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Li-S Energy Ltd ( (AU:LIS) ) has issued an update.
Li-S Energy Limited has announced a collaboration with UK-based MSubs Limited to test lithium-sulfur battery cells in unmanned underwater vehicle platforms. This partnership involves rigorous testing under simulated deep-ocean conditions and, if successful, could lead to the integration of Li-S Energy’s batteries as primary power sources in MSubs’ current and future platforms. The collaboration highlights the potential for Li-S Energy’s technology to transform undersea vehicle design by offering lighter, safer, and more efficient power solutions, potentially impacting defense and commercial applications.
More about Li-S Energy Ltd
Li-S Energy Limited is a company specializing in advanced lithium-sulfur battery technology, focusing on providing lightweight, safer, and near-neutral buoyancy battery solutions that offer significant advantages over traditional systems. The company is involved in the energy sector, aiming to enhance the performance and efficiency of undersea vehicle designs.
Average Trading Volume: 360,969
Technical Sentiment Signal: Buy
Current Market Cap: A$96.03M
For detailed information about LIS stock, go to TipRanks’ Stock Analysis page.