Nano One’s Dan Blondal on the evolving cobalt free solid-state battery
“There is lots more to come. Some of the partners we are working with, some of the agreements we are working on will certainly bring value to the table.” – states Dan Blondal, CEO of Nano One Materials Corp. (TSXV: NNO) (“Nano One”) in an interview with InvestorIntel’s Jeff Wareham.
Jeff Wareham: Welcome back to InvestorIntel. I am joined again today by Dan Blondal who is with Nano One Technologies. Dan you guys have had a very, very exciting past month. Announcements in lithium around your cathode stuff. Personally, what I want to hear about is your cobalt-free battery announcement. What is a solid-state battery?
Dan Blondal: A solid state battery gets rid of the liquid electrolyte in the lithium-ion battery, which is the flammable part of the battery actually and replaces it with glass or a ceramic material between the two electrodes. It allows the manufacturer to put a very ultrathin anode on it so it actually halves the size of the battery, makes it safer, costs come down and energy density goes up. It is a very attractive architecture for batteries; very much next generation. We are not going to see them for probably 2 to 5 years in the marketplace, but we are really thrilled to be involved with it.
Jeff Wareham: It sounds like with what is going on the cobalt market there is going to be a lot of interest in anything where you can eliminate that from the process. What do you think?
Dan Blondal: I absolutely think so. We are working on both cobalt containing materials and cobalt-free materials. Our cobalt-free high voltage spinel is particularly applicable to solid state batteries so it is a natural fit there.
Jeff Wareham: Is this primarily going to be an automotive application, or would there be other places where that battery could be used as well?
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Dan Blondal: Anywhere the energy density and that would be portable electronics. Anything where the density and the weight and the thickness of the battery has consumer value so that would be in electric vehicles, consumer electronics, tools, anything like that.
Jeff Wareham: So, a direct competitor of the lithium-ion space?
Dan Blondal: Well, it is still a lithium-ion battery actually. The cathode materials are pretty much the same. You are still inserting lithium-ions back and forth in the battery. It is still considered a lithium-ion battery just that you are replacing that liquid component with a solid component….to access the complete interview, click here
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An accomplished entrepreneur and corporate finance professional, Tracy Weslosky is the CEO for InvestorIntel Corp. and the VP of Business Development for Bellotti Capital Partners ... <Read more about Tracy Weslosky>