Austin, TX, February 12, 2019 --(PR.com
)-- Tydrolyte has been selected as one of the top emerging battery technologies of 2019 by the National Alliance for Advanced Transportation Batteries (NAATBatt). The novel electrolyte is a less toxic drop-in replacement for sulfuric acid in lead batteries that enables significant performance improvements. Tydrolyte LLC will be among ten featured companies to present at the Battery Innovation Summit during NAATBatt’s annual meeting and conference in Phoenix on March 14. Featured companies were identified by the battery organization as having the most promising new battery technologies available in 2019 for licensing, investment or acquisition.
Lead acid batteries are the oldest and most widely used rechargeable battery technology globally with unsurpassed advantages in cost, reliability and sustainability. Tydrolyte test results show significant improvements in critical lead battery performance metrics enabling longer operating life and improved lead battery economics for both manufacturers and users. Dr. Boris Monahov, the industry’s top lead battery technology expert and a member of Tydrolyte’s Advisory Board, has called Tydrolyte “one of the most significant technical advancements in the 150-year history of lead batteries.”
Paul Bundschuh, Tydrolyte LLC chief executive officer, said, “There is a global race to develop and commercialize new battery technologies that deliver less expensive and longer lasting batteries, and this award recognizes the role Tydrolyte can play in this effort. I’m proud of the innovation Tydrolyte is bringing to the world’s most common rechargeable battery, and our hope is to enable the market for lead batteries to remain strong for decades to come.”
Lead acid batteries continue to be the dominant global rechargeable battery technology with over 600GWh shipped annually. As a drop-in replacement for sulfuric acid, Tydrolyte can be adopted easily in existing factories without requiring new equipment or process changes. The electrolyte increases battery life, battery efficiency, and charge acceptance - all critical performance parameters needed for stop/start and mild hybrid vehicles, industrial applications, and stationary grid storage. The global lead acid battery market is expected to reach $84.46 billion by 2025, according to market research firm Grand View Research, Inc.
Tydrolyte CEO Paul Bundschuh said the company has signed testing agreements with several of the largest U.S. and international lead battery manufacturers which are evaluating Tydrolyte in their batteries.
About Tydrolyte LLC
Tydrolyte LLC has exclusive global rights and was established to commercialize the novel, patent-pending Tydrolyte™ electrolyte in lead battery and other battery applications. Tydrolyte is a novel, safe, and superior performing electrolyte solution for automotive, motive, and stationary storage lead battery manufacturers. Tydrolyte is a less hazardous, drop-in replacement for toxic sulfuric acid in lead batteries that can eliminate regulatory cost burdens. It may also improve performance by extending battery life through lower water loss and corrosion, as well as increasing efficiency and charge acceptance through lower DC charge resistance. It can be easily adopted by lead battery manufacturers without additional capital expenses or production technology. For more information or to see our results, visit www.tydrolyte.com.