PowerGenix Overview
PowerGenix is developing and manufacturing patented, nickel-zinc (NiZn) rechargeable batteries that are substantially smaller, lighter and more powerful than other rechargeable batteries on the market today. Our rechargeable Ni-Zn batteries are green and completely safe. Ni-Zn batteries contain no toxic materials, are easily recyclable and are non-combustible.
NiZn batteries lend themselves to...More»
PowerGenix is developing and manufacturing patented, nickel-zinc (NiZn) rechargeable batteries that are substantially smaller, lighter and more powerful than other rechargeable batteries on the market today. Our rechargeable Ni-Zn batteries are green and completely safe. Ni-Zn batteries contain no toxic materials, are easily recyclable and are non-combustible.
NiZn batteries lend themselves to numerous applications requiring a light-weight, rechargeable, high-discharge rate battery. Applications for our batteries that we are pursuing include power tools, hybrid electric vehicles, personal mobility devices such as scooters and wheel chairs, military and medical device applications, as well as consumer AA/AAA batteries«Less
Key People
Management
Board of Directors
Funding
| Date | Type | Capital Amount | Post-Money Valuation | Investors |
|---|---|---|---|---|
| 05/2003 | Series A | 3.75M | Unknown | |
| 11/2004 | Series B | 10M | Unknown | |
| 12/2006 | Series C | 17M | Unknown | |
| 09/2008 | Series D | 30.8M | 60.75M |
Products
| Name: | PowerGenix Nickel-Zinc Technology |
| Product URL: | http://www.powergenix.com/service.php |
| Description: | PowerGenix has developed a high-energy density, high-cycle life and low-cost nickel-zinc (NiZn) battery ideal for applications that demand high discharge rate capabilities. The technology offers compelling performance advantages, most notably a 30% weight and size reduction coupled with higher power and superior low temperature discharge behavior. Using both a patented electrolyte and a patented electrode composition, PowerGenix has eliminated past issues of dendrite formation and shape change of the zinc electrode during cycling. Dendrite formation and shape change of the zinc electrode have been the primary hindrances to a commercially viable rechargeable NiZn battery. Additionally, PowerGenix developed this breakthrough technology in a manner that did not compromise the inherently superior performance characteristics of a NiZn battery. Two of the more prominent features of the PowerGenix NiZn battery are its small size and low internal resistance, which enables the delivery of significantly more power during periods of peak demand than a nickel-cadmium (NiCd) or nickel-metal hydride (NiMH) battery of comparable size. Although the design and construction of the cell is similar to NiCd, the higher voltage of PowerGenix's NiZn cell results in a 25% lower cell requirement in multi-cell packages, representing significant space and cost savings. |
Competitors
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Sanyo
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Panasonic
Related Companies
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09/17/2008 05:10PM by kilmeny
User Opinions
Bulls vs. Bears (2)
| Bullish Opinions (2) | Author/Date | Do you agree? | |
|---|---|---|---|
|
lower cost, better performance, environmentally friendly |
venturegreen 06/23/2008 |
100% 1 vote 1 0% 0 |
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Better for the environment |
eyoung 06/20/2008 |
100% 1 vote 1 0% 0 |
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| Bearish Opinions (0) | ||||
|---|---|---|---|---|
| Be the first to tell us why they are destined to stumble. | ||||
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PowerGenix Raises $30M
Sep 17, 2008 - 0 comments
Alt-chemistry battery maker PowerGenix lands a deal for electric scooters and bikes
Sep 2, 2008 - 0 comments
PowerGenix Gets Chinese Win
Sep 2, 2008 - 0 comments
PowerGenix Gets Safety Certification
Aug 6, 2008 - 0 comments
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