Sion Power® Announces Launch of Its Groundbreaking Licerion® Rechargeable Lithium Battery

TUCSON, Ariz.–(BUSINESS WIRE)–Sion Power, a leading developer of lithium battery technology, announced
today production will begin on their patented Licerion rechargeable
lithium metal battery in late 2018 from its Tucson facility. The
Licerion rechargeable lithium metal technology will offer the unmanned
aerial vehicle (UAV) and electric vehicle (EV) markets an unparalleled
500 Wh/kg, 1,000 Wh/L, and 450 cycles when released.

“Over the last decade Sion Power, and our research partner BASF, have
strategically focused on meticulous research and development of a next
generation lithium battery,” says Tracy Kelley, Chief Executive Officer
of Sion Power. Mr. Kelley goes on to say, “The result of our team's
efforts will be seen in a safe lithium metal battery that is in a class
by itself. We are on track to deliver product to a select group of
partners by the end of 2018.”

Individual Licerion cells, with dimensions of 10 cm x 10 cm x 1 cm, have
a capacity of 20 Ah and offer the highest combination of energy density
and specific energy available. At the core of Licerion technology is a
protected metallic lithium thin film anode with multiple levels of
physical and chemical protection to enhance the safety and life of
lithium metal anodes. These anodes are paired with traditional
lithium-ion intercalation cathodes.

About Sion Power

Sion Power Corporation® is a privately held
company leading the development of high-energy rechargeable batteries
with its Licerion® rechargeable lithium metal
technology for unmanned aerial vehicles (UAV), military, portable-power,
and electric vehicle (EV) applications. Sion Power’s prestigious team of
scientists and engineers are dedicated to advancing high-energy Licerion
battery technology. The company has more than 160 issued patents,
domestic and international patents, and is headquartered in Tucson,
Arizona. Further information about Sion and its Licerion technology is
available at www.sionpower.com.

Contacts

Sion Power
Angela Kliever, 520-799-7615
Director of Marketing
[email protected]