Superlattice Power Inc. (SLAT.OB) Acquires Electrochemical Equipment with Plans to Target Fortune 500 Companies for Prototype Review
Superlattice Power Inc. develops rechargeable lithium ion batteries for a wide range of applications, including portable electronics like laptops and electric vehicles. The company has expanded from laboratory scale to industrial scale through ramped up production and development. The company recently announced the acquisition of equipment used in electrochemical analysis and cell manufacturing. The equipment will allow the company to generate advanced lithium-ion batteries and electrode materials. As the market for rechargeable systems expands, Superlattice Power said the acquisition will allow it to target Fortune 500 companies. After manufacturing portable lithium-ion battery prototypes at its Mooresville facility, it will then…