A major stumbling block in
the development of a practical electric flying vehicle is battery technology,
which is currently plagued by energy sources that weigh too much and produce
too little power. This week, Boeing HorizonX Ventures' took a step into battery
development for the aerospace giant, when it announced its first investment in
an energy storage company, Berkeley California-based Cuberg.
The Berkeley startup was
created by former Stanford University researchers developing next-generation
battery technology for potential aerospace and industrial applications. Since
it was founded nearly three years ago, Cuberg has developed an advanced battery
cell designed as a drop-in solution to existing large-scale battery
manufacturing processes. The Cuberg system combines a lithium metal anode,
proprietary electrolyte and high-voltage cathode to achieve high energy density
and thermal durability. Since April 2015, Cuberg has grown with several rounds
of financing and grant funding and signed a multimillion-dollar joint
development agreement with an industrial battery manufacturer.
(Evangle Luo of TTFLY shared with you)
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