CLEVELAND, April 10, 2014 /PRNewswire/ -- EaglePicher Technologies, LLC, (EPT), an OM Group, Inc. (NYSE: OMG) company, and a leading supplier of specialty batteries and energy storage solutions for the defense, aerospace, medical, commercial and grid energy storage markets, announced today that it will receive a $3 million award from the Advanced Research Projects Agency-Energy to further develop their catalytic energy storage technology. Under their continued work with ARPA-E, EaglePicher will focus its research on improving scalability for their Sodium-Beta (Na-Beta) battery by developing an inexpensive stacked design to improve integration in renewable and grid storage applications.
The original ARPA-E effort, "Planar Na-Beta Batteries for Renewable Integration and Grid Applications," successfully demonstrated the concept of using thin BASE (Beta-Al 2O 3 Solid State Electrolyte) for reduced cell impedance and increased discharge rates while operating at reduced temperatures. Battery models and market studies conducted for the project have shown that the new concept should meet multiple needs of the grid storage market. This follow-on project leverages EaglePicher's original research with new technology being developed by another ARPA-E awardee, Material Systems and Research Inc. (MSRI). The advanced design will demonstrate the new modular, scalable concept at the end of the eighteen-month project in 450 Watt-hour cells. The continued work by EaglePicher Technologies, LLC further advances innovations in renewable energy storage.
"We are very pleased to be part of the ARPA-E initiative," said Dave Lucero, EPT's Director of Alternative/Grid Energy Storage. "The development of this technology will no doubt result in a more cost-effective and reliable approach to grid scale energy storage."
EaglePicher Technologies, LLC has a rich history of manufacturing state-of-the art batteries and systems for the defense and aerospace industries, with work in recent years to expand its expertise into other critical applications such as energy storage solutions.
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts