Technology

Iontra Closes $45 Million Series C to Deliver Launch of the Industry’s First Integrated RISC-V Charge Control and Fuel Gauge Microcontroller

Published

2 months ago

November 21, 2024

CENTENNIAL, Colo., Nov. 20, 2024 /PRNewswire/ — Iontra Inc, a Colorado-based leader in next-generation battery charging technology, announced today that it has successfully completed its $45M Series C funding round with support from both current and new investors. The company has raised $120.3 Million to date. Combined with the recent DOE award of the $2.15 million ARPA-E circular grant, this solidifies Iontra’s leadership position in battery charging technology.

Iontra’s funding round was led by repeat prominent energy sector investor Volta Energy Technologies, with additional support from others.

“The team and I are grateful for the continued strong support from our investors,” said Jeff Granato, CEO of Iontra. “This Series C financing supports the significant market potential of our technology and positions us for aggressive growth, starting with customers launching Iontra-enabled products in a matter of months and samples of our purpose-built MCU becoming available for customers in 2025.”

“Iontra is in a unique position as the only charge control technology based on electrodynamic principles, which enables us to deliver maximum performance from Lithium batteries while enhancing safety,” said Daniel Konopka, CSO of Iontra. “Thanks to our passionate and highly innovative team, we have a compelling roadmap of breakthroughs to further shape battery performance for product OEMs.”

This funding will advance Iontra’s leadership position as a fabless supplier of low-cost, small-footprint battery charger microcontrollers (MCUs). With embedded Iontra charge technology, Iontra’s MCU will maximize battery performance and efficiency across a wide range of consumer and industrial products, including power tools, smartphones, and wearables.

Iontra’s MCU also includes industry standard cyber security capabilities, and advanced high-speed peripherals, allowing OEMs to unlock options for further system integration, reducing electronic Bill-of-Material (e-BOM) costs and carbon footprint.

Through Iontra’s state-of-the-art design centers and semiconductor supply chain partners, Iontra is committed to delivering a robust and reliable solution for its customers with initial samples of its custom MCU expected by mid-2025 and release to production in 2026.

“Iontra’s technology is a game-changer for the battery industry,” said David Schroeder, CTO at Volta Energy Technologies. ” While significant advancements have been made in battery technology, the charging process itself has often been neglected, especially for current battery products. Iontra’s innovative approach offers a groundbreaking solution that policymakers and manufacturers should consider to further optimize their existing battery performance. We are excited to continue supporting their mission to dramatically improve battery performance and sustainability for a wide range of markets.”

This funding will also enable Iontra to support its customers’ upcoming product releases. Notable customers include Salom Europe Ltd, a global leader in power supply solutions and battery chargers, and Spectralink, a pioneer in enterprise communication solutions.

About Iontra:
Iontra’s unique advanced battery sensing and charging method is predictive and responsive, proactively protecting the battery while charging. Iontra minimizes the most concerning failure modes of batteries – plating and dendrite formation – which cause safety issues and limit battery performance.

Iontra charge technology is chemistry agnostic and proven to concurrently increase battery cycle life and charge speed up to and greater than 200 percent, support cold weather charging to -20°C, and create a safer charge overall, without changing the design and chemistry of existing battery cells.

Iontra’s breakthrough charge control technology is validated by approximately eight million cycling hours performed in-house, testing dozens of battery types and the stability of the system under various charge conditions for quality, reliability, and durability. Iontra’s technology has also been tested by four independent research labs, including National Renewable Energy Laboratory, Novonix, and University of Michigan.

Information on the ARPA-E Circular grant to Iontra can be found at https://www.prnewswire.com/news-releases/iontra-selected-for-arpa-e-circular-grant-to-revolutionize-ev-battery-life-302295719.html

About Volta Energy Technologies:
Volta Energy Technologies is a leading cleantech investment firm focused on accelerating the adoption of sustainable energy solutions. The firm invests in companies across the clean energy spectrum, with a focus on battery technologies, renewable energy generation, and energy efficiency solutions. For more information, visit.

