Altair Receive $2.5 million DOE Grant

Altair Nanotechnologies Inc. (NASDAQ: ALTI - News), a battery companiy that already has very advanced technology, announced that it has received a $2.5M grant from the U.S. Department of Energy. This grant funds three significant research and development programs at Altairnano covering battery electrode materials, nanosensors and nanomaterials characterization. The research programs will be conducted over the next 24 months.

A leader in advanced nanomaterials and alternative energy solutions, Altairnano has forged an innovative path in battery chemistry by replacing graphite (which can cause batteries to malfunction or explode under certain conditions) with its patented nano-titanate material which is safe and reliable.

By removing the highly reactive graphite from the battery design, and instead using nano-titanate materials as the negative electrode material, no interaction takes place with the electrolyte in the Altairnano batteries. This results in an inherently safe battery.

Altairnano's nano-titanate material can be charged and discharged significantly more often than conventional batteries because of the absence of particle fatigue that plagues graphite. Altairnano NanoSafe battery cells have achieved over 9,000 charge and discharge cycles at rates up to 40 times greater than are typical of common batteries, while retaining up to 85 percent charge capacity

The research funded by the grant includes the following programs:

Battery technology:

• Continued research on optimized anode and cathode materials for high power, safe, fast charge batteries. This research will extend the collaboration with Rutgers University for prototype cell testing.
• Further investigation of extreme temperature range battery performance.

Nanosensors

• Extending the existing collaboration with Western Michigan University on nanosensors this research will continue the development of a sensing system for detecting chemical, biological and radiological agents.

Nanomaterials characterization

• This is a new collaboration with the University of California, Santa Barbara to investigate the interaction of Altairnano's nanomaterials with various non-aqueous environments.

Comments

[amazingdrx]

Hmm, meanwhile the oil industry got 137 billion in tax breaks alone in the last year of record profits? That's not including sweetheart drilling lease deals, like the recent 8 billion under charge.

Seems a bit skewed towards fossil fuelisnness? And what do the ethanol subsidies add up too?

Meanwhile real solutions to our climate change and imported energy problems, electric plugin cars using these hitech batteries, go begging for a few million here or there. Business as usual.

[viuycgyt]

Oh spare us!
Oil isn't going any where soon.

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