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Nanoexa Signs Battery Technology Deal
Nanoexa has signed a deal to work with Argonne National Laboratory and a South Korean company to develop and sell advanced battery technology.
The San Francisco-based company owns a controlling stake in Decktron, the South Korean company in the deal, which makes lithium batteries and flat displays.
Nanoexa seeks to sell new lithium batteries developed by Argonne Lab, which is managed by the University of Chicago. Such batteries could be used in cars, and Michael Pak, the CEO of Nanoexa, cited Argonne’s connections to automobile makers as a benefit of the agreement.
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