mPhase Technologies, Inc. (OTCBB: XDSL) announced Tuesday that it is the recipient of a $750,000, two-year grant for continued development of a “smart” lithium nanobattery that will provide backup power to a specific, critical computer memory application.
mPhase was awarded a Phase 2 Small Business Technology Transfer Program grant, part of the Small Business Innovation Research (SBIR) program, from the U.S. Army Research Office. Its progress to develop a low-power “green” battery for continuous power, through a previous $100,000 Phase 1 grant in 2007, led to further interest and to Phase 2.
“The Phase 2 work will focus on further refinements to the technology, and will be leveraged into similar commercial applications for large scale program deployments,” a company news release states.
A multi-cell battery offering uninterrupted power for a minimum of 20 years is the goal.
mPhase will continue to work with the Energy Storage Research Group (ESRG) at (New Jersey) state-run Rutgers University over a two-year period. “Rutgers is pleased to support a New Jersey company in this project and we look forward to continuing the development effort with our colleagues at mPhase on the design of the arrayed micro battery,” said William Adams, director of the university’s Office of Corporate Liaison and Technology Transfer.
Let us hear your thoughts below: