Details

Last Funding Type

Seed

Last Funding Money Raised

$120K

Industries

Energy,Energy Efficiency,Renewable Energy

Founded date

Jan 1, 2016

Number Of Employee

1 - 10

Operating Status

Active

Salient Energy is commercializing a revolutionary new battery based on research at the University of Waterloo.

Their zinc-ion battery is perfectly suited, both technically and economically, for storing electricity in the grid. The company's proprietary cathode materials store energy in zinc in a way that has never been commercialized before – Salient Energy has made unique cathode materials that can actually incorporate zinc in their crystal lattice instead of just reacting on the surface. This allows the batteries to have a relatively high energy density. It also allows the user to use of traditional battery designs that are compatible with standard manufacturing equipment. This means that the cheaper, safer, and the longer-lasting battery can be made in existing battery factories around the world.