NOVONIX Limited (NASDAQ: NVX, ASX: NVX) (“NOVONIX” or the
“Company”), a leading battery materials and technology company, and
SandboxAQ, an enterprise SaaS company that combines artificial
intelligence (AI) with quantum analysis (AQ) to address some of the
world’s most challenging problems, today announced they will
collaborate to predict the lifespan of lithium-ion batteries, by
leveraging SandboxAQ’s AI-driven chemical simulation software and
NOVONIX’s Ultra-High Precision Coulometry (UHPC) technology and
extensive battery cell prototyping and testing capabilities.
With the rapidly growing demand for lithium-ion batteries
required to support the global electrification trend, optimizing
battery performance and cycle life on a timely basis has never been
more critical to enhance performance and reduce battery costs.
NOVONIX is focused on developing key technologies and materials
that are needed for long-life, high-performance battery
applications. This enhanced data and analytics offering complements
NOVONIX’s UHPC testing equipment and R&D prototyping and
testing services to provide actionable information faster for the
battery industry. The resulting models will be used for data
products and services in the first half of 2024, building on
NOVONIX’s purpose-built, proprietary, battery data platform.
Predicting lithium-ion battery performance and degradation has
been an ongoing challenge due to the complexity of the
electrochemical system inside a lithium-ion cell, which depends on
many factors such as cell chemistry, temperature, cycle rate and
operational voltage windows, as well as physical cell design
parameters. Presently, the battery industry performs extensive
lifetime and performance assessments, which can take years for the
necessary analytical results to drive cell and material
improvements. Accurately predicting cell life using short-term,
high-throughput UHPC testing in combination with advanced AI models
can help accelerate product development and innovation for new
battery chemistries.
Nadia Harhen, General Manager of Simulation & Optimization
at Sandbox AQ, said: “AI and Quantum technologies will
revolutionize nearly every industry. Collaborating with the
scientists at NOVONIX to deploy machine learning algorithms and
quantum simulations for battery R&D, we have an opportunity for
immediate and substantial impact across application areas in energy
storage. SandboxAQ’s predictive modeling technologies, paired with
NOVONIX’s industry-leading expertise, will transform the battery
industry’s ability to make informed decisions around chemistries,
processes, cells, and technologies at every stage of research and
manufacturing.”
Dr. Chris Burns, CEO of NOVONIX said: “We are thrilled to
partner with SandboxAQ and leverage their transformational AI and
Quantum (AQ) solutions to accelerate innovation in the evolving
battery landscape. SandboxAQ’s breakthrough AQ-powered software has
the opportunity to revolutionize battery R&D, optimizing
discovery, design, and manufacturing of the next-generation energy
storage products that will power a more sustainable future.
SandboxAQ’s insight and solutions will allow NOVONIX to unlock the
full potential from its UHPC products and service offerings to
drive actionable insights and better outcomes across the battery
value chain. For the last decade, NOVONIX has leveraged insights
from its Battery Technology Solutions division to push to the
forefront of product innovation. We are confident that this
strategic partnership will continue to strengthen our competitive
edge in providing revolutionary solutions to the battery
industry.”
About NOVONIX NOVONIX is a leading battery
technology company revolutionizing the global lithium-ion battery
industry with innovative, sustainable technologies,
high-performance materials, and more efficient production methods.
The company manufactures industry-leading battery cell testing
equipment, is growing its high-performance synthetic graphite anode
material manufacturing operations, and has developed an all-dry,
zero-waste cathode synthesis process. Through advanced R&D
capabilities, proprietary technology, and strategic partnerships,
NOVONIX has gained a prominent position in the electric vehicle and
energy storage systems battery industry and is powering a cleaner
energy future. To learn more, visit us at www.novonixgroup.com or
on LinkedIn and X.
About SandboxAQSandboxAQ is an enterprise SaaS
company, providing solutions at the nexus of AI and Quantum
technology (AQ) to address some of the world's greatest challenges.
The company's core team and inspiration formed at Alphabet Inc.,
emerging as an independent, growth-capital-backed company in 2022.
SandboxAQ is backed by T. Rowe Price, Eric Schmidt (chairman of
SandboxAQ), Breyer Capital, Guggenheim Partners, Marc Benioff,
Thomas Tull, Paladin Capital Group, and other leading investors.
For more information, visit http://www.sandboxaq.com.
For NOVONIX Limited Scott
Espenshade, ir@novonixgroup.com (investors) Lori Mcleod,
media@novonixgroup.com (media)
For SandboxAQEric Sokolsky,
eric.sokolsky@sparkpr.com (media)
Forward-Looking StatementsThis communication
contains forward-looking statements about the Company and the
industry in which we operate. Forward-looking statements can
generally be identified by use of words such as “anticipate,”
“believe,” “contemplate,” “continue,” “could,” “estimate,”
“expect,” “intend,” “may,” “plan,” “potential,” “predict,”
“project,” “should,” “target,” “will,” or “would,” or other similar
expressions. Examples of forward-looking statements in this
communication include, among others, statements we make regarding
the anticipated improvements in accuracy and speed of predictive
testing of cell performance, reliability and advancements in
battery technology resulting from the Company’s collaboration with
SandboxAQ. We have based such statements on our current
expectations and projections about future events and trends that we
believe may affect our financial condition, results of operations,
business strategy and financial needs. Such forward-looking
statements involve and are subject to known and unknown risks,
uncertainties and other factors which may cause our actual results,
performance or achievements to be materially different from any
future results, performance or achievements expressed or implied by
the forward-looking information. Such factors include, among
others, the success of the technology results, our ability to scale
to other technologies, how discussions progress with potential
buyers, and the accuracy of our estimates regarding market size,
expenses, future revenue, capital requirements and needs for
additional financing, and regulatory developments in the United
States, Australia and other jurisdictions. Detailed information
regarding these and other factors that could affect our business
and results is included in our filings, including the Company's
most recent transition and annual reports on Form 20-F,
particularly the “Operating and Financial Review and Prospects” and
“Risk Factors” sections of those reports. Copies of these filings
may be obtained by visiting our Investor Relations website at
www.novonixgroup.com or the SEC's website at www.sec.gov.
Forward-looking statements are not guarantees of future performance
or outcomes, and actual performance and outcomes may differ
materially from those made in or suggested by the forward-looking
statements contained in this communication. Accordingly, you should
not place undue reliance on forward-looking statements. Any
forward-looking statement in this communication is based only on
information currently available to us and speaks only as of the
date on which it is made. We undertake no obligation to publicly
update any forward-looking statement, whether written or oral, that
may be made from time to time, whether as a result of new
information, future developments or otherwise.
NOVONIX (NASDAQ:NVX)
過去 株価チャート
から 5 2024 まで 6 2024
NOVONIX (NASDAQ:NVX)
過去 株価チャート
から 6 2023 まで 6 2024