Parthian Battery Options has been awarded a U.S. Nationwide Science Basis (NSF) Small Enterprise Expertise Switch (STTR) grant for $274,951 to conduct analysis and improvement on the best applied sciences to reuse retired electrical car batteries in second-life purposes.
Over the previous decade, lithium-ion batteries have seen a big surge in demand as a result of recognition of rising applied sciences like electrical automobiles and renewable power. With conservative projections of lithium-ion battery deployments rising practically 3,000 instances their present ranges by 2050, it’s crucial to handle the related challenges associated to their value, provide chains and environmental influence.
This venture would permit for the secure and efficient reuse of those batteries, successfully doubling their life. Making a second life for these batteries prevents the necessity to manufacture new ones, which in flip reduces their value, alleviates provide chain points and minimizes their environmental influence. Moreover, this know-how enhances American independence over the lithium-ion business.
“NSF accelerates the interpretation of rising applied sciences into transformative new services and products,” stated Erwin Gianchandani, NSF assistant director for know-how, innovation and partnerships. “We take nice pleasure in funding deep-technology startups and small companies that can form science and engineering outcomes into significant options for at the moment and tomorrow.”
“It’s Parthian’s mission to handle the financial and logistical hurdles dealing with society’s carbon discount objectives. Being acknowledged by this NSF award not solely validates Parthian’s efforts, it performs a big function in positioning ourselves on the forefront of disruptive startups within the clean-tech area,” stated Auggie Chico, founder and CEO of Parthian Battery Options and principal investigator of the analysis venture. “We certainly wouldn’t be on this place with out assist from native assets. We’ll be working carefully with the engineering experience at WVU on this venture. Moreover, the West Virginia Small Enterprise Growth Heart’s state matching incentive will inject a further $100,000 into the venture, bringing complete venture funding to just about $375,000.”
All proposals submitted to the NSF SBIR/STTR program, often known as America’s Seed Fund powered by NSF, bear a rigorous merit-based assessment course of. As soon as a small enterprise is awarded a Section I grant, it turns into eligible to use for Section II funding and extra dietary supplements totaling as much as $2 million. To get began, startups or entrepreneurs submit a written.
To be taught extra about America’s Seed Fund powered by NSF, go to: https://seedfund.nsf.gov/
NSF has a number of applications that assist speed up the interpretation of analysis outcomes to apply and supply pathways for researchers, startups and aspiring entrepreneurs to maneuver their concepts from the laboratory to the market and society. To be taught extra about how NSF helps unlock future applied sciences for nationwide and societal influence, go to: beta.nsf.gov/tip/newest.
America’s Seed Fund powered by NSF awards greater than $200 million yearly to startups and small companies, reworking scientific discovery into services and products with business and societal influence. Startups working throughout nearly all areas of science and know-how can obtain as much as $2 million to assist analysis and improvement, serving to de-risk know-how for business success.
America’s Seed Fund is congressionally mandated by way of the Small Enterprise Innovation Analysis program. The NSF is an impartial federal company with a funds of about $9.5 billion that helps basic analysis and schooling throughout all fields of science and engineering.