Revolutionizing Industries: Queens Carbon and Ion Storage Systems Advance Sustainability in Cement Production and Electric Vehicles

Climate tech companies secure $60 million in funding

Queens Carbon, a company based in the US, is working on developing a new process for cement production that significantly reduces the required temperature to under 540°C. This makes it more feasible and energy-efficient, and the company’s CEO, CTO, and co-founder Daniel Kopp highlighted the potential for utilizing renewable electricity to further reduce emissions. The company has been awarded $14.5 million to support the construction of a pilot plant in partnership with a major cement producer, with plans to scale up to a full-size plant by 2028 or 2029.

On the other hand, Ion Storage Systems, also based in the US but located in Maryland, is working on solid-state lithium-metal technology to advance battery technology for electric vehicles (EVs). This technology has the potential to increase energy density and offer longer range for EVs. Initially targeting military customers, Ion Storage Systems aims to use its $20 million funding to further develop its technology for a larger-scale production to cater to the wider EV market. CTO Greg Hitz emphasized the importance of manufacturing scalability and highlighted the simplicity of integrating their batteries into battery packs without high pressure or heat.

Both companies are addressing critical challenges in their respective industries with innovative solutions that hold promise for a more sustainable future. Queens Carbon’s new process could revolutionize cement production by making it more environmentally friendly and efficient while Ion Storage Systems’ solid-state lithium-metal batteries could significantly improve EV performance and range.

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