Gelion PLC Announces Breakthrough in Sulfur Battery Technology

Gelion PLC ( (GB:GELN) ) just unveiled an update.

Gelion PLC has announced a breakthrough in its sulfur battery technology, achieving significant advancements in power capability and cycle life, which are crucial for applications in drones, transportation, and energy storage systems. The company has also agreed on a Materials Testing Agreement with a tier-one battery manufacturer, marking a critical step towards the commercial adoption of its sulfur battery solutions. This development enhances Gelion’s industry positioning and opens up potential collaborations with major global partners, underscoring the recognition of its innovative technology.

More about Gelion PLC

Gelion PLC is a global energy storage innovator focusing on the commercialization of next-generation battery technologies, including sulfur-based, lithium-sulfur, sodium-sulfur, and zinc-based hybrid cells. The company aims to support the transition to a sustainable economy by providing innovative battery solutions for mobile and stationary applications. Gelion is listed on the London Stock Exchange’s Alternative Investment Market and owns subsidiaries in the UK and Australia.

YTD Price Performance: -39.71%

Average Trading Volume: 53,566

Technical Sentiment Signal: Buy

Current Market Cap: £15.22M

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