1414 Degrees Enters Agreement for Silicon-Anode Battery Technology Testing, Commercialization Program in Space Applications; Shares Jump 4%

MT Newswires Live
06/17

1414 Degrees (ASX:14D) entered into an agreement with Orbit Express and Orbit Boy for a proposed testing and commercialization program for its SiNTL silicon-anode battery technology for space, satellite, and rocket applications, according to a Wednesday Australian bourse filing.

Under the agreement, SiNTL-based batteries will be tested in European satellite design laboratories for readiness for deployment into rocket and spacecraft power systems.

Orbit Boy will help in procuring a satellite manufacturer to conduct live space testing of SiNTL-based batteries aboard real satellites in Earth's orbit to generate actual in-space performance validation.

Subject to performance outcomes, Orbit Boy will also look to integrate SiNTL technology into a high- power battery for Orbit Boy's satellite-mounted Solaris Space Defense Laser.

Its shares rose 4% in recent trading on Wednesday.

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