Announced

Koch Strategic Platforms to invest $30m in Blue Current.

Synopsis

Koch Strategic Platforms, an investment company, agreed to invest $30m in Blue Current, which manufactures silicon elastic ceramic solid-state batteries for the new energy economy. "Customers want completely safe batteries with a big boost in capacity and performance. Through independent validation, we have demonstrated that our silicon elastic composite solid-state cells are resistant to fire and provide high energy density and long cycle life. Now we’re focused on scaling the technology and furthering innovations that improve system-level energy density. This is a critical enabler for our customers to build lighter and more space efficient electric vehicles and consumer electronics," Ben Eiref, Blue Current CEO.

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