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ALTILIUM ANNOUNCES PIONEERING PROJECT TO PRODUCE AND VALIDATE EV BATTERY CELLS USING RECOVERED MATERIALS

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Project aims to accelerate UK’s transition to sustainable electric vehicles (EVs) by focusing on battery production decarbonisation

PLYMOUTH, England, Sept. 26, 2024 /PRNewswire/ — Altilium, a UK-based clean technology group focused on supporting the transition to net zero, has today announced a groundbreaking project to produce and validate EV battery cells using materials recovered from end-of-life EV batteries.

 

In a first for the UK, the project will demonstrate battery cells produced with recovered cathode active materials (CAM) which will be validated for use in vehicles with a leading automotive OEM.

The project has been made possible through the support of the Advanced Propulsion Centre UK, under the latest round of its Advanced Route to Market Demonstrator (ARMD) competition.

Working alongside JLR, a global luxury car manufacturer, Altilium will leverage its advanced EcoCathode™ process to deliver a significant carbon reduction in EVs. By recovering critical materials including lithium, cobalt and nickel, Altilium’s process reduces the need for newly mined materials, resulting in a 60% reduction in carbon emissions.

JLR will conduct comprehensive validation studies on the pouch cells at its cutting-edge battery testing facilities.

Production of the battery cells is planned to take place at the UK Battery Industrialisation Centre (UKBIC), the UK’s national battery manufacturing scale-up facility, using recovered battery materials produced by Altilium at its new mini-commercial ACT2 facility, as well as its ACT1 pilot, both in Devon.

Dr Christian Marston, Altilium COO, commented: “We are proud to lead this pioneering project with JLR that brings us one step closer to a circular economy for battery materials in the UK. By demonstrating that EV battery cells made from recovered materials can meet the rigorous standards of the automotive industry, we’re not only reducing the environmental impact of battery production but also supporting the UK’s efforts to build a more sustainable and resilient EV supply chain. This project is a vital milestone in our mission to decarbonize the battery value chain and support automotive OEMs in achieving their regulatory and sustainability goals.”

The project builds on Altilium’s previously announced partnership with UKBIC, supported by Innovate UK’s Faraday Battery Challenge, to begin rapid prototyping of EV battery cells using recycled CAM. Both projects will be crucial in de-risking the scale-up of Altilium’s battery recycling operations and helping to strengthen the UK’s position in the global EV supply chain.

Sean Gilgunn, Managing Director of UKBIC, commented: “We’re delighted to be part of this innovative project which will help the industry move towards an even cleaner future. Our role in the battery ecosystem is to help companies prove their new materials and technologies can be industrialised, and working with Altilium will help them prove their recycled CAM can be an effective option in future EV batteries.”

According to new research by the Faraday Institution, demand for UK EV battery manufacturing capacity will reach nearly 110 GWh per annum in 2030. In order to meet this demand, the UK will need to secure substantial amounts of raw materials, such as lithium, cobalt and nickel, needed to manufacture EV batteries. The development of a sustainable domestic supply chain for these materials will therefore be critical for the electrification of transport in the UK.

Altilium’s planned Teesside hub will be the UK’s largest integrated battery recycling facility, capable of processing 150,000 EV batteries annually and supplying 30,000tpa of CAM back into the UK’s growing gigafactory complex.

About Altilium

Altilium is a UK-based clean tech group that will reshape the UK and European automotive supply chain by offering high volume, low carbon domestic sources of cathode and anode materials from recycling waste streams already in circulation, such as end-of-life batteries.

The company’s proprietary EcoCathode™ process converts end-of-life EV batteries and manufacturing scrap into domestic, sustainable, battery precursors, cathode active materials (CAM) and cathode precursor (pCAM) for direct reuse in new batteries.

Altilium’s first mini-commercial plant is currently under construction in Plymouth while its planned Teesside plant will be one of the largest EV battery recycling facilities in Europe. The plant will have the capacity to process scrap from over 150,000 EVs per year, producing 30,000 MT of CAM, enough to meet around 20% of the UK’s expected needs by 2030. 

Altilium’s growth has been supported by a number of UK government innovation awards, including grants from the Faraday Institutions Battery Challenge and the Automotive Transformation Fund. The company recently completed its Series A funding round with a multi-million pound investment from SQM Lithium Ventures, the corporate venture arm of the lithium business of Sociedad Quimica y Minera de Chile (SQM), one of the world’s leading producers of battery-grade lithium.

For more information go to www.altilium.tech

For media inquiries contact: dominic@altilium.tech

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RiskBlue Launches Contract Management Software for Builder’s Risk and Water Mitigation Contracts

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57 mins ago

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October 2, 2024

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RiskBlue introduces a transformative software solution to manage high-rise construction risks and streamline insurance processes.

LONDON, Oct. 2, 2024 /PRNewswire-PRWeb/ — RiskBlue, a new venture from RiskClock, announces the launch of its innovative contract management software, specifically designed to assist insurance brokers and developers in efficiently managing high-rise Builder’s Risk and Water Mitigation contracts. The platform aims to enhance water insurance risk control and management in the construction and operational property sectors.

Under the leadership of serial entrepreneur Diogo Beltran, RiskBlue delivers a user-friendly interface that offers the construction industry’s most reliable water risk controls, sourced from reputable providers. This ensures all parties involved in a project are aligned with the project’s controls and schedule, securing investments and enhancing management practices across the industry.

“Our goal at RiskBlue is to redefine the standard for risk management in construction and operational properties,” Diogo Beltran explained. “We are committed to bridging the gap between risk assessment and mitigation, providing a platform that ensures both are handled with the utmost efficiency and reliability.”