Media Contact
Madeleine Stump
Madeleine.stump@iontra.com
Iontra Website: https://iontra.com/

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SOURCE Iontra Inc

Technology

Docking Drawer to Revolutionize Appliance Garage Safety at KBIS 2025

Published

24 minutes ago

January 11, 2025

Docking Drawer, the leader in in-drawer outlet solutions, is set to showcase its newly configured Safety Interlock Outlets for appliance garages at the Kitchen & Bath Industry Show (KBIS) in Las Vegas this February 2025.

SAN RAMON, Calif., Jan. 11, 2025 /PRNewswire-PRWeb/ — Docking Drawer’s Unwavering Dedication to Safety

“At Docking Drawer, we’re not just creating products; we’re setting new standards for safety and functionality.”

When it comes to safety, no one in the industry matches the focus and innovation of Docking Drawer. Their Safety Interlock Outlets for appliance garages bring a unique, forward-thinking solution to an often-overlooked area in kitchen design. These safety outlets automatically de-energize an appliance garage power source when the cabinet door is closed, ensuring that appliances are safely powered off when contained inside the cabinet.

Docking Drawer is also the only company dedicated to creating in-cabinet electrical solutions that meet the strict code requirements of the Canadian marketplace. Their Safety Interlock Outlets are designed to make in-cabinet electricity compliant in Canada while offering consumers in all regions an additional layer of safety for in-cabinet power.

Advanced Limit Switch Technology

Docking Drawer’s Safety Interlock Outlets for appliance garages utilize an advanced Limit Switch system, designed to work seamlessly with power outlets concealed by a cabinet door. This intuitive feature detects when the cabinet door is closed, instantly cutting power to the connected outlet and all powered appliances.

Now Compatible with Any Appliance Garage Door

An updated Limit Switch feature now offers different switch options to accommodate all appliance garage door types, including traditional cabinet doors, pocket door setups, and more. The newly designed Limit Switch now offers two functions to choose from:

Power Off When Limit Switch is Depressed: This state is ideal for traditional cabinet doors, where closing the door depresses the switch to cut power safely.Power On When Limit Switch is Depressed: This state is perfect for pocket doors, where the door being pushed back upon opening activates the switch, turning the power on.

Customizable Connectivity

The flexibility of Docking Drawer’s solutions also allows for connecting multiple limit switches to a single safety outlet or vice versa, offering customization options to adapt to the unique demands of any project.

“At Docking Drawer, we’re not just creating products; we’re setting new standards for safety and functionality,” states Scott Dickey, founder of Docking Drawer. “Our Safety Interlock Outlets represent the culmination of our dedication to innovation and empowering homeowners and professionals with safer, more organized spaces—even beyond the kitchen and bathroom.”

Join Us at KBIS 2025

Don’t miss the opportunity to experience the future of kitchen safety. Visit Docking Drawer at KBIS 2025 in Las Vegas this February to see firsthand how their Safety Interlock Outlets are revolutionizing appliance garage safety.

About Docking Drawer:

Founded in 2014, Docking Drawer offers a full array of ETL Listed electrical solutions. From our core in-drawer outlets developed specifically for use inside the drawer to our family of safety interlock outlets which add peace of mind to in-cabinet electrical setups, our products are designed to create more organized, functional and safer spaces.

Media Contact

Paul Hostelley, Docking Drawer, 1 530-362-5055, paul@dockingdrawer.com, dockingdrawer.com

View original content:https://www.prweb.com/releases/docking-drawer-to-revolutionize-appliance-garage-safety-at-kbis-2025-302347293.html

SOURCE Docking Drawer

Technology

More than 85 Governments to Gather in Riyadh to Lead Global Action on Minerals at Fourth Future Minerals Forum

Published

1 hour ago

January 11, 2025

RIYADH, Saudi Arabia, Jan. 11, 2025 /PRNewswire/ — Over 85 governments from key mineral-producing and consumer nations, including 16 countries from the leading G20 economies, and 50 ministers and 13 vice ministers – have confirmed they will join the 2025 FMF Ministerial Roundtable on January 14, 2025.

The Ministerial Roundtable, a multi-stakeholder, government-led initiative, is the traditional opener of FMF, spurring international action to increase investment in mineral supply and build capacity in the Super Region of Africa, Western and Central Asia, and other supply regions. It is set to be the largest and most senior gathering of mineral resources officials in the world

Discussion will cover progress made over the past year on the three Ministerial Roundtable initiatives:

Development of an International Critical Minerals FrameworkEstablishment of Centers of Excellence to build capacity in sustainability (Morocco), talent development (South Africa), and technology innovation (Saudi Arabia).Advancements in Certification Systems to ensure responsible mineral sourcing.

