Atraverda Ltd., South Wales, UK
Atraverda is an advanced materials company that owns the IP rights to a conductive ceramic material known and trademarked as Ebonex.
Atraverda will use this IP to produce bi-polar batteries that are smaller, lighter, lower cost, more reliable and easier to manufacture than current state-of-the-art lead acid batteries.
Atraverda will produce the bi-polar plates and supply them to the battery producers (the OEMs). These plates can be incorporated in the OEMs various battery configurations and will substantially reduce the cost of these batteries.
New Energy Solutions invested in the company in October 2007.