Sunday, June 30, 2024

These local weather tech corporations simply acquired $60 million

The problem in cleansing up the method lies, a minimum of partly, in the truth that lava-hot temperatures are required to kick off the chemical reactions that make cement—I’m speaking over 1,500 °C (2,700 °F). 

Queens Carbon developed a brand new course of that cuts down the temperature wanted to below 540 °C (1,000 °F). Nonetheless toasty, however simpler to achieve effectively and with electrical energy, the corporate’s CEO, CTO, and cofounder Daniel Kopp stated on a press name concerning the awards. Ideally, that electrical energy will likely be equipped with renewables, which might imply large emissions financial savings.

Queens Carbon may even pocket $14.5 million, and the funding ought to assist with the development of a pilot plant presently being in-built partnership with a significant cement producer, Kopp stated on the press name. The corporate plans to scale as much as a full-size plant in late 2028 or 2029. 

Ion Storage Programs: Subsequent-generation batteries for EVs

The world is all the time clamoring for higher batteries, and Maryland-based Ion Storage Programs needs to ship with its solid-state lithium-metal know-how.

We named lithium-metal batteries one in all our 10 Breakthrough Applied sciences in 2021. The chemistry might ship larger power density, which means longer vary in EVs. 

Ion Storage Programs is planning to provide its batteries first for army prospects. With the funding ($20 million price), the corporate might be able to get its tech prepared for larger-scale manufacturing for the broader buyer base of the electric-vehicle market. 

I used to be actually to listen to concerning the emphasis on manufacturing from CTO Greg Hitz on the press name, as scaling up manufacturing has been a significant problem for different corporations making an attempt to construct solid-state batteries. Hitz additionally stated that the corporate’s batteries don’t must be squeezed at excessive stress inside cells or heated up, and they are often extra merely built-in into battery packs. 

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