West Knoxville-based energy storage start-up licenses five battery technologies from ORNL
Energy storage start-up SPARKZ Inc. has exclusively licensed five battery technologies from Oak Ridge National Laboratory. Designed to eliminate cobalt metal in lithium-ion batteries, the advancement is aimed at accelerating the production of electric vehicles and energy storage solutions for the power grid.
According to yesterday’s news release, the licensed technologies include cathode materials, a novel electrolyte formula and a scaling process that will together enable industrial scale production of more sustainable, fast-charging cobalt-free batteries. A LinkedIn site for SPARKZ lists the start-up’s address as in the Hardin Valley area of West Knoxville.
