SION POWER

Company Snapshot

Founded: 1989
Entity Type: Private
Region: U.S.
Headquarter: Arizona, U.S.
Key Geographics: U.S.
Corporate Address: 2900 East. Elvira Road. Tucson, Arizona 85756 U.S. Tel. +1-520-799-7500 www.sionpower.com

Company Overview

Privately held Sion Power started in 1989 as Moltech, a spin-off from Brookhaven National Laboratory that concentrated on research and development. Since then, the business has expanded and drawn a remarkable team of scientists, engineers, and partners who have worked tirelessly to advance the technology required for the next generation of rechargeable batteries.

Over 100 people work for the organization, many of whom hold doctoral degrees. This outstanding group has obtained over 470 international patents and applications. The company's 67,000-square-foot production and research and development facility has labs for the test, analytical/materials analysis, and electronic assembly, in addition to a dry room for fabrication. The business also finished a 5,300-square-foot battery testing facility. The Licerion lithium metal technology, resulting from years of research and development, is poised to fundamentally alter the lithium battery industry by providing the highest possible combination of energy density and specific energy.

SION POWER In Reports

Next-Generation Advanced Batteries: Global Markets

BCC Research Market Report says Next-generation advanced batteries market reached $87.6 million in 2022 and should reach $1.8 billion by 2027, with a (CAGR) of 83.5%

Large and Advanced Battery Technology and Markets

The global market for large and advanced batteries should grow from $64.1 billion in 2019 to $109.9 billion by 2024 with a compound annual growth rate (CAGR) of 11.4% for the period of 2019-2024.

Portable Battery-Powered Products: Global Markets

The global market for batteries used in portable battery-powered products should reach $1.5 trillion by 2024 from $1.0 trillion in 2019 at a compound annual growth rate (CAGR) of 7.6% for the period of 2019 to 2024. ...

Company's Business Segments

  • Product : Lithium-Metal Battery, Consumer-grade Cells, Others
  • Service : Support, Technology Customization, Testing, Others

Applications/End User Industries

  • Electric Vehicles
  • Trasportation
  • Portable and Consumer Electronics
  • Defense and Aerospace
  • Energy Storage Systems
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