Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Gelion PLC ( (GB:GELN) ) has provided an update.
Gelion PLC has announced a full collaboration agreement with TDK Corporation to advance Sulfur battery technology, which is expected to be transformative for the industry. This partnership will focus on developing large format commercial pouch cell prototypes and integrating them into TDK’s production lines, aiming to bring Gelion’s Sulfur battery platform to commercial readiness for mobility, aviation, and energy storage markets. The collaboration is set to enhance Gelion’s strategic positioning in the battery industry and contribute to sustainable innovation, with production commencing at TDK’s Nagano plant.
More about Gelion PLC
Gelion PLC is a global energy storage innovator focused on commercializing next-generation battery technologies, including Sulfur-based, Lithium-Sulfur, Sodium-Sulfur, and Zinc-based hybrid cells. The company aims to support the transition to a sustainable economy by electrifying mobile and stationary applications and advancing battery recycling technology. Gelion is listed on the London Stock Exchange’s AIM Market and operates through subsidiaries in the UK and Australia.
Average Trading Volume: 112,544
Technical Sentiment Signal: Buy
Current Market Cap: £44.21M
For an in-depth examination of GELN stock, go to TipRanks’ Overview page.