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Sion Power Corp announced it raised $20 Million in an amended filing from an offering of $45 Million

Nov 24, 2021over 3 years ago

Amount Raised

$20 Million

TucsonRenewable Energy

Company Information

Company

Sion Power Corp

Location

2900 EAST ELVIRA ROAD

Tucson, Arizona, United States

About

Sion Power is moving the rechargeable battery industry forward with its Licerion® technology. Licerion® is an advanced approach to lithium-metal batteries containing twice the energy in the same size and weight battery, compared to a traditional lithium-ion battery. At up to 500 Wh/kg, Licerion® batteries are produced at scale in large-format cells. As a result, Licerion® batteries have the potential to significantly enhance the performance of commercial and consumer electric vehicles.

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