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Gelion PLC ( (GB:GELN) ) just unveiled an announcement.
Gelion PLC has achieved a significant technical milestone by reaching the 4Q areal capacity in the development of its sulfur battery technology. This breakthrough demonstrates the potential of Gelion’s proprietary cathode active material (CAM) to produce high-energy-density, low-cost sulfur-based batteries suitable for various applications, including e-aviation and electric mobility. The achievement marks a critical step towards scaling sulfur-based technology for commercial-grade battery systems, enhancing Gelion’s competitiveness against conventional lithium-ion technology. The milestone supports Gelion’s energy-density and cost objectives, strengthening its roadmap for future high-energy-density battery targets.
More about Gelion PLC
Gelion PLC is a global energy storage innovator focused on commercializing next-generation battery technologies, including sulfur-based, lithium-sulfur (Li-S), sodium-sulfur (Na-S), and zinc-based hybrid cells. The company aims to support the transition to a sustainable economy by electrifying mobile and stationary applications and advancing battery recycling technology. Gelion is listed on the London Stock Exchange’s Alternative Investment Market and operates through subsidiaries in the UK and Australia.
Average Trading Volume: 235,997
Technical Sentiment Signal: Sell
Current Market Cap: £46.44M
See more data about GELN stock on TipRanks’ Stock Analysis page.