New Investments Have Silatronix All Charged Up

Silatronix is working on an electrolyte that could make lightweight lithium ion batteries used in cellphones, power tools, electric cars and even Navy ships last longer and maintain their stability in high temperatures.

Overheated lithium ion batteries were blamed for grounding the fleet of Boeing 787 Dreamliner jets a year ago, a problem that recurred in January involving a Japan Airlines plane. At least two electronics manufacturers recalled lithium ion batteries in 2007 because of concerns about overheating and possible explosions.

Silatronix, armed with $700,000 in new investment and a $2 million contract with the U.S. Navy, could have its solution in products on store shelves in 2016, said chief executive officer Mark Zager.

Read more at the Wisconsin State Journal.