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DOE awarding more than $50M to 15 projects to advance critical material innovations

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DOE funding: $5,577,738; cost share: $5,925,475; Total costs: $11,503,213. American Battery Metals Corporation; Field Demonstration of Selective Leaching, Targeted Purification, and Electro-Chemical Production of Battery Grade Lithium Hydroxide Precursor from Domestic Claystone Resources. 525 Solutions, Inc.;

Li-ion 321
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Umicore announces equity investment in solid-state battery company Solid Power

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Founded in 2012, Solid Power is a Colorado-based developer of next-generation all-solid-state batteries for electric vehicles. With eight years of technology development and three years of manufacturing development, Solid Power has been working to deliver better performing all-solid-state batteries using low-cost, industry standard processes.

Companies 207
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Cellulosic BioButanol Company Cobalt Technologies Signs Agreement With Fluor Corporation

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Cobalt Technologies has signed an agreement with Fluor Corporation for engineering consulting services as Cobalt gears up to commercialize its cellulosic biobutanol production technology. This engineering foundation ensures the production process is able to scale up quickly while maintaining capital efficiency, Cobalt says. Earlier post.).

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DOE announces $139M in funding for 55 projects to advance innovative vehicle technologies

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Enovix Corporation. AOI 02: Low Cost Electric Traction Drive Systems Using No Heavy Rare Earth Materials. Low Cost, High-Performance, Heavy Rare Earth-Free 3-In-1 Electric Drive Unit. Exelon Corporation. Colorado State University. Westinghouse Air Brake Technologies Corporation (Wabtec Corporation).

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Lockheed Martin to acquire Aerojet Rocketdyne in $5.0B all-cash transaction

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has entered into a definitive agreement to be acquired by Lockheed Martin Corporation in an all-cash transaction with a total equity value of $5.0 Aerojet Rocketdyne and Ball Aerospace of Boulder, Colorado, co-designed the other elements of the propulsion system. Aerojet Rocketdyne Holdings, Inc.

Green 186
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University of Tennessee to head $250M advanced composites manufacturing institute; Ford, Honda and Volkswagen members

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IACMI is dedicated to overcoming these barriers by developing low-cost, high-production, energy-efficient manufacturing and recycling processes for composites applications. In the wind energy industry, advances in low-cost composite materials will help manufacturers build longer, lighter and stronger blades to create more energy.

Tennessee 150
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InvenTek to present Rolled-Ribbon battery cell technology at 24th NREL Industry Growth Forum

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InvenTek Corporation, a developer of technology for low-cost, high-performance, large-format Li-ion batteries, will present at the 24 th NREL Industry Growth Forum (IGF) to be held in Denver, Colorado, on 8-10 November 2011. Inventek 42V module. Click to enlarge.