Altris wins the EIT Innovation Team Awards
The Swedish sodium-ion battery developer Altris is one of the winners in the EIT Awards, the European Institute of Innovation and Technology’s competition to recognize the most promising entrepreneurs and innovators addressing global challenges connected to climate, energy, raw materials and more.
Altris is on a mission to bring the world better, safer and truly sustainable sodium-ion batteries. Transitioning from a society built on fossil fuels to sustainable energy and electrification will require a massive number of batteries. But there just aren’t enough readily available raw materials – particularly refined lithium, cobalt and nickel – to produce enough batteries to make this happen in time. That’s why Altris develops cathodes,electrolytes, battery cells and factory blueprints to create market-leading sodium-ion batteries.
Backed by EIT InnoEnergy, Altris is proud to be the winner of the EIT Innovation Team Award for their pioneering work in safe and sustainable sodium-ion battery technology. The finals took place during the EIT Summit in Brussels, Belgium, on the 20th of February.
“We’re proud to be awarded for our pioneering sodium-ion batteries. This achievement springs from the Ångström Laboratory of Uppsala University in Sweden, and we’ve dedicated countless hours to evolve our patented innovation from its initial concept to commercial readiness. It has been a team effort between researchers and entrepreneurs every step of the way”, says Christer Bergquist, CFO and Deputy CEO of Altris.
Altris sodium-ion technology is made from abundant raw materials and is free from conflict minerals and toxic elements while offering outstanding performance in terms of longer life, more flexible working temperatures and safety. In late 2023, the company reached an important milestone as they presented a battery cell validated for a best-in-class energy density of over 160 Wh/kg, making it commercially viable for applications such as sustainable and cost-efficient energy storage systems.
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Altris receives financial support from Swedish Energy Agency
The Swedish sodium-ion battery developer Altris receives support from the Swedish Energy Agency within the programs Industrial Leap and NextGenerationEU. A total of SEK 77 million has been granted for the establishment of a pilot plant to produce sustainable and safe sodium-ion battery cells.
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