Supplies and surfaces developer Meta Supplies has signed an settlement to accumulate all of the belongings and mental property of Optodot, a nano-composite battery separator and coating know-how firm.
The acquisition, valued at $48.5 million, consists of 67 patents and 22 pending patents. One in every of Optodot’s patents is for its third-generation NPORE ECS (electrode-coated separator) know-how.
“Optodot has developed disruptive, high-performance ceramic nanomaterials in partnership with main battery and medical tools OEMs,” mentioned President and CEO of Meta Supplies George Palikaras. “By way of this strategic acquisition, META expands its nanomaterials library and core experience to handle key challenges in battery security and different functions, opening multi-billion-dollar markets.”
“Optodot merchandise might be mixed and coated with META’s PLASMAfusion know-how,” says Meta Supplies.
Meta Supplies will proceed licensing and scaling up manufacturing of Optodot’s know-how. The corporate additionally plans to spice up the capability of its manufacturing facility in Quebec.
Supply: Meta Supplies