His Excellency Khalid Al-Mudaifer, the Vice-Minister for Mining Affairs of Saudi Arabia’s Ministry of Industry and Mineral Resources, emphasizes that, “The meeting is an important step towards achieving sustainable development in the minerals sector globally. It is an ideal platform for delivering solutions, developing legislation on best practices in the field of sustainable mining, and exploring ways to invest in mining projects to achieve economic and social development in producing countries.”

Joining him are high-profile leaders, including ministers from supplier and financing like Brazil, South Africa, DRC, India, Egypt, Italy, Nigeria, Qatar, Pakistan, Kazakhstan, Uzbekistan, Malaysia, Thailand, Morocco, Indonesia, France, USA and the United Kingdom, discussing opportunities for global cooperation.

“This year, discussions will seek to enhance collaboration between governments, industry, and communities to drive more investment in minerals, and development through value addition in supplier countries. We want to support the pressing need for sustainable mining practices, resilient supply chains, and value-driven partnerships in the minerals industry.”

Importantly, the outcomes of the Ministerial Roundtable are not confined to the event itself but form an ongoing, year-round program. Regional Coordination Groups will continue to drive the implementation of key initiatives.

“FMF is emerging as the largest global hub for minerals collaboration and action – no other platform brings together government ministers and senior industry leaders at this scale.” Al-Mudaifer concluded.

SOURCE Future Minerals Forum

Technology

LANDI Global Unveils Flagship Cx20: Elevating business efficiency and customer experience with a next-generation Windows-powered terminal

Published

2 hours ago

January 11, 2025

SINGAPORE, Jan. 11, 2025 /PRNewswire/ — LANDI Global proudly announces the launch of the Cx20 terminal, our flagship next-generation smart Windows Desktop POS.

Engineered for businesses that seek advanced technology and refined design, the Cx20 delivers top-tier performance with seamless compatibility. This powerful Desktop POS empowers users to handle even the most challenging tasks with confidence, making it ideal for demanding environments.

Innovation driven by market needs

The Cx20 is designed to meet the growing global demand for Windows-based Desktop POS.

With a large Windows-installed base still in use and the end of support for Windows 10, many businesses are seeking an easy migration path to Windows 11-compatible POS solutions. The Cx20 integrates seamlessly with existing Windows-based applications and back-end systems, ensuring minimal disruption and maximum compatibility.

Build for Business Demand

The Cx20 is built to meet the demands of businesses with its powerful performance, robust connectivity, and user-friendly design.

Equipped with advanced industrial control chips, running on Windows 11 IoT LTSC, the Cx20 benefits from Microsoft’s long-term support of up to 10 years+, delivering consistent performance for high-demand workloads and efficient multitasking.

Connectivity is seamless, with Wi-Fi 6e and 1000M Ethernet support, ensuring constant, reliable connectivity essential for uninterrupted business operations.

Its 15.6″ IPS with 1920×1080 resolution, multi-touch display ensures crystal-clear visuals and an intuitive user experience.

Outstanding performance and customer benefit

The Cx20 is powered by a Hexa-core Intel® i3-1215U processor, reaching speeds up to 4.4GHz. With compatibility for Windows 11 IoT, it excels at handling high-demand workloads and multitasking, making it the ideal POS solution for businesses.

Memory options range from 8GB + 256GB as a base, ensuring versatility to meet various operational needs while maintaining a seamless experience for complex tasks. The Cx20 is equipped with an integrated 80mm thermal printer featuring auto-cutter technology, ensuring efficient printing, and LANDI’s patented auto-recovery technology automatically resolves paper jams for uninterrupted service.

Distinct competitive advantages

The Cx20 stands out with its perfect blend of cutting-edge design and high-performance functionality.

Equipped with the latest Intel® processors and generous memory options, it delivers smooth operation and efficient multitasking, making it ideal for demanding retail and hospitality environments.

Cx20 features an ultra-slim triangular base for added stability and a sleek profile. With a body thickness of 4mm and a screen thickness of 8mm, it combines state-of-the-art technology.

Visit LANDI Global for more information!

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SOURCE LANDI Global