PASADENA, Calif., Aug. 15,
2024 /PRNewswire/ -- Sienza Energy, a
Caltech-incubated battery company that is backed by Los Angeles-based philanthropist Patrick Soon-Shiong, demonstrates how its unique
and proprietary 3D nanostructure addresses the global EV market's
safety concerns.
Dr. Azin Fahimi, the CTO of
Sienza Energy stated: "Our 3D nanostructures improve heat
dissipation, preventing localized hotspots and reducing the risk of
thermal runaway. This makes Sienza's batteries safer and more
reliable in operation."
Dr. Matthew Tasooji, Sienza CEO
stated: "As we enter a new global paradigm for state-of-the-art
green battery solutions in energy storage, electric vehicles, and
consumer electronics, the issue of battery safety becomes of
paramount importance. Sienza batteries improved mechanical
stability can better absorb and distribute mechanical stress,
reducing the likelihood of internal short circuits. "
"The South Korean Aricell battery plant fire and more
recent Mercedes-Benz EQE fire at a parking lot in Seoul, raises an urgent need to focus on EV
safety," he said.
"The 3D nanostructure combined with the silicon based anode
provides an opportunity to establish a unique battery with enhanced
safety and efficiency," stated Dr. Patrick
Soon-Shiong, majority investor in Sienza and Board
member.
Jim Demetriades, the CEO of
Kairos Ventures, an early investor in Sienza Energy, reiterated "We
are committed to build batteries that can generate, store, and use
zero-emission energy to power the world by putting safety front and
center."
Dr. Mory Gharib, Chairman of the Board of Sienza Energy
went on say: "By increasing the surface area of the electrodes, 3D
nanostructures enhance the efficiency of electrochemical reactions,
thus improving battery performance and longevity without
compromising safety."
Spherical Insights and Consulting estimates the global lithium
ion battery market to grow to $273.8
billion by 2030.
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SOURCE Sienza Energy