Planar Energy Devices
"Planar Energy Devices has developed a game-changing technology for solid state batteries for electronics and automotive applications. Lithium ion battery technology has hit a wall - batteries need substantial cost reductions to be viable for energy demanding applications. Planar's technology is superior to Li-Ion at less than half the cost per KwH, with three times the energy density. Solid state batteries replace the plastics, binders, powders and liquids of Li-Ion batteries with durable, nanostructured films. The fundamental challenge of solid state batteries is that current fabrication methods don't scale to large format batteries because of the cost of vacuum deposition. Planar has developed an alternative, game changing deposition process and has demonstrated the ability to make nanostructured electrolyte and electrode materials with superior chemistries using this process."