2024-11-11 18:57:00
Collaboration will strengthen Solidion’s patent portfolio and manufacturing in the USA
DALLAS, Nov. 11, 2024 /PRNewswire/ – Solidion Technology, Inc. (NASDAQ: STI), a provider of advanced battery solutions, today announced a strategic statement of intent Bluestar Materials Company known from Taiwan. This agreement will strengthen Solidion’s patent portfolio and accelerate the commercialization of its anode technology, including the recently announced technology that enables lithium batteries to be charged within 5 minutes.
The agreement enables Solidion to explore and create synergies in manufacturing, commercialization strategies and market opportunities related to advanced silicon (Si) and silicon oxide (SiOx) battery solutions in the United States. Silicon and silicon oxide are now considered the preferred solution for battery technology over solid-state technology.
“This agreement enables Solidion to capture new market share in the U.S. while globally showcasing our silicon-based solutions that offer higher efficiency and energy density compared to traditional solid-state batteries,” said Jaymes Winters, CEO of Solidion Technology.
For more information please visit www.solidiontech.com or contact Investor Relations.
About Solidion Technology, Inc.
Headquartered in Dallas, Texas, with pilot production facilities in Dayton, Ohio, Solidion’s core business includes the manufacture of battery materials and components, as well as the development and production of next-generation batteries for energy storage systems and electric vehicles for land, air and maritime transportation.
Cautionary Note Regarding Forward-Looking Statements:
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Solidion Technology Inc. (NASDAQ: STI) (the “Company”, “Solidion”, “we”, “our” or “us”) would like to secure the safe -Harbor provisions of the Private Securities Litigation Reform Act of 1995 and adds the words “forecasts,” “believe,” “may,” “estimate,” “continue,” in connection with this Safe Harbor legislation. “anticipate,” “intend,” “should,” “plan,” “could,” “goal,” “potential,” “likely,” “expect” and similar expressions as they apply to us are intended to identify forward-looking statements . We undertake no obligation to publicly update any forward-looking statements, whether as a result of new information, future developments or otherwise, except as required by law.
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**Interview with Jaymes Winters, CEO of Solidion Technology, Inc.**
**Editor:** Thank you for joining us today, Jaymes. Solidion Technology recently announced a significant agreement with Bluestar Materials Company. Can you explain how this collaboration will enhance your patent portfolio and manufacturing capabilities in the U.S.?
**Jaymes Winters:** Thank you for having me! This collaboration is pivotal for Solidion. Partnering with Bluestar allows us to integrate their expertise in silicon-based materials, which will strengthen our patent portfolio significantly. It also positions us better within the U.S. manufacturing landscape, as we can capitalize on local production to support our innovative anode technology.
**Editor:** Your recent technology claims to enable lithium batteries to charge in just 5 minutes. How does this breakthrough impact the market and consumers?
**Jaymes Winters:** This technology is a game-changer for battery efficiency and consumer convenience. Faster charging times enhance user experience across various applications, from electric vehicles to consumer electronics. As consumers increasingly demand quick and reliable charging solutions, our advancements have the potential to reshape the market landscape.
**Editor:** You mentioned that silicon and silicon oxide are now preferred over solid-state technology. What do you attribute this shift to?
**Jaymes Winters:** Several factors contribute to this shift. Silicon-based solutions provide significantly higher energy density and efficiency than traditional solid-state batteries. Additionally, as we push for more sustainable practices in battery manufacturing, silicon materials present an attractive alternative due to their abundant availability and performance advantages.
**Editor:** Looking ahead, what are your main goals for Solidion in the next couple of years?
**Jaymes Winters:** Our primary goal is to accelerate the commercialization of our silicon-based solutions. We aim to capture market share in the U.S. while expanding our global footprint. Furthermore, we’re committed to driving innovation in battery technology, ensuring that we remain at the forefront of advanced energy solutions.
**Editor:** Thank you for your insights, Jaymes. We look forward to seeing how Solidion continues to innovate in the battery technology space.
**Jaymes Winters:** Thank you! It’s an exciting time for our industry, and I appreciate the opportunity to share our vision.