RiskBlue’s software facilitates streamlined underwriting processes for Builder’s Risk and Water Mitigation contracts by providing tools that help forecast, evaluate, and manage potential water-related hazards. This proactive approach aids in preventing delays and overruns, keeping projects within budget and on schedule.

“The construction sector often faces challenges with water-related risks that can derail projects. Our software provides a strategic advantage by integrating detailed risk evaluations and mitigation strategies into one central system,” added Beltran. “This allows stakeholders to maintain tight control over project timelines and budgets, significantly reducing the risk of costly setbacks.”

The platform not only serves as a critical tool for insurance brokers and developers but also fosters a collaborative environment by connecting them with leading solution providers. This collaboration ensures that all mitigation strategies are comprehensive and tailored to the specific needs of each project.

RiskBlue is now available for industry professionals who are looking to enhance their risk management capabilities and protect their construction and operational investments from water-related risks.

For additional details on how RiskBlue can transform your approach to managing construction risks and to schedule a demo, please visit https://www.riskblue.com.

About RiskClock

Established by Diogo Beltran, RiskClock is renowned for its innovation in construction technology, focusing on pioneering solutions that enhance the safety and efficiency of construction and operational projects. RiskClock continues to lead the way in developing cutting-edge technology solutions for the industry.

Media Contact

Diogo Beltran, RiskBlue, 888-888-8888, diogo.beltran@riskclock.com, https://www.riskblue.com/

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SOURCE RiskBlue

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Skanska signs supplemental award for data center in Georgia, USA, for USD 80M, about SEK 840M

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57 mins ago

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October 2, 2024

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STOCKHOLM, Oct. 2, 2024 /PRNewswire/ — Skanska has received a supplemental award with an existing client to build additional data halls at a data center in Georgia, USA. The supplemental award is worth USD 80M, about SEK 840M, which will be included in the US order bookings for the third quarter of 2024.

The project is the construction of four additional data halls on a previous data center site in Georgia.

Work is underway and is scheduled for completion in the third quarter of 2025.

For further information please contact:

Ashley Jeffery, Communications Mgr, Skanska USA Building, tel +1 813 459 3682

Andreas Joons, Press Officer, Skanska AB, tel +46 (0)10 449 04 94

Direct line for media, tel +46 (0)10 448 88 99

This and previous releases can also be found at www.skanska.com.

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/skanska/r/skanska-signs-supplemental-award-for-data-center-in-georgia–usa–for-usd-80m–about-sek-840m,c4045660

The following files are available for download:

https://mb.cision.com/Main/95/4045660/3033638.pdf

20241002 US data center addition

 

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SOURCE Skanska

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Fractus expands IoT patent licensing program signing ADT agreement and ending litigation

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57 mins ago

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October 2, 2024

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BARCELONA, Spain, Oct. 2, 2024 /PRNewswire/ — Fractus, a leader in in antenna technology and IP licensing, announced today the successful signing of a patent licensing agreement with ADT, the market leader in connected alarm systems in the United States. With this agreement, Fractus continues to assert its leadership in IP and antenna technology, further strengthening its position in the rapidly evolving Internet of Things (IoT) sector.

Fractus has achieved a significant milestone by securing a new licensing agreement with ADT, following a patent infringement lawsuit it filed in October 2022 against both ADT and Vivint (case 2:22-cv-00412-JRG and 2:22-cv-00413-JRG) over internal antenna technology critical to alarm security systems. This deal, which adds to the agreement reached earlier this year with Vivint, consolidates Fractus’ position as a key technology provider in the Internet of Things (IoT) market. By expanding its base of licensees within the IoT ecosystem, Fractus reaffirms its commitment to protecting and monetizing its intellectual property.

“We are proud to announce this significant agreement with ADT,” said Jordi Ilario, COO and VP at Fractus. “The IoT landscape is diverse and fragmented, but we remain focused and resilient in leveraging our patent portfolio. This agreement is a testament to our ongoing efforts to drive revenue through IoT licensing and explore new areas of development.”

“Our success in sectors such as network infrastructure and mobile phone OEMs underscores the value of our innovations,” said Ruben Bonet, CEO of Fractus. “The progress we’ve made this year positions us optimistically for future growth and further expansion within the IoT sector.”

Fractus was represented by the top-tier law firm Susman Godfrey. “We are pleased to continue our more than decade-long history of successfully representing Fractus, which stretches back to 2011 with a jury verdict in favor of Fractus against Samsung,” said Max Tribble, a Susman Godfrey lawyer.

About Fractus

Fractus is an early pioneer in developing antenna technology for smartphones, tablets and other wireless Internet of Things devices and holds an intellectual property rights portfolio of more than 40 inventions protected through over 120 patents and patent applications in the United States, Europe and Asia. Among the numerous awards and honors the company has received for its innovative work, Fractus was named a 2005 Davos World Economic Forum Technology Pioneer and one of Red Herring’s top innovative companies for 2006. It also won the 2004 Frost & Sullivan Award for technological innovation and the 2010 National Communication Award of the Catalan Government in the telecommunications category. A team of Fractus inventors was finalist for the EPO European Inventor Award 2014. On November 2015, Fractus was awarded Academiae Dilecta by the Spanish Royal Engineering Academy and on April 2017 received the “European Inspiring Company Award” by the London Stock Exchange and the Elite Group.

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View original content:https://www.prnewswire.co.uk/news-releases/fractus-expands-iot-patent-licensing-program-signing-adt-agreement-and-ending-litigation-302264328.html

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