COnovate (Milwaukee) had an outstanding 2021 with growth in employees and great progress on the scaling and demonstration of its materials.
COnovate is commercializing a distinct product called COPHITETM anodes. This material contains the world’s first solid form carbon monoxide at room temperature. The unique materials enable development of novel, lighter, and safer anode solutions that will charge faster and contribute to greater battery energy and power densities.
Today, COnovate produces the COPHITE material in a form that will enable seamless adoption in the battery and other marketplaes as an alternative to graphite, the current material of choice for lithium-ion battery anodes. The company intends to lever these advantages To provide COPHITE material to battery makers to enable them to deliver next generation batteries.
COnovate believes it now has a scalable recipe that can take production all the way to scalable volumes. The company also submitted a patent to expand the intellectual property protection for its material and the process to make it.