This alliance is likely to provide Exide Technologies the opportunity to improve both the efficiency and competitiveness of its product portfolio.
The solutions under development in this alliance are based on the surface engineering methods developed by Nano-Terra and its co-founder, Professor George M. Whitesides of Harvard University.
“As the world moves toward the development of increasingly more efficient energy technologies, we look forward to working with Exide to bring about significant improvements in energy storage through our nanotechnology portfolio and expertise,” said Myer Berlow, CEO of Nano-Terra. “Exide has a long tradition of being on the cutting edge of new technology advancements, and we are very pleased that the Company recognizes the important role that nanotechnology can play in this arena.”
Both companies currently anticipate that the first new product solutions will be presented to customers by 2011.
“A growing global interest in advanced lead-acid chemistries and alternate energy sources is driving our development into new products and technologies that will shape the energy storage systems of tomorrow,” said Dr. Paul Cheeseman, vice president, global engineering and research for Exide Technologies. “Exide is one of the world’s largest producers and recyclers of lead-acid batteries and the first in our industry to collaborate with Nano-Terra. This strong collaboration will allow our Company to draw upon unique nanotechnology resources to implement innovative energy solutions for the global marketplace.”
Nano-Terra is a US-based nano and micro technology development company.
Exide Technologies is a US-based provider of stored electrical energy solutions.
