On Thursday, Axion Power International, Inc. announced that they would present at the upcoming Rodman & Renshaw Annual Global Investment Conference to be held September 11 to 13, 2011, at The Waldorf Astoria in New York, New York. Axion Power International, Inc. is the developer of advanced lead-carbon PbC® batteries and energy storage systems.
Mr. Thomas Granville, Chief Executive Officer of Axion Power, is scheduled to present Tuesday, September 13, 2011 at 1:35 pm in the Gramercy Suite located in the Executive Meeting Centre (18th floor). Mr. Granville will discuss the Company’s business strategy and recent developments.
Headquartered in New Castle, Pennsylvania, Axion Power has developed and patented a next generation energy storage device. This device won the prestigious Frost & Sullivan Technology Award for North America in the field of lead-acid batteries. According to Frost & Sullivan, Axion’s new PbC batteries have “the potential to revitalize the lead-acid battery industry by breathing new life into an established technology that is not well suited to the requirements of important new applications like hybrid electric vehicles and renewable power.”
Axion Power is the industry leader in the field of lead-acid-carbon energy storage technologies. The Company believes this new battery technology is the only class of advanced battery that can undergo assembly on existing lead-acid battery production lines throughout the world using Axion Power International, Inc.’s proprietary carbon electrodes. Subsequent to filling their plant’s lead-carbon battery production capacity, Axion’s future goal is to become the leading supplier of carbon electrode assemblies for the worldwide lead-acid battery industry. Axion Power International, Inc.’s operations are conducted by the Company’s subsidiary, Axion Power Battery Manufacturing, Inc., at their battery plant located in New Castle, a suburb of Pittsburgh, Pennsylvania.
The full technical description of Axion’s proprietary PbC® technology is a “multi-celled asymmetrically supercapacitive lead-acid-carbon hybrid battery.” Their battery, like a lead-acid battery, consists of a series of cells. Within the individual cells, the Company’s construction is more complex. The negative electrodes in lead-acid batteries are simple sponge lead plates; Axion’s negative electrodes are five-layer assemblies that consist of a carbon electrode, a corrosion barrier, a current collector, a second corrosion barrier, and a second carbon electrode. These electrode assemblies are then sandwiched together with conventional separators and positive electrodes to make the Company’s battery, which is filled with an acid electrolyte, sealed, and connected in series to the other cells.
For more information visit: www.axionpower.com
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