EQS-News

SINGULUS TECHNOLOGIES Develops new Solutions for the Production of Solid-State Batteries

EQS-News: SINGULUS TECHNOLOGIES AG / Key word(s): Incoming Orders SINGULUS TECHNOLOGIES Develops new Solutions for the Production of Solid-State Batteries 25.04.2024 / 08:30 CET/CEST The issuer is solely responsible for the content of this announcement. Press release

SINGULUS TECHNOLOGIES Develops new Solutions for the Production of Solid-State Batteries

Kahl am Main, April 25, 2024 - SINGULUS TECHNOLOGIES has received a development order for production equipment that will be used for specific production processes of new solid-state batteries and contribute to an efficient manufacturing process. SINGULUS TECHNOLOGIES is in a unique position to develop this technology thanks to its many years of experience and expertise in the development of systems for surface treatment and coating of products with high precision and efficiency. This order represents a significant milestone for the company, especially in times of growing environmental awareness and resource conservation.

Conventional lithium-ion batteries are reaching the limits of their possible energy density, while at the same time the demand for more powerful energy storage systems is increasing.

Solid-state batteries promise a new era of energy storage. Thanks to the use of innovative materials and process technologies, they offer a 30% higher energy density, longer service life and faster charging times. SINGULUS TECHNOLOGIES uses its expertise in surface technology to industrialize the production of solid-state batteries. Dr. Stefan Rinck, CEO of SINGULUS TECHNOLOGIES, explains: "We are developing and building a production system with innovative process technology that will make a significant contribution to the manufacture of the new solid-state batteries. This application offers our company a promising perspective with considerable growth potential." The new solid-state batteries have the potential to significantly improve the charging speed, costs and, in particular, the range of electric cars and to develop into a global market. Dr. Rinck continues: "We are ideally positioned to drive this transformation forward and improve the production and industrialization of solid-state batteries with our machines."