1414 Degrees Limited has entered into a strategic agreement with Orbit Express Pty Ltd and Orbit Boy Ltd to advance its SiNTL silicon-anode battery technology for space and satellite applications. This collaboration includes a Phase 1 testing program aimed at integrating SiNTL batteries into satellite energy systems, leveraging the high energy density of SiNTL to meet the demands of low Earth orbit satellites. 1414 Degrees will invest A$500,000 in equity in Orbit Express, contingent on milestone achievements. The partnership opens new technical and commercial pathways for 1414 Degrees into the satellite, space, and defence markets, amidst a rapidly growing global space battery market.
Key Points
1414 Degrees Limited is partnering with Orbit Express Pty Ltd and Orbit Boy Ltd to test and commercialize its SiNTL silicon-anode battery technology for space applications.
The agreement includes a Phase 1 Strategic Validation and Testing Program for SiNTL enabled batteries, starting with satellite bus energy-storage modules.
1414 Degrees will subscribe for A$500,000 in equity in Orbit Express through two tranches, contingent on certain milestones.
SiNTL technology aims to increase lithium-ion battery energy density, crucial for low Earth orbit satellites due to weight and energy constraints.
Orbit Boy, based in Turin, Italy, offers responsive launch, satellite servicing, and has a space-proven rocket launch capability.
The agreement provides 1414 Degrees with a pathway into the satellite, space, and defence markets, leveraging the high energy density of SiNTL technology.
The global space battery market is forecasted to grow significantly, making SiNTL a promising candidate due to its higher energy density.
The collaboration aims to have SiNTL batteries tested in live satellite conditions, potentially opening commercial pathways across European space platforms.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.