San Diego, CA – February 18, 2024
National Battery Day, observed on February 18th, serves as a reminder of the pivotal role batteries play in our daily lives. This day commemorates the birth of Alessandro Volta, whose groundbreaking work in the 18th century laid the foundation for modern energy storage technologies. Today, as we face the urgent need to transition towards sustainable energy sources, the importance of batteries has never been more significant.
Batteries are not just portable power sources; they are the cornerstone of the clean energy demand. From powering electric vehicles to storing renewable energy on the grid, batteries are driving the shift towards a greener future. However, this transition is not without its challenges.
One of the major hurdles in battery production lies in the high cost and environmental impact of mining cobalt and nickel, key components in traditional lithium-ion batteries. The demand for these metals is skyrocketing, leading to concerns about supply chain stability and ethical sourcing practices.
In the Volta Foundation Report 2023, alarming trends in cobalt supply are highlighted, emphasizing the urgent need for alternative solutions. Traditional methods of cobalt extraction, often as a byproduct of copper and nickel mining, fail to keep pace with rising demand, resulting in market volatility and environmental degradation.
Wildcat Discovery Technologies, a pioneering company at the forefront of battery innovation, recognizes the need for sustainable alternatives. Wildcat is revolutionizing battery technology by producing high-performance nickel and cobalt-free cathode materials.
“Our new purpose is to produce high-performance U.S.-made cathodes to enable widespread adoption of clean energy,” explains Mark Gresser, President and CEO of Wildcat. “This breakthrough opportunity allows us to address the growing demand for U.S.-made cathodes for electric vehicles, grid storage, and beyond.”
Wildcat’s cutting-edge research and development efforts have led to the creation of safer, more sustainable, and affordable cathode materials. By eliminating the reliance on cobalt and nickel, Wildcat is paving the way for a more ethical and environmentally friendly battery industry.
As electric vehicle sales continue to soar, Wildcat remains committed to providing a diverse portfolio of cathode materials that are not only sustainable but also safer and more cost-effective. By prioritizing innovation and sustainability, Wildcat is shaping the future of energy and driving us toward a cleaner, brighter tomorrow.
As we celebrate National Battery Day, let us acknowledge the critical role batteries play in our lives and the innovative solutions, like those offered by Wildcat, that are propelling us toward a more sustainable future. Together, let’s power the world with cleaner, greener energy solutions.
About Wildcat Discovery Technologies
Wildcat Discovery Technology’s mission is to produce high-performance U.S.-made cathodes to enable widespread adoption of clean energy. The company plans to manufacture a portfolio of nickel- and cobalt-free cathodes at a plant it builds in the United States, while leveraging its 15 years of materials development to help customers achieve the best integrated battery cell. Customers will have access to LFP, LMFP, and DRX materials produced at the Wildcat plant.
Founded in 2006, Wildcat’s vision is to be the first choice for battery material development, integration, and supply. In addition to production, the company’s unique high throughput platform enables comprehensive materials experiments to be done 10 times faster than conventional methods. In collaboration with 80 companies, Wildcat has optimized solutions for battery components in 225 projects and 400,000 experiments spanning multiple industries. Wildcat was named one of the “50 Most Innovative Companies” by Technology Review magazine. For additional information about Wildcat, visit us at wildcatdiscovery.com, or follow us on LinkedIn.
Press Contact
Sabrina Slattery
Wildcat Discovery Technologies
Marketing and Communications Specialist
(858) 550-1980 x145
[email protected]