noco-noco secures contract for X-SEPA™ technology to improve battery lifespan

From GlobeNewswire: 2024-10-16 09:05:00

In a significant step towards improving battery lifespan, noco-noco secures a contract to acquire manufacturing equipment featuring X-SEPA™ technology. This innovation is expected to extend battery lifespans by up to five times, preventing dendrite formation and enhancing reliability. The $9M equipment transfer will enable noco-noco to produce up to 35MWh worth of separators, contributing to an annual revenue of up to $3 million USD. This advancement will position noco-noco to excel in the rapidly growing APAC separator market, expected to reach ~$30B USD in the next 10 years. This collaboration sets the stage for future market dominance and financial stability for noco-noco.



Read more at GlobeNewswire: noco-noco Takes Significant Step in Re-start efforts with