Our Proprietary Technology
INNOVATING SUSTAINABILITY
Fossil fuel-free energy generation and mass transportation are essential for securing the future of humanity and the environment.
Solar, wind, geothermal and tidal power are expanding across the planet, which requires safe, cost-effective energy storage.
A myriad of other market applications are developing, including medical, aviation (e.g. drones), and hand-held devices.
Yet these promising new industries cannot reach their full potential without cutting-edge new battery technology.
NextGen is developing the required frontier battery materials based on proprietary solid-state electrolytes and cobalt-free cathodes.
- Our technology is readily adaptable to multiple form factors and manufacturing scenarios.
- Our focus is on deriving performance and efficiency from the structure and composition of our materials and the optimization of surface reactions between them.
Key innovations to date include our:
- Patented high-energy density cobalt-free cathode
- Patent-pending dendrite-blocking solid-state electrolyte
They outperform current industry standards of safety, energy density and cost.
Solid-State Electrolytes
NEW GLOBAL INDUSTRIES
- The market for electric vehicle batteries is projected by McKinsey & Co. to develop from 1.3 gigawatts (GW) from 2025 to 2030.
- The wide diversity in the number of models that automobile manufacturers will introduce in the next few years – over 500 models expected by 2025 – provide numerous opportunities for market entry.
- Solar panel and wind turbine farms are spreading around the globe, both on land and off-shore. They also require far more efficient, safe and scalable battery technologies.
OUR INNOVATIVE APPROACH
- NextGen’s HC composite solid state electrolyte combines the best properties of ceramic and polymeric materials.
- It is readily synthesized using scalable processes and has demonstrated high ionic conductivity at both low and high temperatures, a high lithium-ion transference number, high rate capability, and is compatible with high-voltage cathodes.
- It is inherently non-flammable (removing the need for secondary safety systems), replaces the traditional porous separator (another ~10% cost savings), and enables high-capacity lithium-metal anodes for all solid-state batteries.
Cobalt-Free Cathodes
MARKET POTENTIAL & CHALLENGES
- The global lithium-ion battery cathode market ($5B by 2025) is highly fragmented among ~60 main suppliers, none of which holds more than 7% share.
- The cathode is the single most expensive component of a lithium-ion battery, representing ~22% of the total manufactured cell cost.
- Cobalt content is a key contributor of costs and uncertainty in the battery supply chain, accompanied by negative social and environmental considerations.
OUR SOLUTIONS
- The performance of NextGen's LMOX family of high capacity (>180Ah/kg), high voltage (>4.4V nominal), and high specific energy (>700Wh/kg) low cost cathode material has been third-party verified.
- It is currently undergoing testing by a specialty battery manufacturer.
- The material is based on a scaled, commercially available manufacturing process, and can be used as a drop-in replacement for existing cathode materials.