This sounds promising and it would be awesome!
.. BUT there are a couple of BS-flags:
- 'when fully implemented, will slash today’s lithium-ion costs by 50%' means there are several steps between prototypes (now) and 50% cost drop (much later) - so they may cost more right now, or have lower energy density. Lithium Iron Phosphate battery costs have been falling with incremental innovations, so a 50% cost reduction is good in the 3 year term but not so impressive in the 10 year term.
- no specifics about the process, like 'leverages existing layering tooling and processes from production of .. some other product ... ' that you would boast about if you are courting battery manufacturers to license your process in the near future
- 'the recipient of a $4.5 million grant from the U.S Department of Energy' - is pretty much the kiss of death. Their investment record is dismal
There is always HOPE
