Standard Potential Co. develops innovative sodium-ion battery technology, focusing on sustainable energy storage solutions that minimize mineral usage and optimize manufacturing processes. Founded in 2023, the company brings together experts with over 15 GWh/y of combined battery industry experience. Under the leadership of CEO Andrew Wang and CTO Richard May, along with advisors Dan Steingart, Yang Shao-Horn, and Weidong Wang, Standard Potential aims to transform the energy storage sector through its proprietary FreeFormTM deployment technology. The company’s approach addresses essential challenges in battery production while supporting the transition to renewable energy systems.
Battery Technology
Standard Potential’s sodium-ion battery technology represents a significant advancement in sustainable energy storage. The company’s innovative approach centers on using earth-abundant minerals instead of scarce resources, making their solutions more sustainable and cost-efficient. Their proprietary FreeFormTM deployment technology enables seamless integration with existing lithium-ion manufacturing infrastructure, reducing capital costs and plant footprints.
The technology excels in several areas:
- Enhanced performance metrics compared to traditional lithium-ion batteries
- Improved safety features through advanced design
- Reduced environmental impact through sustainable material selection
- Optimized manufacturing processes that lower production costs
These batteries are specifically designed for diurnal and longer-duration energy storage applications, making them ideal for grid-scale energy systems and renewable energy integration. The technology supports various industries, including energy generation, power distribution, and industrial applications.
Recent Projects
In the past year, Standard Potential has achieved several notable milestones. The company was selected as a Cohort 4 Fellow by Breakthrough Energy, enhancing its capabilities in sustainable energy storage solutions. During New York Climate Week (September 2024), they showcased their sodium-ion technologies to industry leaders. The company also presented their innovative systems at the ARPA-E Innovation Summit in May 2024, demonstrating their technical progress. Their work was featured in C&EN, highlighting their successful transition from academic research to commercial development.
Investors
Information not available.
Business Details
Location: Tarrytown, New York, USA
Website: https://standardpotential.com
LinkedIn: https://www.linkedin.com/company/standard-potential
