Li-S Energy (ASX:LIS) develops lithium sulphur battery with increased energy density

• Li-S Energy (LIS) develops a new lithium sulphur battery with increased volumetric energy density
• LIS says its new, third-generation, 20-layer battery cells offer the potential to reduce the size of battery packs needed for the same amount of energy stored
• The cells were developed using LIS semi-solid-state lithium sulphur technology in its semi-automated phase two facility in Geelong, Victoria
• Test cell production capacity is anticipated later this year when the company’s new phase three facility is scheduled to be completed
• LIS shares are up 29.4 per cent and trading at 33 cents at 3:43 pm AEST

Li-S Energy (LIS) has developed a new lithium sulphur battery with increased volumetric energy density.

The third generation, 20-layer battery cells were developed using the company’s semi-solid-state lithium sulphur technology at its semi-automated phase two facility in Geelong, Victoria.

LIS said it achieved a 45 per cent increase in volumetric energy density, offering the potential to reduce the physical size of battery packs needed for the same energy stored, compared to its existing GEN2 lithium sulphur cells.

Additionally, LIS said the new cells had the potential to be safer than traditional lithium sulphur batteries as they were built using a low-flammability electrolyte.

Li-S Energy CEO Lee Finniear said the development of the new batteries validated the strength of the company’s scientific and technical teams and its collaboration with Deakin University and other institutions.

“This outcome demonstrates the strength of our progress over the last year,” Mr Finniear said.

“In the coming months, we look forward to commencing the production of commercial samples for our partners.”

Test cell production capacity is anticipated later this year when the company’s new phase three facility is scheduled to be completed.

LIS shares were up 29.4 per cent and trading at 33 cents at 3:43 pm AEST.