Solidion Technology Jumps 58% After Unveiling Extreme-Climate Battery Tech
$Solidion Technology Inc.(STI)$ shares extended gains Friday after the company announced a patented extreme-climate battery platform designed for space operations, artificial intelligence data centers in low Earth orbit, and lunar infrastructure.
The power storage system based on graphene actively manages cell temperatures, allowing the hardware to operate between -80 and 80 degrees Celsius, the company said Thursday, when its shares closed up 357% in regular trading.
The company is also developing solid-state lithium-ion and lithium-sulfur batteries with non-flammable materials to provide higher energy-to-weight ratios for crewed spaceflights.
The battery hardware surpassed 500 charge cycles at -40 Celsius during testing to support long-term lunar surface power grids and exploration rovers, it added.
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