AnteoTech’s New Joint Venture Targets 38% Battery Cycle Life Boost
AnteoTech has signed a binding Term Sheet with US-based Black Diamond Structures to jointly develop and commercialise an advanced battery additive combining their proprietary technologies, targeting improved lithium-ion battery anodes with higher silicon content.
- Binding Term Sheet signed for Joint Development Agreement with Black Diamond Structures
- Combined product integrates AnteoTech’s Anteo X™ cross linker and BDS’s MOLECULAR REBAR® carbon nanotubes
- Demonstrated 38% cycle life improvement in high silicon lithium-ion battery anodes
- Production to commence at BDS’s Texas facility with initial US market focus
- Technical and commercial milestones set with rapid sales growth targeted
Strategic Partnership Advances Battery Innovation
AnteoTech Ltd (ASX – ADO) has taken a significant step forward in commercialising its advanced battery materials technology by signing a binding Term Sheet with US-based Black Diamond Structures LLC (BDS). This agreement lays the groundwork for a Joint Development Agreement (JDA) aimed at producing and marketing a novel battery additive that combines AnteoTech’s proprietary cross-linker, Anteo X™, with BDS’s MOLECULAR REBAR® carbon nanotube dispersion technology.
The collaboration targets the burgeoning market for high silicon lithium-ion battery anodes, where manufacturers seek to enhance energy density, charge rates, and longevity. By integrating these two technologies, the partners aim to deliver a product that significantly improves the electrochemical performance and structural integrity of silicon-rich anodes, a critical component in next-generation batteries.
Proven Performance Gains and Market Potential
AnteoTech’s prior testing demonstrated a 38% improvement in cycle life at 80% capacity retention when combining its Anteo X™ cross linker with single-walled carbon nanotubes in silicon anodes. This performance leap underscores the potential of the joint product to meet the demanding requirements of battery manufacturers incorporating more than 10% silicon by weight in their anodes.
Production will be based at BDS’s Texas facility, leveraging their established manufacturing capabilities and customer base in the US. This strategic location not only facilitates initial sales in a key market but also positions the partnership for potential global expansion. Both companies have agreed on a series of technical and commercial milestones to accelerate early sales and customer engagement, with a focus on rapid growth.
Synergistic Collaboration and Future Outlook
AnteoTech’s CEO Merrill Gray highlighted the value of combining their Brisbane-based production of Anteo X™ with BDS’s local expertise and manufacturing infrastructure. This synergy is expected to reduce market entry risks and enhance customer benefits through a superior combined product offering.
Meanwhile, BDS CTO Paul Everill emphasized the complementary nature of the technologies, noting that MOLECULAR REBAR® already offers industry-leading materials efficiency, which is further enhanced by Anteo X™. The partnership aims to deliver a new grade of performance additive that enables battery manufacturers to achieve more with less material.
With the JDA targeted for finalisation within 60 days, the partnership is poised to make a meaningful impact on the lithium-ion battery materials sector, particularly as demand for high silicon anodes continues to grow globally.
Bottom Line?
As AnteoTech and Black Diamond Structures move to finalise their joint development, the race to dominate high silicon battery materials in the US market intensifies.
Questions in the middle?
- What are the detailed financial terms and profit-sharing arrangements of the Joint Development Agreement?
- How quickly will early sales translate into meaningful revenue growth for AnteoTech?
- What are the potential challenges in scaling production and securing customer adoption in the competitive US battery market?
