Modern society was built on batteries
Innovations in batteries have been the bedrock for major technological advancements that changed the way we live, from the first car, to portable devices, to satellites and space exploration. This will continue to be true with mass-market electric vehicles and renewable energy generation.
Demand for batteries is growing fast
Global battery production is projected to increase ~6% CAGR between 2015-2025, to over 840 GWh annually (enough to power ~120 Billion iPhone 8's per year), mostly coming from electrified transportation and residential/grid storage. (Sources: Avicenne, BNEF)
To date, the focus has been on factories and new materials: billions of dollars are being invested in expanding battery production to meet this demand, and in inventing new materials that promise higher energy, faster charging, longer lifetime, and lower costs.
But this isn’t enough. A big hurdle that must be overcome is consistent construction quality, as small differences in manufacturing have an outsized impact on battery performance and safety. This is even more crucial as batteries get larger and more powerful.
Standard intelligence is not enough
Imagine you're at the doctor and all they do is take your blood pressure, pulse, and temperature. This is important information to gather, but is surface deep; it is not enough information to properly care for patients.
This is effectively how batteries are inspected at scale. The standard approach relies on electrical tests, which are not very sensitive to small internal differences. This makes it difficult to predict how much charge a battery can hold (especially as it gets older) and which batteries will fail fastest.
To prevent bad outcomes, the current solution is to build in extra battery capacity, limit the amount of energy users can access, and slow down device performance. These are very effective safeguards, but they limit the impact of new battery innovations.
Our solution: Ultrasound for Batteries
Our EchoStat platform uses ultrasound and data analytics to unlock the full potential of batteries.
By providing a completely new type of information, our solution enables more reliable predictions of performance, smarter decisions in production and during use, and reduced need for all the limitations currently in place.
We aim to empower customers - across the value chain and in multiple markets - with a deeper level of intelligence, which they can leverage to dramatically build better products.
In order for batteries to safely and reliably power our futures, we need major innovations in the way batteries are understood at scale. This is what drives us every day, as we change how batteries are made, used, and managed everywhere.