Norwegian CENATE AS today announced the closing of a 6 MUSD financing round. The funds shall be used for scaling up its newly developed Cenate Silicon Nano Robust material, a patent pending material that makes it possible for the EV battery producers to both lower cost and increase energy storage density. The material is the result of intensive research and development over several years including extensive testing with some of the world’s leading battery producers.

Today Cenate started operation at its mini-pilot reactor in Askim. The reactor is initially split in two process chambers and shall be used to further develop Cenate’s new and proprietary silicon based anode materials for use in future lithium ion batteries. In 2021 also a third process step will be added. The mini-pilot is designed to be able to deliver material samples from a few grams and up to 2 or even 10 kg at a later stage.

The Norwegian Research Council today announced that Cenate has been awarded a 16 MNOK research grant for its 33 MNOK HAST project in 2020 and 2021. This project is a follow up of a similar two year project carried out in 2018 and 2019 delivering some highly promising results for a new nanomaterial that can prolong the durability of silicon in a battery anode.