Army Awards Piersica Over $1.9 Million Contract for Progress in Ultra-High Energy Density Battery Development
Piersica's Ultra-High Energy Density Battery Technology Advances with U.S. Army SBIR Phase II Contract
Piersica, Inc., a leading innovator in battery technology, has been awarded a $1.9 million Army SBIR Phase II contract to develop lightweight, high-capacity batteries with exceptional cycle life and safety for military applications [1].
The technology, which has already demonstrated potential in consumer electronics, robotics, and electric flight, is now set to power portable electronics, long-range drones, autonomous systems, electric ground vehicles, and portable energy weapon platforms [1]. This development is crucial for future battlefield effectiveness and operational endurance.
Piersica's batteries leverage proprietary materials, such as a unique polymer and a lithium-conductive fiber anode mat, to produce cells with energy densities and cycle lives that surpass current state-of-the-art solutions [1]. By doing so, Piersica's technology could significantly extend operational times and reduce logistical burdens related to power supply for soldiers and unmanned systems.
Over the next 15 months, Piersica will demonstrate the technical feasibility of an ultra-high energy density battery cell [2]. The funding for this grant project will be utilized for further developing, demonstrating, and delivering Piersica's innovative technology [3].
The Army SBIR Program awarded Phase II contracts to small businesses with innovative, mature technologies capable of gaining increased federal support [4]. This contract marks Piersica's seventh awarded SBIR grant and its second SBIR Phase II grant [5]. The collaboration will also provide Piersica with access to technical, acquisition, and operational subject matter experts within the U.S. Army [6].
Claudiu Bucur, CEO of Piersica, Inc., expressed excitement about earning Piersica's third Army SBIR Program contract in the last three years [7]. "This grant will help mature our technology for eventual use in Army acquisition programs, potentially transforming power systems for various military platforms," Bucur said [7].
The Army SBIR Program's title for this project is "Energy Demand Reduction and Clean Energy Tech" [8]. Over the last three years, Piersica has earned a total of $3.8 million in SBIR grants from the U.S. Army, the National Science Foundation, and the US Air Force/AFWERX [9].
In summary, Piersica's ultra-high energy density battery technology, supported by the U.S. Army SBIR Phase II contract, offers military applications including powering drones, autonomous vehicles, and wearable systems. The technology's ultra-high energy density, extended cycle life, and lightweight advantages enable longer missions and enhanced operational capability. The collaboration with the Army SBIR Program will advance commercialization and facilitate adoption by the Army, potentially transforming power systems for various military platforms.
[1] https://www.piersica.com/news/piersica-inc-awarded-1-9-million-army-sbir-phase-ii-contract-to-develop-ultra-high-energy-density-battery-technology [2] https://www.prnewswire.com/news-releases/piersica-to-demonstrate-technical-feasibility-of-ultra-high-energy-density-battery-cell-over-the-next-15-months-301513767.html [3] https://www.defense-update.com/20220622_piersica-inc-awarded-us-army-sbir-phase-ii-contract-to-develop-ultra-high-energy-density-battery-technology.html [4] https://www.army.mil/medalofhonor/news/2022/06/22/army-sbir-program-awards-phase-ii-contracts-to-small-businesses-with-innovative-mature-technologies-capable-of-gaining-increased-federal-support/ [5] https://www.piersica.com/news/piersica-inc-awarded-1-9-million-army-sbir-phase-ii-contract-to-develop-ultra-high-energy-density-battery-technology [6] https://www.army.mil/medalofhonor/news/2022/06/22/army-sbir-program-awards-phase-ii-contracts-to-small-businesses-with-innovative-mature-technologies-capable-of-gaining-increased-federal-support/ [7] https://www.piersica.com/news/piersica-inc-awarded-1-9-million-army-sbir-phase-ii-contract-to-develop-ultra-high-energy-density-battery-technology [8] https://www.army.mil/medalofhonor/news/2022/06/22/army-sbir-program-awards-phase-ii-contracts-to-small-businesses-with-innovative-mature-technologies-capable-of-gaining-increased-federal-support/ [9] https://www.piersica.com/news/piersica-inc-awarded-1-9-million-army-sbir-phase-ii-contract-to-develop-ultra-high-energy-density-battery-technology
- Piersica's innovative battery technology, initially developed for military applications, has shown potential in other industries such as consumer electronics, robotics, and electric flight. With further development, this technology could potentially be a valuable asset in personal-finance sectors focused on investing in cutting-edge technology.
- The success of Piersica's battery technology, as demonstrated through receipt of multiple Army SBIR grants, indicates a promising business opportunity in the field of finance, particularly for investors looking to support small businesses with compelling technological advancements.
