Sion Power Stock

sionpower.comEnergy / Energy StorageFounded: 1989

Sion Power, founded in 1989 as a spin-off from Brookhaven National Laboratory under the name Moltech, has evolved into a privately owned entity focused on pioneering rechargeable battery technology. With decades of dedicated research and development, the company has amassed a talented team of scientists, engineers, and partners. Their collective efforts have propelled Sion Power to the next generation of battery technology, significantly improving rechargeable lithium-metal batteries' energy density and cycle life.

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News Highlights

Sion Power Raises $75 Million to Commercialize Its Proprietary Licerion Technology for Electric Vehicles
Sion Power, innovator in next-gen EV batteries, secures $75M Series A funding, led by LG Energy Solution and supported by Jim Simons’ Euclidean Capital, and new investor Eric Schmidt’s Hillspire LLC. New board members include Stefan Jacoby, Scott Brady, Robert McIntyre, and Hansol Kim, enhancing leadership in advancing battery technology.
Updated on: May 18, 2024

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Public news articles listed on this page have been curated by Forge based on several factors including, but not limited to, product updates, changes in organization structure, funding rounds, third-party valuations, and key personnel changes. Changes to this list of articles can be made at any time without notice and should not be relied upon for investment purposes. Forge does not verify the accuracy of the information contained in public news articles.