Solid-state lithium-ion technology from University of Michigan spin-off is the draw.
Ann Marie Sastry
*UPDATE: We've put the official announcement from Sakti3 below.
It's been quite a while since we've heard anything from Sakti3, the Ann Arbor-based battery company that has been working on next-generation solid state lithium batteries for many years. Heck, even the company's website doesn't have any news that isn't a year old. Thankfully, our friend Jim Motavalli, who blogs for Car Talk, recently talked to Sakti3's Ann Marie Sastry on the eve of her company being named an affiliate of the US Department of Energy's Joint Center for Energy Storage Research (JC
Matthew Dakotah over at the Huffington Post has been writing a special "Women in Power" series that profiles leaders in energy and environmental innovation. His latest article on Ann Marie Sastry piqued our interest since she happens to be President and CEO of Sakti3. If you recall, Sakti3 is a promising next-generation lithium-ion battery developer that General Motors and Itochu invested $4.2 million in late last year.
A little over a month ago, General Motors Ventures announced its first investment: an undisclosed amount in Indiana-based plug-in hybrid van maker Bright Automotive. Today, GM Ventures revealed its second partner: Sakti3, a somewhat secretive lithium-ion battery developer based in Ann Arbor, MI. GM Ventures and Itochu Technology Ventures have invested $4.2 million into Sakti3, Inc., "to advance the firm's manufacturing capabilities," and to speed up commercialization of the battery cells, accord
Michigan is quickly becoming a center of lithium ion battery manufacturing in the United States. Funny thing is, almost none of the companies setting up factories in the state are based there. Sakti3 Inc. wants a piece of that battery pie and it was formed right here in Ann Arbor. Sakti3 is the brainchild of Professor Ann Marie Sastry of the University of Michigan. Sastry's research at the university focuses on two areas: battery materials and manufacturing processes.
Sakti3, a lithium-ion battery start-up company based in old Detroit got its start in 2007 with the help of University of Michigan professor Ann Marie Sastry. Now, we hear that the company has not only secured $15 million capital for its project, but is also doing paperwork to get an additional $15 million from the Department of Energy. Sastry is being supported by Michigan Gov. Jennifer Granholm and Sen. Carl Levin (D-MI). The aim? Manufacturing lithium-ion batteries. The company is talking abou