SANTA CLARA, Calif., Oct. 13, 2016 /PRNewswire/ -- Gridtential Inc., an innovator in low-cost, high-performance energy storage technologies, today announced that its Board of Directors has appointed Ray Kubis as Chairman, effective October 4th. Kubis, a 35-year veteran of the battery industry who joined the Gridtential Board in 2015, has spent his tenure assisting the Company in the commercialization and licensing of its patented Silicon Joule™ advanced battery technology. In his new role, Kubis will focus on the next phase of growth for Gridtential, as the company supports its battery manufacturing partners to rapidly expand into existing and new markets including telecom, 48V hybrid vehicles, and uninterruptible power systems (UPS).
"Ray has provided invaluable leadership to our Board and we are fortunate to be able to leverage his expertise and network as Gridtential moves into its next stage of development," said former Chairman, Roger Strauch.
"Working closely with our manufacturing partners, we've made great strides in validating the performance and life of Silicon Joule and are ready to accelerate commercialization efforts through our partners' existing supply chains," said Kubis. "Our silicon-lead bi-polar technology is well positioned to rival lithium battery performance in many existing and emerging applications."
Leveraging two mature industries – lead and silicon from the solar industry – Gridtential is able to target low costs for its 24V and 48V lead-based batteries and is licensing its Silicon Joule technology to existing battery manufacturers around the world. It is that ability to access and leverage the $40 billion lead-based battery industry, which well exceeds the manufacturing capacity of competitors like Tesla, that gives Gridtential and its growing partner base the competitive edge. Capable of being produced in existing battery factories with only moderate changes to the production lines, Silicon Joule now has a "stack and seal" manufacturing approach that will lower the cost of producing batteries even further.
"Automakers are voicing increased demand for advanced lead solutions now, so time is of the essence as we work to access the multiple market opportunities that exist today," said Gridtential CEO, Christiaan Beekhuis. "If the lead industry does not push forward faster, lithium, despite its well-publicized safety, cost and recycling challenges, may dominate those markets. Silicon Joule is a solid alternative to lithium in these applications and Gridtential is in a confident position to help our lead-based partners seize these lucrative markets."
About Gridtential Energy
Gridtential Energy is developing a low-cost, scalable battery architecture that significantly improves energy density, cycling performance and battery life. Gridtential has relationships with key suppliers to accelerate development of highly repeatable, high-volume battery production capabilities. Gridtential Energy is located in Santa Clara, California. To learn more, visit http://www.gridtential.com/
SOURCE Gridtential Energy