NENY Awards $440K to Six Companies Developing Battery and Energy Storage Technology in NY
Binghamton University, Office of Entrepreneurship and Innovation Partnerships – New Energy New York (NENY), led by Binghamton University in partnership with the New York Battery and Energy Storage Technology Consortium (NY-BEST), is proud to announce the six inaugural recipients of the NENY Technical Assistance Voucher Program. The program, launched in the fall of 2023, was designed to advance new battery technologies and expand the growing energy storage innovation ecosystem in upstate New York, by supporting startups and small companies in their technology de-risking, scaling, and manufacturing readiness efforts.
“We’re excited to support these six companies as they work towards bringing their innovative solutions to market, further establishing New York State as a leader in the energy storage industry,” said Binghamton University Director of Entrepreneurship and Innovation Partnerships Olga Petrova.
In this highly competitive round, NENY received 33 applications, with the cumulative proposed projects nearing $4 million, showcasing the vibrant innovation and demand within the state’s energy sector. After a rigorous evaluation by a 12-reviewer panel, six outstanding companies have been selected to share close to $500,000 in awards, facilitating their access to essential prototyping, testing, and certification services.
“The overwhelming response and the quality of proposals we received highlight the incredible potential and drive within New York’s energy sector,” said NY-BEST Executive Director William Acker.
Under the Voucher program, the companies can request funding to offset the costs associated with testing, prototyping, certification, and related services from qualified New-York-based providers, including at university centers and for-profit entities. Such services can traditionally be cost-prohibitive to small businesses, hindering the validation and advancement of technological innovations. This program aims to lower barriers to accessing product development services, enhance companies’ capabilities to scale up production and services, and ultimately boost competitiveness in the rapidly expanding battery technology sector.
The inaugural round Voucher awardees are:
Bettergy Corp
Peekskill, NY
This voucher program will advance the commercialization of a new cathode for rechargeable lithium-ion batteries
Bettergy
Bettergy was founded in 2008 to develop and commercialize innovative energy and environmental technologies, focusing on two key areas: advanced battery and fuel cell technologies for energy storage and nanopore engineered membranes technologies.
Read MoreCellec
Rochester, NY
This voucher program will validate a new, safer electrolyte with Cellec’s battery cells, allowing the company to elevate the commercialization readiness of their technology.
Cellec Technologies Inc.
Based in Rochester, NY, Cellec is a small business that is dedicated to advancing lithium-ion battery cell technologies for aerospace, defense, and intelligence applications.
Read MoreCharge CCCV
Binghamton, NY
The goal of the supported project is to make a sample battery that holds a longer charge period, and to setup a dedicated supply chain for subsequent battery production.
Charge CCCV
A member of the Koffman Southern Tier Incubator, Binghamton-based C4V is a lithium-ion battery technology company focusing on commercializing novel cobalt- and nickel-free electrode chemistries that reduce the environmental footprint and dependency on foreign supply chains.
Read MoreGraphenix Dev Inc.
Rochester, NY
Graphenix Development's supported project will focus on the development of the next generation of 100% silicon anodes, and is anticipated to penetrate both military and commercial EV markets.
Graphenix Development Inc.
Based in Rochester, NY, GDI aims to expedite the shift to sustainable energy through pioneering 100% silicon anodes for advanced lithium-ion batteries.
Read MoreNanoHydroChem
Buffalo, NY
Through this voucher program, NanoHydroChem will focus on advancing the company's innovative silicon-dominant anode technology, driving the next generation of energy-dense, low-cost batteries for environmental sustainability.
NanoHydroChem
Based in Buffalo, NY, NanoHydroChem pioneers advanced battery chemistry for high-performance, cost-efficient, scalable batteries. Commercializing innovative materials, the company aims to accelerate EV adoption, mitigating fossil fuel reliance.
Read MoreTYFAST
Rochester, NY
The supported project will allow for the successful scale-up of high-performance lithium-ion batteries and will set the stage for manufacturing these cells in larger quantities.
Tyfast Energy Corp
A member of the Koffman Southern Tier Incubator, Tyfast was founded in 2021 and specializes in fast-charging technologies. The company revolutionizes the accessibility and efficiency of energy storage, facilitating the transition to more sustainable energy consumption patterns.
Read MoreAs NENY looks forward to fostering more groundbreaking projects, the next round of the Technical Assistance Voucher Program is anticipated to launch in the summer of 2024, continuing to support the growth and innovation of New York’s battery and energy storage enterprises.
To learn more about the New Energy New York Technical Assistance Voucher Program and its recipients, as well as to find out how to apply for the next phase of the program, please visit the program page.
