Frost & Sullivan Recognizes Enevate with Its 2016 Technology Innovation Leadership Award
Enevate Receives Recognition in the Global Lithium-Ion Battery
Industry
Frost & Sullivan has awarded its 2016 Technology Innovation
Leadership Award in the global lithium-ion (Li-ion) battery industry to Enevate
Corporation, an advanced silicon Li-ion battery developer. Enevate
received the award based on its commitment to cutting-edge innovation,
technical excellence, and overall industry impact.
“As consumers demand greater functionality and faster charging in their
electronic devices, Li-ion battery manufacturers must increase energy
density with fast charging capabilities correspondingly,” says David
Frigstad, Frost & Sullivan Chairman. “Enevate’s revolutionary
silicon-dominant composite anode material and processes have created a
disruptive and game-changing solution to this technically difficult
problem, providing a major leap in performance while maximizing the use
of existing cell production capabilities.”
Enevate’s breakthrough HD-Energy®
technology—a monolithic, silicon-dominant composite anode with more
than 70 percent silicon—delivers more than four times the energy density
of conventional Li-ion battery anodes. This improved energy density is
significant because rechargeable Li-ion batteries typically improve in
energy density at only about two to three percent per year and
conventional graphite anodes are essentially utilized at their maximum
energy density. Silicon anodes are only just starting their roadmap and
significant performance improvements are expected in the future.
“Enevate has a pulse on the growing and demanding consumer industry. As
our devices become much more intelligent and our dependence on them
increases, the need to have continuous power and fast charging
capabilities increases,” says Vishal Sapru, Frost & Sullivan Research
Manager for Americas. “In addition to having more runtime, Enevate
batteries deliver up to 8 times the charge rate of cells using
conventional graphite. The resulting products provide ultrafast,
industry-leading charging capabilities—charging to 90 percent in just 15
minutes without damaging the cell while having an additional 35 percent
to 50 percent runtime in mobile devices such as smartphones.”
“We’re honored to accept this award from a recognized global
organization like Frost & Sullivan,” says Robert
Rango, Enevate CEO. “It not only demonstrates confidence in our
technology, it’s a huge boon to our team who was worked hard to elevate
Enevate to a leadership position in the Li-ion battery space.”
Enevate’s innovation requires no major changes in the standard Li-ion
manufacturing process, making it possible to build thin, high
energy-density Li-polymer batteries for thinner, sleeker, more powerful,
and longer-running mobile devices.
Frost & Sullivan also believes Enevate has a bright future. “Enevate has
a history of accurately predicting consumer trends, carefully
researching the market prior to development and launch, and employing
ingredient branding to differentiate its technology,” explains Frigstad.
“All of these factors lead us to believe that Enevate is well poised to
take advantage of this wide market opportunity.”
Enevate’s innovative silicon Li-ion batteries have already undergone
testing at third-party testing and certification labs to meet key
industry safety and quality certifications such as UN 38.3, CTIA/IEEE
1725, UL 1642, UL 2054, and IEC 62133. Enevate also has more than 25
patents issued and pending globally.
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the full report here
About Enevate
Enevate
Corporation is an advanced rechargeable energy storage company
focused on next generation mobile devices and drones. Its global
headquarters is in Irvine, CA. Enevate’s batteries, with its
breakthrough HD-Energy
Technology, deliver significant performance improvement over
conventional Li-ion batteries. Investors include Mission Ventures,
Draper Fisher Jurvetson, Tsing Capital, Infinite Potential Technologies,
Presidio Ventures (a Sumitomo Corporation company), and CEC Capital.
Enevate, the Enevate logo, and HD-Energy are registered trademarks and
eBoost is a trademark of the Enevate Corporation.
About Frost
& Sullivan
For more than 50 years, Frost & Sullivan has been developing growth
strategies for the global 1000, emerging businesses, the public sector,
and the investment community. The Growth Partnership Company works in
collaboration with clients to leverage visionary innovation that
addresses the global challenges and related growth opportunities that
will make or break today's market participants.
Its “Growth Partnership” supports clients by addressing these
opportunities and incorporating two key elements driving visionary
innovation: The Integrated Value Proposition and The Partnership
Infrastructure. The Integrated Value Proposition provides support
throughout all phases of clients’ journey to visionary innovation. The
Partnership Infrastructure is entirely unique as it constructs the
foundation upon which visionary innovation becomes possible.
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