Eos develops novel, low-cost energy storage solutions for transportation
and other industries. Eos’ proprietary energy storage can be used in electric vehicles (EV) to:
Eos Aurora 17 | 100Based on Eos’ breakthrough long-life rechargeable zinc-air battery, the Eos Aurora 17 | 100 can be used in EV platforms for range, combined with Eos’ advanced lead acid battery for power.
- Proprietary technology: first ever long-life rechargeable zinc-air battery
- 17kW, 100 kWh rechargeable zinc-air battery, sized for electric vehicle market
- Low cost:
- Response time: Immediate
- Non-toxic, non-flammable electrolyte and materials
- Based on robust, well developed technology: disposable zinc-air batteries, widely used today (e.g. in hearing aids)
- High energy density: In the same way that gasoline uses oxygen to burn, the Aurora uses oxygen from ambient air as a cathode reactant, allowing the battery to “breathe” and saving space and cost
- Safe, low cost, locally sourced, readily available materials
- Status: Currently scaling up battery prototypes (17kW units) for initial manufacturing in 2012 and delivery of MW scale systems for grid-storage to customers in 2013. This product will be the point of departure for the automotive implementation.
Eos Vista Zinc-Air Flow BatteryEos is also developing a zinc-air flow battery, designed to provide flexible vehicle range and enable immediate refueling in addition to standard recharging.
Growing MarketLCM Research estimates that the market for electric vehicle batteries will grow to $16B by 2016 and $33B by 2025… without any consideration for the elasticity of the market should costs come down to the level Eos can achieve.i
Opportunities for PartnershipEos is pursuing strategic partnerships with companies in the automotive industry to jointly develop solutions for electric vehicle applications using Eos’ proprietary battery technologies.
Strong IP ProtectionMultiple patents issued and pending with over 100 claims covering:
i Shrestha, Sanjay, Martin, Sarah and Zhang, Jenny (Lazard Capital Markets), “Alternative Energy & Infrastructure”, March 5, 2010, pg. 29