November 3, 2015
Fort Collins, CO – Prieto Battery, an advanced 3D Lithium Ion battery technology, today announced its business collaboration with Intel’s New Business Group and initial investment from Intel Capital at the annual Intel Capital Global Summit in San Diego. The primary focus of this collaboration with Intel is to accelerate the introduction of Prieto’s full 3D solid-state battery cell into the marketplace. Specifically, Prieto has agreed to complete a series of milestones designed by Intel and Prieto to demonstrate the company’s battery performance and readiness, with a focus on improving the performance of the battery against size, energy density, and complexity vectors. Intel will be staging their investment to each milestone; and in exchange, Prieto is granting Intel the ability to implement the technology first in computing devices.
From the MIT Technology Review story
3-D batteries could be cheaper to make, faster to charge, safer, smaller, and less environmentally toxic than conventional batteries. What’s more, because they can be made lightweight, flexible, and in an almost limitless variety of shapes, they could offer energy storage applications previously unimaginable.
From Popular Mechanics’ September 2014 cover story
The lithium-ion batteries powering our lives are in need of a major innovation—or a full-on replacement. But decades of research have produced few viable solutions. Until now. Read the Popular Mechanics story.
Colorado awards nearly $3 million to support innovation through Advanced Industries Accelerator Grant Program
Gov. John Hickenlooper and the Colorado Office of Economic Development and International Trade (OEDIT) announced the first round of grantees of the Advanced Industries Accelerator Grant Program.
The entire story is available at www.Colorado.gov