COnovate Inc, - formerly dba SafeLi LLC, - is commercializing a new material developed by the firm's two co-founders. An anode material for lithium-ion batteries, the patented material is designed to enable safer performance, faster charging (6x) and high capacity (2x). Also suggested as working well with incumbent materials -- graphite and graphite:silicon -- and battery designs enabling seamless adoption. Initially produced at milligram levels in 2017 when firm was founded, COnovate has developed a scalable, cost-effective production recipe for the material and suffest that shortly they will have the capability to deliver 10 kgs to partners for validation testing. As a university-incubated startup, with co-founders who are also co-inventors of the foundational patent, COnovate has secured an exclusive royalty-bearing, worldwide license to develop and commercialize product(s) covered by the licensed patent in all fields of use, with initial focus on Lithium Ion Batteries. These materials are based on abundant, non-toxic starting materials that offer low-cost, safer and higher capacity alternatives to graphite-only anode batteries. Batteries with the patented materials are als onoted to have demonstrated higher capacity and faster charge rates than graphite.
