The US Department of Energy’s Pacific Northwest National Lab (PNNL) has made a third semi-exclusive commercial licence for vanadium redox flow battery technology available.
Redflow has reported a significant rise in revenues from its zinc-bromide flow batteries but the Australian company noted that it expects to remain “cash-flow negative for some time”.
Aspen Aerogels has raised US$150 million in financing from a Koch family investment firm to help grow its aerogel thermal barrier technology division, including new products which prevent thermal runaway in batteries.