EV Engineering News

Samsung invests in graphene manufacturer XG Sciences


Samsung Ventures Investment Corporation has invested an undisclosed amount in graphene manufacturer XG Sciences, which the company will use to fund additional R&D.

Lansing, Michigan-based XG Sciences manufactures energy storage materials based on the company’s xGnP graphene nanoplatelets and XG Leaf graphene sheet products. Last April, the company launched graphene-stabilized silicon anode materials for Li-ion batteries. The new anode material uses XG’s xGnP graphene nanoplatelets to stabilize silicon particles in a nano-engineered composite structure.

“The investment from Samsung represents another milestone in our progress toward commercialization of large-scale graphene applications,” said XG Sciences CEO Philip Rose. “A number of applications for our advanced graphene and battery materials have been demonstrated in the electronics industry, and a partner like Samsung will help us move these applications to market faster than we could on our own. We look forward to formalizing our development work with Samsung SDI in a joint development program aimed at next-generation batteries for consumer electronics and other devices.”


Source: XG Sciences via  Green Car Congress
Image: AlexanderAlUS (CC BY-SA 3.0)

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