SCOTTISH GOVERNMENT FUNDING BOOSTS TITANVOLT’S TESTING COLLABORATION WITH LEADING UNIVERSITY

Titanvolt are set to benefit from more university funding from the Scottish Inward Investment Catalyst Fund, which will support continued testing of our advanced battery technology.

The additional funding, which is managed by the Scottish Government and Interface, will enable Titanvolt to continue our ground-breaking collaboration with the University of St Andrews – the first of its kind for a project at this stage of development.

Exceptional performance

Earlier this year, the university’s Colin Vincent Centre for Battery Technology praised Titanvolt’s lithium titanium oxide (LTO) battery for its ‘exceptional performance’ in initial testing. The test report confirmed Titanvolt’s data that the LTO batteries don’t overheat and are, therefore, suitable for a wider range of buildings and public spaces than traditional batteries.

Additional testing will not only measure the impact of an increased battery charge and discharge rate, it will also feature St Andrews’ cold temperature chamber (-20C). “The testing will deepen our relationship with the university, and serve as a basis for external independent and international validation of our cell, and any incremental developments, improvements or new chemistries we make in the future,” said Titanvolt COO Dan Goodman.

“For the university to get additional funding for this collaboration is a clear sign of the Scottish Government’s confidence in our project, and we’re extremely grateful for their ongoing support.”

Research and development

The Scottish Inward Investment Catalyst Fund supports businesses not yet located in Scotland to work with Scottish academic institutions. Titanvolt is one of six businesses to benefit from awards made to universities for research and development projects.

“Inward investment plays an important role in ensuring Scotland’s economy grows and prospers,” said Minister for Business Richard Lochhead. “The talent, innovation and expertise offered by our world-class universities and academia play a key part in attracting investors to Scotland.”

Collaborative partnerships

Interface is an impartial, free service that connects Scotland’s academic communities with businesses to accelerate innovation and build strong, collaborative partnerships.

“It is encouraging to see the range of universities and the diverse expertise they are offering, and the ambitious companies focused on key priority areas for Scotland around societal, sustainable and technology challenges,” said Howell Davies, Interface’s Head of Strategic Programmes.

Titanvolt’s pouch cell battery, which has no fire risk, is cleaner, safer and more energy efficient than other battery types. It’s also 95% recyclable. The technology was developed by Grinergy in South Korea and is being brought to market in the UK and Europe by Titanvolt.