Oxy-Zn
Research - Waterloo, Ontario, Canada
Oxy-Zn Employees
Oxy-Zn Details
A revolutionary battery for a cleaner, greener, more sustainable world.∙ Low cost - 1/5th the cost of lithium-ion∙ High capacity - twice the energy density lithium-ion∙ Long life - tested to >3200 cycles (10 years daily use)∙ Safe & green - free of toxic chemicals, clean manufacturing process & easily recyclableOxy-Zn's technology is a result of Prof. Zhongwei Chen's research at the Applied Nanomaterials & Clean Energy Lab at the University of Waterloo. At the heart our technological breakthrough is our patented core corona bi-functional catalyst which enables the low cost zinc-air chemistry to be leveraged through fast charging and discharging.Our R&D team has successfully developed a prototype electric bike battery resulting in 90% weight reduction and 75% volume reduction compared to the existing lead-acid battery.Energy storage will grow to be a $250B market over the next few years and we are confident our technology is a prime candidate to become market leader. Additionally we have identified early revenue opportunities through component sales and IP licensing.To date we have received $400K+ in non-dilutive government grants, and we are looking to raise our seed round of financing to cover the next stage of market validation.For investor inquiries please contact: saleem@oxy-zn.com
