This article discusses the battery technology company Solid Power, its innovations in solid-state batteries, and its focus on developing novel battery materials and designs. Here are some key points from the article:

Solid Power’s Innovations

  • The company is working on solid-state batteries that are safer, more efficient, and have higher energy density than traditional lithium-ion batteries.
  • Solid Power has received funding from state grants for economic development and federal grants for research and defense.

Focus on Novel Battery Materials and Designs

  • The company recognizes that it doesn’t need to build the entire supply chain to be successful, unlike its predecessor A123 Systems, which went bankrupt in 2013.
  • Instead, Solid Power is focusing on what it’s best at – creating novel battery materials and designs.

US Competitiveness

  • The article highlights the role of government policies in supporting innovation in the US. Solid Power has received funding from state grants for economic development and federal grants for research and defense.
  • The company’s CEO, David Susko, believes that manufacturing should continue to reside in the United States.

Government Support

  • The article mentions that some of Solid Power’s earliest funding came in the form of state grants for economic development and federal grants for research and defense.
  • Recently, the company received $12.5 million from Intelligence Advanced Research Projects Activity (IARPA) to develop high-energy-density conversion-type cathodes made from iron and sulfur.

Overall, the article highlights Solid Power’s innovative approach to battery technology, its focus on novel materials and designs, and the importance of government policies in supporting innovation in the US.