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Michigan-based Sakti3 readying advanced batteries for cars

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 t

Sakti3 looks for $15 million grant from Dep. of Energy

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 f