Altris’ vision is to revolutionise battery technology through the use of low cost and readily available materials that are outstandingly safe and sustainable. Technology that combines outstanding power performance, energy-density and cycle life – all at a competitive cost.
Alrtis’ innovation is based on Fennac®, a groundbreaking cathode material. The material allows for the creation of reliable batteries from substances that are available in abundance: iron, air, seawater and wood. This means that Fennac® contains no toxic substances, no conflict metals, has no geo-political sourcing issues and is very easy to recycle.
Most battery applications demand a mix of good performance in safety, energy-density, power, life-time cost and sustainability. This is a mix of features that neither lead-acid batteries or lithium-ion batteries can deliver on. Altris’ cathode material Fennac® can deliver on all of such needs and is currently stronger than Lithium Iron Phosphate batteries on all key criteria, except cycle-life and price. Altris projects that by 2023, Fennac will outperform LFP on all criteria.