Qualcomm Makes Strategic Investment in Amionx



Amionx, a supplier of safe battery technology, and Qualcomm Inc. announced Qualcomm’s strategic investment in Amionx. As part of its investment, Qualcomm President Derek Aberle will join the board of directors of Amionx.

Amionx has pioneered and patented a transformative technology called Safe Core that acts like a circuit-breaker to prevent lithium-ion batteries from being the source of a fire or explosion. Lithium-ion is one of the most successful battery chemistries ever introduced with billions of cells being produced every year, with estimated annual revenue at well over $35 billion. Additionally, rapid growth is forecasted in coming years as lithium-ion batteries become even more pervasive in many applications, including consumer electronics, electric vehicles and energy storage.

However, as volumes grow and companies push the boundaries of lithium-ion battery technology, there have been an increasing number of battery fires and explosions which, in some cases, have resulted in billions of dollars of damages. While manufacturers use various techniques to improve safety, these existing techniques often reduce performance and/or increase cost and do not guarantee safety from overcharge, internal short or certain high temperature environments. Amionx Safe Core can prevent batteries from becoming the source of costly damages resulting from these issues.

Amionx Safe Core is focused on safety from the core of the battery outward and works even when other safety measures fail or are not activated. Safe Core is applicable to other chemistries, as well as solid state. The implementation of Safe Core into existing battery manufacturing factories requires no additional capital cost and adds at most minimal cost to the bill of materials for the battery. Amionx is in the process of licensing its patented Safe Core technology for use in lithium-ion batteries globally.

Amionx is a spinout from American Lithium Energy (ALE). ALE was originally founded in 2006 by Dr. Jiang Fan and Dr. Robert Spotnitz who are both widely recognized as foremost experts in battery technology. ALE has been designing, manufacturing and supplying batteries to the Department of Defense for more than ten years. ALE’s batteries are designed for use in the most demanding military and commercial applications where energy, power and safety are critical.

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