Boulder Ionics Announces Exclusive License Agreement with CSIRO for Advanced Lithium-Ion Battery Electrolytes

Collaboration with Australian National Science Agency Accelerates Commercialization of Advanced Ionic Liquid-based Electrolytes for Energy Storage Devices

ARVADA, Colo.--()--Boulder Ionics Corp., developer and producer of high-performance electrolytes and electrochemical-grade ionic liquids for advanced energy storage devices, today announced that it has signed an exclusive worldwide licensing agreement with Commonwealth Scientific and Industrial Research Organisation (CSIRO), Australia's national science agency, to develop and commercialize the use of pyrrolidinium-based ionic liquids in electrolytes for lithium-ion and advanced chemistry batteries.

Under the terms of the agreement, the Boulder Ionics research team will work with CSIRO to develop electrolyte formulations optimized for specific applications. Pyrrolidinium-based ionic liquids have been identified by researchers worldwide as among the most promising next-generation electrolytes for lithium-ion batteries. The high stability of these electrolytes enables batteries that can work at very high temperatures, high voltages and with next-generation “beyond lithium-ion” technologies like lithium-sulfur and metal-air batteries. Boulder Ionics will use its disruptive, high-throughput synthesis platform to produce high purity electrolytes in commercial volumes at competitive prices.

“CSIRO has been actively researching and developing ionic liquids for electrochemical applications, especially lithium batteries, for 10 years now. By licensing our technology portfolio and developing a strong collaboration with Boulder Ionics, we believe substantial improvements to lithium battery technology are just around the corner,” said CSIRO Research Scientist Dr. Adam Best.

“Securing this license and starting this collaboration with CSIRO will greatly accelerate our commercialization of IL-based electrolytes,” said Boulder Ionics CEO, Jerry Martin. “CSIRO has world-leading capability in ionic liquids and advanced electrolytes; teaming with them gives our firm deep technical capability to optimize these promising materials for specific energy storage applications.”

About Boulder Ionics (www.BoulderIonics.com)

Boulder Ionics Corp. is a rapidly growing producer of high-performance electrolytes and electrochemical-grade ionic liquids for demanding energy storage devices. Founded in 2011, Boulder Ionics is privately held with corporate headquarters and pilot manufacturing facilities near Boulder, Colo. Using its proprietary high-throughput synthesis platform, Boulder Ionics is the first company to manufacture ultra-high-purity ionic liquids at prices that allow for commercial adoption. The company’s advanced Iolyte® ionic liquids and electrolytes displace conventional carbonate-based solvents and lithium salts by offering increased safety and broader operating temperatures in applications including ultracapacitors, lithium-ion batteries and next-generation metal-air batteries.

About CSIRO (www.csiro.au)

CSIRO is Australia’s national science agency and has been in operation for over 85 years. CSIRO has close to 6,500 employees working out of 58 centres in Australia and internationally. Collectively, our innovation and excellence places us in the top 10 applied research agencies in the world.

Contacts

Boulder Ionics Corp.
Tim Bradow, +1-303-396-0365
tim.bradow@boulderionics.com

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Contacts

Boulder Ionics Corp.
Tim Bradow, +1-303-396-0365
tim.bradow@boulderionics.com