Piersica, Inc. Gains $1M NSF Grant to Revolutionize Batteries
Piersica, Inc. Secures Grant to Enhance Battery Innovations
Piersica, Inc. has recently announced a significant achievement, securing a $1 million grant from the National Science Foundation (NSF). This prestigious funding is part of the NSF's Small Business Innovation Research and Small Business Technology Transfer Programs, establishing Piersica’s commitment to advancing solid-state battery technology. The targeted research will involve developing highly conductive solid polymer separator membranes that are compatible with high-voltage cathodes, marking a leap forward in battery innovation.
Transforming Energy Storage with Next-Generation Batteries
With the aim of powering a diverse range of rechargeable devices, Piersica's upcoming solid-state battery technology promises to deliver enhanced battery capacity. Applications are expected to span from mobile phones and laptops to electric vehicles and sophisticated robotics. One of the most exciting prospects is the potential for completely new applications such as electric aircraft and long-range delivery drones, propelled by the advanced energy density offered by Piersica’s technology.
Leadership Driving Innovation
Leading the company is Dr. Claudiu Bucur, a seasoned expert in the battery industry. Under his guidance, Piersica is pushing the envelope of what's possible in battery technology. The innovations at Piersica include a proprietary titanium-based lithium-conductive polymer, a solid polymer electrolyte layer that excels in conductivity, a solid 3D lithium-metal anode, and a high-voltage cathode layer free from cobalt.
Remarkable Energy Density and Safety
These components are designed to achieve an industry-leading energy density of 630 Wh/kg, which is approximately 2.5 times that of conventional lithium-ion batteries. Such advancements not only enhance performance but also push the boundaries of lithium-based technology, promoting safer, more efficient energy storage solutions.
Significant Grant Milestones
In expressing gratitude for the NSF grant, Dr. Bucur mentioned the immense value this funding holds. He explained that it was a crucial opportunity for Piersica to validate its advanced technology and proprietary materials further. With this grant, the company aims to evolve its developmental cells into a sophisticated prototype of their next-generation solid-state battery, which they anticipate will be ready for demonstration to potential customers in upcoming years.
Understanding the NSF Grant Phases
The journey towards receiving this grant begins between Phases I and II of the NSF's SBIR/STTR funding process. After a small business secures a Phase I grant, which can be up to $275,000, it may then apply for a Phase II grant that can reach up to $1 million. Businesses that secure Phase II funding can qualify for additional matching funds of up to $500,000 through third-party investments or profitable sales.
Growing Financial Support for Piersica
This NSF Phase II grant also marks Piersica's sixth award in the SBIR/STTR program, collectively amounting to an impressive $1.9 million in non-dilutive capital since 2022. Notably, Piersica is also participating in the Shell GameChanger program, which further underscores their innovative approach toward battery technology.
About the NSF’s Small Business Programs
America’s Seed Fund, powered by NSF, is a remarkable program that dispenses $200 million each year to support innovative startups and small businesses. By funding research and development across a wide range of scientific fields, the NSF aims to facilitate breakthroughs that can provide significant commercial and societal impact. Funded projects can receive up to $2 million to propel their research, reducing risks associated with new technologies.
About Piersica, Inc.
Piersica is at the forefront of solid-state battery technology, committed to creating ultra-high energy-density lithium-ion batteries. With an emphasis on sustainability and cutting-edge research, Piersica aims to drive the transition to greener energy solutions. By leveraging proprietary materials and pioneering technologies, the company is setting the stage for batteries that provide superior voltage, increased storage capacity, and faster charging times, designed to fulfill the needs of existing products and to pave the way for future innovations in energy.
Frequently Asked Questions
What is the purpose of the NSF grant awarded to Piersica?
The grant aims to support the development of advanced solid-state battery technology, focusing on creating highly conductive polymer membranes.
How does Piersica's solid-state battery technology differ from traditional batteries?
Piersica's solid-state batteries offer significantly higher energy density and safety compared to conventional lithium-ion batteries.
Who is leading Piersica, Inc.?
Dr. Claudiu Bucur, a veteran in the battery industry, is leading Piersica's innovative efforts in battery technology.
What are the expected applications of Piersica's technology?
The technology is anticipated to be utilized in mobile phones, laptops, electric vehicles, drones, and electric aircraft.
How much total funding has Piersica received from the NSF?
Piersica has secured a total of $1.9 million in non-dilutive funding from the NSF since 2022.
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