Innolith AG is a Swiss battery technology company developing advanced energy storage solutions. Based in Basel, Switzerland, with an Innovation Centre in Bruchsal, Germany, the company focuses on creating efficient, safe, and sustainable battery technologies. Their primary innovation, the I-STATE Power Cell, represents significant progress in battery performance and safety standards. Through continuous research and development, Innolith aims to make electric mobility accessible while reducing environmental impact and manufacturing costs.
Battery Technology
The I-STATE Power Cell technology stands out for its unique inorganic, sulfur-based electrolyte system. This non-flammable liquid electrolyte offers multiple advantages over traditional lithium-ion batteries. The system achieves an energy density of 300 Wh/kg while using 20% less cathode material per kWh than conventional batteries.
The technology demonstrates exceptional performance across extreme temperatures, functioning effectively from -40°C to +60°C. A notable achievement is the 40% reduction in heat generation during thermal runaway events, combined with the non-flammable electrolyte that prevents combustion. The I-STATE Power Cell also enables fast charging capabilities, allowing batteries to charge from 10% to 80% in 15 minutes.
Innolith’s commitment to sustainability is evident in their development of the world’s first fully recyclable electrolyte salt and solvent. The technology serves various sectors, including automotive, micro-mobility, e-trucks, industrial applications, aviation, agriculture, defense, and energy storage systems.
Recent Projects
In September 2023, Innolith introduced their I-STATE Power Cell, designed specifically for high-performance e-mobility applications. This advancement aims to enhance electric vehicle capabilities while reducing production costs. The company received recognition as one of the top 50 e-mobility leaders in September 2023, acknowledging their contributions to sustainable transportation solutions. Additionally, Innolith established a partnership with Vaeridion to advance aviation technology applications.
Investors
Innolith’s financial structure includes support from a diversified family office and various board members and management team participants. The company has secured over $120 million in capital from its shareholders. While specific investor names are not publicly disclosed, the company maintains strong private funding through strategic investors committed to advancing sustainable mobility solutions.
Business Details
Location: Basel, Switzerland
Website: https://innolith.com
LinkedIn: https://www.linkedin.com/company/innolith/
