AMTE Power PLC UN38.3 Certification of Ultra Safe Cells (3340Y)
04 Mai 2023 - 8:00AM
UK Regulatory
TIDMAMTE
RNS Number : 3340Y
AMTE Power PLC
04 May 2023
THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES
OF ARTICLE 7 OF THE UK VERSION OF REGULATION (EU) NO 596/2014 WHICH
IS PART OF UK LAW BY VIRTUE OF THE EUROPEAN UNION (WITHDRAWAL) ACT
2018, AS AMENDED. UPON THE PUBLICATION OF THIS ANNOUNCEMENT VIA A
REGULATORY INFORMATION SERVICE, THIS INSIDE INFORMATION IS NOW
CONSIDERED TO BE IN THE PUBLIC DOMAIN.
4 May 2023
AMTE Power PLC
("AMTE Power", or the "Company")
UN38.3 Certification of Ultra Safe Cells and Initial
Demonstration
AMTE Power plc (AIM: AMTE), a leading UK developer and
manufacturer of lithium-ion and sodium-ion battery cells for
specialist applications in growing markets, has become the first
European business to receive UN38.3 transportation testing
certification for a sodium-ion cell.
The accreditation for its Ultra Safe sodium-ion product marks
another important step forward in AMTE Power's commercialisation
plans, allowing it to access global markets. UN38.3 certification
has been adopted by regulators and competent authorities around the
world as an essential standard for the safe transportation of
cells. The protocol includes identifying/classifying cells;
testing/qualification requirements; design guidance/conditions and
packaging/shipping obligations.
Alan Hollis, CEO at AMTE Power, said:
"Battery energy storage for homes and industry will play a
fundamental role in helping the UK to deliver its decarbonisation
goals and maximise the potential of renewables. Sodium-ion
batteries are fast becoming an alternative to lithium counterparts,
particularly for energy storage applications. Our sodium-ion cell
has been specifically developed with these applications in mind,
providing a safe, stable solution that doesn't add to pressure on
lithium stocks. We are seeing growing demand for our market leading
technology used in the Ultra Safe product, and achieving UN38.3
certification marks a major milestone in our plans to scale up
production to meet our customers' needs."
"Furthermore, I am delighted to announce that our Ultra Safe
cells have now been incorporated into 12 and 43-volt battery packs
developed by AceOn for mobile energy storage. These are believed to
be the first UK-developed battery packs based on sodium-ion and
their performance will be demonstrated powering an inverter system
at the Renewable Energy Workshop and Mobile Solar Power Energy
Storage System Demonstration (REWED) today."
Mark Thompson, managing director at AceOn, said:
"Sodium-ion batteries are the next big development in battery
technology. As far as I am aware we are the first company to have
UK-developed sodium-ion battery packs in our hands. The fact that
we are collaborating with a UK manufacturer in AMTE Power, and
developing and building the packs in the UK ourselves, is vitally
important for the country. It represents a real step-change in
battery chemistry and offers huge opportunities across a range of
industries and applications."
The person responsible for arranging the release of this
announcement on behalf of the Company is Alan Hollis, Chief
Executive Officer of the Company.
ENDS
Enquiries:
AMTE Power plc Tel: +44 (0)1847 867
200
Alan Hollis (Chief Executive Officer)
Anita Breslin (Chief Financial Officer)
WH Ireland Limited (Nominated Adviser Tel: +44 (0)207 220
and Joint Broker) 1666
Chris Fielding / James Bavister (Corporate
Finance)
Fraser Marshall (Corporate Broking)
Panmure Gordon (UK) Limited (Joint Broker) Tel: +44 (0)207 886
2500
John Prior / James Sinclair-Ford (Corporate
Finance)
Hugh Rich (Corporate Broking)
Camarco (Financial PR) Tel: +44 (0)20 3757
4992 / 4981
Ginny Pulbrook / Tom Huddart / Rosie
Driscoll
About AMTE Power
AMTE Power was founded in 2013 and is a leading UK developer and
manufacturer of lithium-ion and sodium-ion battery cells for
specialist markets. In March 2021, the Company was admitted to
trading on the AIM market of the London Stock Exchange. The Company
is focused on launching a series of next generation battery cells
based on new chemistries and cell structures that are designed to
solve key problems in power delivery, energy performance, and
safety. These new products are targeted at a range of specialist
markets including the electric vehicle industry and energy storage
sector.
AMTE Power's purpose-built cell manufacturing facility in
Thurso, Scotland has the second largest cell manufacturing capacity
in the UK and the Company also has a product development team based
in Oxford. AMTE's proposed gigafactory in Dundee, Scotland is
expected to be capable of producing over 8 million battery cells
per annum enabling the Company to rapidly scale up cell
production.
For further information visit the Company's website:
www.amtepower.com
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END
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