Posted by Alumni from TechCrunch
November 26, 2024
Battery tech is pivotal as the world leans into electrification to power decarbonization in the race against climate change. But rising demand is putting more attention on the limits and drawbacks of current generation lithium-ion (Li-ion) battery technology. This is where Cambridge University spin-out Molyon hopes to come in: the U.K. startup is developing next-gen lithium-sulfur (Li-S) technology. Li-S batteries hold the promise of much better performance, thanks to higher energy density compared to Li-ion cells, combined with the advantage of better supply chain resilience since sulfur is abundant. Some minerals critical to Li-ion batteries are harder to come by. 'Current batteries, like the ones in our phones, our laptops, our electric vehicles, they're just not good enough,' argues Molyon CEO and co-founder Dr. Ismail Sami (pictured above, left, with co-founder and CTO Dr. Zhuangnan Li). 'They're expensive, they contain critical rare materials like cobalt, and they're also just... learn more