Halocarbon selected as a subcontractor for U.S. Navy lithium-ion battery project [Yahoo! Finance]
ARKEMA S/ADR (ARKAY)
NASDAQ:AMEX Investor Relations:
arkema.com/en/investor-relations
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Source: Yahoo! Finance
ATLANTA, May 21, 2024 (GLOBE NEWSWIRE) -- Halocarbon is a global leader in specialty fluorochemistry, including fluorinated additives for lithium-ion batteries and nonflammable and chemically-inert engineered fluids. Halocarbon is proud to announce that it has been selected as a subcontractor by Lithion Battery Inc. (“Lithion”) in a project awarded by the Naval Sea Systems Command, Washington, D.C. ("Navy"). The project, funded by an $8 million firm-fixed-price contract, aims to advance and improve shipboard electric power and energy systems for current and future Navy vessels. Under this contract, Halocarbon will collaborate closely with Lithion and other industry leaders, including Anovion Technologies, Orbia Fluor & Energy Materials and Arkema. This consortium of experts brings together their collective knowledge in battery technologies, materials science, and engineering to address the Navy's critical need for safe and high-power energy storage solutions. The research and dev
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News
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