Altech Batteries Unveils Breakthrough in Long-Term Battery Storage

Altech Chemicals Limited ( (AU:ATC) ) has issued an announcement.

Altech Batteries Limited has announced a significant breakthrough in battery longevity with its CERENERGY® sodium-nickel-chloride technology. A 28-year-old Zebra battery, based on similar chemistry, was tested and found to perform as if new, demonstrating no degradation after decades of dormancy. This remarkable shelf-life is attributed to the battery’s unique solid-state design, making it ideal for long-term storage applications such as defense. The technology’s ability to remain inert and stable over time sets it apart from conventional lithium-ion batteries, offering a strategic advantage in reliability and long-term stability.

More about Altech Chemicals Limited

Altech Batteries Limited operates in the energy storage industry, focusing on advanced battery technologies. The company specializes in sodium-nickel-chloride (Na Ni-Cl) battery systems, which are designed to offer enhanced energy capacity and cost efficiency. Altech targets markets requiring long-term storage solutions, including military and strategic reserves.

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Technical Sentiment Signal: Sell

Current Market Cap: A$84.11M

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