Li-S Energy Business Strategy
Engage Product Manufacturers in High Growth Industries:
The initial business strategy is to engage with product OEMs to prove the energy storage, technological and commercial benefits of Li-S Energy Batteries in their real-world products. The Company intends to collaborate with chosen product OEMs to retrofit Li-S Energy Batteries into their products, allowing those OEMs to run comparative performance tests against their current lithium-ion batteries.
Engage Flexible Form Product Manufacturers:
Once the Company has completed flexible form battery validation, the Company will approach manufacturers of flexible battery powered products. Examples include manufacturers of wearable technologies, foldable phones and tablets, advanced Internet of Things (IoT), security, industrial and renewable energy products.
Engage Battery Manufacturers:
On the basis that product OEM tests prove decisive, the Company intends to work with product OEMs to collaboratively approach battery manufacturers with a view to licensing Li-S Energy intellectual property for use in battery production.
License Intellectual Property to Manufacturers:
In addition to licensing patents and IP on the Li-S Energy Battery construction to manufacturers, part of the Development Program is to develop IP on effective methods to adjust current large-scale battery manufacturing plants to produce Li-S Energy Batteries on adapted, existing lithium-ion battery production lines.
Distribute BNNT and Li-Nanomesh Materials for Battery Manufacturing:
Use the Company’s intellectual property and supply and distribution agreements with BNNTTL to sell and deliver the necessary high purity BNNTs to manufacturers making lithium-sulphur batteries, and to deliver the Li-Nanomesh composite to battery manufacturers making lithium-sulphur batteries and other battery types.
Research Other Applications of Li-Nanomesh:
The Company will be expanding research and development on the uses of the Company’s Li-Nanomesh technology in other battery chemistries, including lithium metal, lithium air, sodium, potassium and aluminium based batteries, all of which experience similar issues of dendrite growth.
Evaluate and Complete Complementary Acquisitions:
Li-S Energy may also investigate complementary acquisition opportunities in the industry.