Project from AMTE Power one of three to share £1 million of funding

A project from Oxfordshire-based AMTE Power has been named as one of three projects from UK small and medium sized enterprise (SME) battery developers, which will share around £1 million of funding.

The funds were awarded via the UK Research and Innovation (UKRI) funded Faraday Battery Challenge (FBC) – a £541 million investment programme which supports technology development and manufacturing scale-up capability for batteries in the UK.

The three project winners were AMTE Power, Addionics and Nyobolt and were announced at the Battery Cells and Systems Expo, at the National Exhibition Centre (NEC) in Birmingham.

AMTE Power plc (LON:AMTE) is a recognised brand in the production of high-quality lithium-ion batteries across a range of markets including automotive, aerospace, defence, oil & gas and energy storage. They have been been producing cells for over 30 years at their factory in Scotland, which can trace its roots back to the birth of lithium-ion battery cell technology, first patented in the UK.

Click to view all articles for the EPIC:
Or click to view the full company profile:
Facebook
X
LinkedIn
AMTE Power plc

More articles like this

AMTE Power plc

AMTE Power raises funds as talks make progress

Battery manufacturer AMTE Power has raised new funds as talks with a potential equity investor are expected to complete in the coming weeks. The company, which has a plant in Thurso and is hoping to build

AMTE Power plc

AMTE Power placing proposed retail offer

AMTE Power Plc (LON:AMTE), a leading developer and manufacturer of lithium-ion and sodium-ion battery cells for specialist markets, has announced that it has conditionally placed 124,476,380 new ordinary shares of 0.5 pence each in the capital

AMTE Power plc

Sodium-ion battery likely alternative to lithium-ion

Today, sodium-ion batteries are getting noticed as a possible alternative to lithium-ion batteries. With substantial investments in the technology by such global leaders as Contemporary Amperex Technology Co., Limited (CATL) and BYD heralding production on a

AMTE Power plc

Exploring the future of battery technology

Batteries are the lifeblood of our smartphones, electric vehicles, and other technological devices. While lithium-ion (Li-ion) batteries are currently the most widely used, there are several emerging alternatives that could address the limitations and problems of

AMTE Power plc

What’s the future of energy storage?

From smartphones to electric vehicles, batteries single-handedly power some of the single most impactful technologies in our lives. And while batteries themselves aren’t some new technology, the lithium-ion (Li-on) kind that powers most of our devices

AMTE Power plc

Sodium-ion batteries are powering up

As the global demand for batteries grows in the race to decarbonize, research is evaluating potential complements to the industry favourite, lithium-ion. Especially in applications involving electric vehicles, lithium-ion batteries might be the darlings of the

AMTE Power plc

The best and most innovative ideas for new batteries

Let’s face it – it’s hard to imagine modern life without batteries. We are dependent on our devices and most of them, including phones, computers, watches, tablets, toys, and even cars need batteries to function. Having to

AMTE Power plc

AMTE Power secures loan to facilitate equity raise

Battery cell manufacturer AMTE Power has secured a £1m bridging loan to facilitate a proposed equity raise. The company has received the loan facility from Arena Investors LP to provide sufficient time for the business and

AMTE Power plc

Battery firm AMTE Power secures £1m lifeline

Battery manufacturer AMTE Power has secured a £1 million lifeline while talks continue with a potential new equity investor to provide further funding. The company, which has a plant in Thurso and wants to build a

AMTE Power plc

AMTE Power secures £1 million loan facility

AMTE Power Plc (LON:AMTE), a leading developer and manufacturer of lithium-ion and sodium-ion battery cells for specialist markets, has announced that it has agreed a new secured £1.0 million loan facility with Arena Investors LP in

AMTE Power plc

AMTE Power flying the flag for FCEVS

Solving challenges in power delivery, energy performance and safety for fuel cell electric vehicles with ultra-high power battery cells Over the coming years, hybrid, battery-electric vehicles (BEVs) and hydrogen fuel cell electric vehicles (FCEVs) are all

AMTE Power plc

Major milestone achieved by Thurso-based battery firm

A Thurso-based battery manufacturer has achieved “a major milestone” in its plans to access global markets. AMTE Power is believed to be the first European business to receive certification for the safe transportation of its Ultra

AMTE Power plc

Focus on flexibility – optimising battery pack production

The AMS Evolution Livestream expert panel representing Ford, AMTE Power and Henkel, discussed the fast-changing production requirements as cell manufacturers and OEMs ramp up Gigafactories and battery pack assembly. OEMs and battery cell producers are updating

AMTE Power plc

AMTE Power receives certification for sodium-ion cell

UK developer and manufacturer of lithium-ion and sodium-ion battery cells, AMTE Power, has received UN38.3 transportation testing certification for a sodium-ion cell. The accreditation for its Ultra Safe sodium-ion product is part of the firm’s commercialisation