II-VI Incorporated Awarded IARPA Development Contract for High-Energy Rechargeable Lithium Batteries in Partnership with EaglePicher Technologies
October 21 2021 - 8:30AM
II‐VI Incorporated (Nasdaq: IIVI), a leader in engineered
materials, today announced that it was awarded a
multimillion-dollar development contract for high-energy
rechargeable lithium batteries by the U.S. Intelligence Advanced
Research Projects Activity (IARPA), under the multiyear Robust
Energy Sources for Intelligence Logistics In Extreme, Novel, and
Challenging Environments (RESILIENCE) program, and in partnership
with EaglePicher Technologies.
The goal of RESILIENCE is to develop portable power solutions
for electronics and systems that operate in demanding operational
environments for years. Under the program, II-VI’s differentiated
cathode technology will enable high-energy rechargeable lithium
batteries that greatly exceed the energy storage density of lithium
batteries currently available in the market. II-VI’s battery cells
utilize highly loaded chalcogen cathodes that leverage II-VI
proprietary carbon hosts, electrolyte chemistries, and thick-film
coatings. Additionally, II-VI’s cathode technology enables
industry-leading charging and discharging rates and is free of
cobalt, a designated conflict mineral.
“We are excited to begin working closely with IARPA to bring to
market our breakthrough battery materials technology,” said Dr.
Chris Koeppen, Chief Technology Officer, II-VI Incorporated. “We
believe that this technology will have a significant impact on
markets beyond aerospace and defense, in a broad range of rapidly
growing applications, including the electrification of vehicles and
the transportation infrastructure, clean and renewable power
storage for energy utilities and microgrids, portable consumer
electronics, wearable devices for health monitoring and public
safety, and harvested energy storage for the commercial and
industrial internet of things.”
“As a well-established and leading supplier of batteries for
demanding environments in mission-critical applications, we are
uniquely positioned to support this program,” said George Cintra,
Chief Technology Officer, EaglePicher Technologies. “By combining
II-VI’s expertise in engineered materials with our experience in
volume manufacturing, we will deliver highly differentiated
batteries in time to meet the rapidly growing demand in multiple
markets.”
II-VI’s cathode technology can be tailored to the application by
adjusting the mix of sulfur and selenium: Greater sulfur content
maximizes energy storage, while greater selenium content maximizes
power delivery and reduces charging time.
About II-VI Incorporated
II-VI Incorporated, a global leader in engineered materials and
optoelectronic components, is a vertically integrated manufacturing
company that develops innovative products for diversified
applications in communications, industrial, aerospace &
defense, semiconductor capital equipment, life sciences, consumer
electronics, and automotive markets. Headquartered in Saxonburg,
Pennsylvania, the Company has research and development,
manufacturing, sales, service, and distribution facilities
worldwide. The Company produces a wide variety of
application-specific photonic and electronic materials and
components, and deploys them in various forms, including integrated
with advanced software to support our customers. For more
information, please visit us at www.ii-vi.com.
CONTACT: |
Mark
LourieVice President, Corporate
Communicationscorporate.communications@ii-vi.com
www.ii-vi.com/contact-us |
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