Gelion PLC (GB:GELN) has released an update.
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Gelion PLC has achieved a significant breakthrough by successfully fabricating advanced solid-state separators for lithium-sulfur and lithium-nickel manganese cobalt oxide batteries, utilizing technology licensed from Oxford University. This innovation could enhance battery cycle life and energy density, opening new revenue streams and facilitating commercial viability in aerospace and automotive sectors. The global separator market is poised for growth, driven by increased demand for electric vehicles and efficient energy storage solutions.
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