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An update from AnteoTech Ltd ( (AU:ADO) ) is now available.
AnteoTech Ltd has achieved a significant milestone with its Ultranode™ X technology, reaching 890 cycles with 80% capacity retention for a 70% silicon anode. This advancement positions AnteoTech to enhance battery performance, offering benefits such as increased energy density and reduced battery size. The company is leveraging its collaboration with Mercedes-Benz and targeting EV cell manufacturers, aiming to capitalize on the growing demand for high-performance batteries in various sectors, including EVs and medical devices.
More about AnteoTech Ltd
AnteoTech Ltd is a leader in high-performance silicon anodes for Lithium-ion batteries, focusing on enhancing battery performance and sustainability. The company offers a range of anode configurations tailored for various applications, including electric vehicles, drones, power tools, and medical devices.
Average Trading Volume: 2,404,563
Technical Sentiment Signal: Sell
Current Market Cap: A$29.76M
Learn more about ADO stock on TipRanks’ Stock Analysis page.