Battery materials and licensing company developing a range of silicon anodes for the next generation of lithium-ion batteries. Silicon anodes offer up to 10x capacity of carbon. Nexeon has unique nanostructured silicon materials that show high energy capacity with good cycle life. Nexeon has a growing portfolio of patents covering materials and fabrication processes, and has completed the construction and commissioning of its new process development and manufacturing facility in Milton Park, Oxford.
Li-ion battery market for consumer electronics was estimated at c. $10bn in 20131. Electric vehicle market is also significant application. Total market by 2020 estimated at $44bn-$73bn2. Current value of carbon anode materials is $0.75bn pa. Silicon operates at higher capacity (1,000mAh/g) so on MWH equivalent basis the market for replacing carbon anodes is 18,000 tonnes pa3 opportunity for silicon. Higher capacity and trend for smaller, feature rich consumer devices supports premium pricing for silicon materials if it enables additional sales.
Dr Scott Brown has a strong track record of intellectual property management and licensing, including senior management roles at Cambridge Display Technology (CDT), Sumation and Dow Corning.
Dr Brown has worked in the US and more recently Japan where he worked closely with many of Asia’s leading electronics companies.
Nexeon raises £30m from a syndicate of investors including Imperial Innovations and Woodford Funds
Appointed Dr Antti Vasara, former VP Corporate Strategy, Nokia and Tony Posawatz, an expert in vehicle electrification, appointed as NXDs
Nexeon completes commissioning of 20 tonne pilot plant capable of producing 20 tonnes of material per year
Nexeon signs JDAs with two major OEMs
Appointment of new CFORead more
Nexeon selected to appear at London's Science Museum as part of the Make it in Great Britain ChallengeRead more
Nexeon's advanced silicon technology wins two Rushlight awardsRead more
Nexeon begin collaboration with Major Global Automotive OEMRead more
£40 million funding round led by Imperial InnovationsRead more
World-record Li-ion cell performance announcedRead more
New facilities opened to accelerate technology development and enable production of sufficient quantities of sample material to meet demandRead more
Nexeon signs Material Evaluation Agreements with major international companiesRead more
Cells containing Nexeon's silicon material complete 500 full charge/discharge cycles, a significant milestone for rechargeable batteries for consumer electronicsRead more
Nexeon receives Technology Strategy Board funding as part of a consortium developing solutions for electric vehicle batteries.Read more
£10 million funding round led by Imperial InnovationsRead more
£4.25m funding round led by Imperial InnovationsRead more