the manufacturing process and demonstrate its product for potential customers. \nalpha-Encorp's patented process allows for the electro-deposition of a thin film of pure lithium on any conductive substrate with minimal energy consumption and no environmental impact. The goal is to automate and adapt this process to manufacture lithium metal anodes for next generation batteries in commercial quantities. \n\"We are delighted and honored that NYSERDA has chosen our patented and proprietary technology to be worthy of its support. This is another milestone for our company in its mission to change the way energy is stored and utilized. Next gener...