Author: altrisadmin

05 Oct Investors have confidence in Altris

September 2020:

Altris newly completed issue of shares was oversubscribed despite covid-19. Altris is thus financially equipped to scale up production and disrupt the battery industry. The aims is to make Altris’ battery chemistry dominant in stationary storage and to take significant market share in electric vehicles.

– Altris has chosen a business model that makes it possible to quickly scale up and capture the great potential that exists around this new battery chemistry, says Torbjörn Sternsjö investor in the company and newly appointed board member.

Altris creates an opportunity for the world’s producers of lithium-ion batteries to rapidly switch to producing sustainable sodium ion batteries. With Altris cathode material Fennac®, battery cell manufacturers can create competitive batteries from elements that are abundant on earth. Manufacturing requires no manganese, cobalt, lithium, phosphorus, or copper, only common and non-toxic elements. Raw material cost will be reduced without the need for investment in new equipment. 

Torbjörn Sternsjö, investor and board member

16 Sep Altris: Top 33 tech companies

September 2020:

The prestigious Swedish “33-listan” acknowledges today’s 33 best and most innovative tech companies in Sweden that have the potential of becoming tomorrow’s technology stars. Altris has been selected together with Northvolt. Previously Spotify, iZettle and Truecaller has been on the list. 

See the complete list here (in Swedish). 

EIT InnoEnergy writes about it here (in English).

16 Jun Breakthrough for Sodium Ion Battery

June 2020:

Altris now announce that already during fall of 2019 a milestone was achieved: Commercial size Sodium ion battery cells with a capacity of 1.3 Ah and with voltage 3.1 Volt have been manufactured based on Fennac, the leading cathode material produced at Altris. Further information can be found:

In English on EIT InnoEnergy newsfeed

In Swedish on Energinyheter.se newsfeed

 Cathode material Fennac®

12 Jun Founder completes PhD

June 2020:

Today Dr Ronnie Mogensen successfully defended his PhD thesis titled “Realization of Sodium-ion Batteries: From Electrode to Electrolyte Materials” against the opponent Prof. Kang Xu Adelphi Laboratory Center (ALC), Army Research Laboratory.

Ronnie started his PhD in late 2015 and over the past four and a half years has managed to publish 12 papers, two patents, helped to found Altris and produce his final PhD thesis. The thesis covers all things sodium ion batteries, from the development of a reliable positive electrode material (Prussian white), to analysis of interphase formation on the negative electrode and finally development of new non-flammable functional electrolytes for sodium ion batteries. The work in the thesis forms a significant contribution to the field and will inform future research for years to come.

Ronnie will continue working on developing the electrolyte for sodium ion batteries while also officially joining the Altris team from the 1^stof July. He will be working to help further improve our production process while boosting material performance.

Congratulations Ronnie and welcome officially to the Altris team!

Dr Ronnie Mogensen sitting, and Supervisor Prof Reza Younezi standing.

04 Jun Exploring graphene in battery

June 2020:

ALTRIS & Graphmatech, two Swedish deep tech companies who began as spin-offs from Uppsala University, are joining forces to realize the full potential of Na-ion batteries as a cleaner, safer & more sustainable future battery solution.

Together with the world-leading battery research group at the University where their journeys began, they will embark on a new SIO Grafen project, aiming to push the energy density & performance of Na-ion batteries to the next level, using Aros Graphene technology and Fennac cathode material to enhance their competitive edge in the commercial market.

25 May Substantial support from Energy Agency

May 2020:

9 Million SEK has been granted from Swedish Energy Agency to scale up production of Altris cathode material Fennac and to demonstrate the next generation of battery based on only abundant elements.

-Batteries that are based on easily accessible and durable raw materials are one of the keys to the transformation of the transport and energy systems. The project is an important step towards the market for long-term sustainable batteries, says Greger Ledung at the Swedish Energy Agency, an expert in battery research.

Here is the Swedish Energy Agency own press-release.

14 May Altris joins EBA250

May 2020: 

Altris strongly contributes to Europes goal of building a complete battery value chain inside Europe since Altris is producing active cathode material that is based on only abundant material readily available in Europe: That is way Altris has joined EBA250.   

The European Commission launched the European Battery Alliance in October 2017 to address this industrial challenge. The annual market value is estimated at €250 billion from 2025 onwards. For Europe, the establishment of a complete domestic battery value chain is imperative for a clean energy transition and a competitive industry.

EBA250 is the industrial development programme of the European Battery Alliance. EBA250 is a project-driven community which brings together more than 400 industrial and innovation actors, from mining to recycling, with the common objective to build a strong and competitive European battery industry.

29 Apr Altris develops non-flammable battery

April 2020: 

Batteries with Altris non flammable electrolyte will be tested together with Save by Solar and Scania. LiFeSiZE and Uppsala University is developing and manufacturing the battery cell. 

Swedish news outlet wrote solenerginyheter.se about here

For non-Swedish reader, it is easier to read the press release.

28 Feb Altris welcome Adam Dahlquist as the new CEO

February 2020:

Adam has extensive experience from sales and entrepreneurship. He has attracted partners and venture capital as entrepreneur and has enabled and accelerated startups as investment manager. Most recently Adam comes from EIT InnoEnergy where he worked as Business Creation Manager.
Tim Nordh stays with ALTRIS as CTO.

08 Nov Altris Featured on The Big Green Show

November 2019: 

Altris was interviewed by The Big Green Show talking about the next big thing in battery technology. The Big Green Show aims to highlight, and grow solutions to the worlds environmental challenges.  Dr Tim Nordh explains why Sodium ion batteries will solve growing environmental, social and economic issues arising from demand for lithium ion batteries. Altris’s goal is to ensure that sodium ion batteries remain as a purely green and environmentally friendly solution to these problems.