REG - Gelion PLC - Execution of Materials Testing Agreement

GelionAnnouncement

22/04/2025 10:30

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RNS Number : 6791F  Gelion PLC  22 April 2025

22 April 2025

Gelion plc
("Gelion", the "Company" or the "Group")

Execution of Materials Testing Agreement with a Tier-One Battery Manufacturer

Gelion plc (AIM: GELN), the global energy storage innovator, is pleased to
announce the execution of a Materials Testing Agreement (MTA) with a tier-one
battery manufacturer. This follows the Company's announcement on 17 April
2025, in which it confirmed that the terms of the MTA had been agreed.

This agreement marks an important milestone for the Company and highlights
industry recognition of Gelion's innovative sulfur battery technology by a
leading global manufacturer.

Under the terms of the MTA, Gelion will supply materials to the manufacturer
for independent testing and validation of performance characteristics. The
agreement includes robust provisions to protect Gelion's intellectual property
and confidentiality, ensuring the integrity of the Company's proprietary
technology.

This collaboration represents a key step in fostering mutual understanding and
technical alignment between the parties, with the objective of supporting
potential commercial collaboration in the future.

Gelion continues to focus on advancing the commercial readiness of its sulfur
battery platform and is encouraged by the growing interest from industry
leaders seeking sustainable, high-performance energy storage solutions.

John Wood, CEO of Gelion said: "This agreement is consistent with the
opportunity our world-class technology opens to work with leader from the
existing supply chain. The commencement of evaluation and testing of our
materials and technology by a Tier One cell manufacturer is a significant
progression in our commercial roadmap and reflects emerging industry
recognition of our sulfur battery platform.  We are entering this phase with
confidence, momentum, and the strategic focus to establish leadership for
Gelion in next-generation energy storage."

This announcement contains inside information for the purposes of Article 7 of
EU Regulation No. 596/2014, which forms part of United Kingdom domestic law by
virtue of the European Union (Withdrawal) Act 2018, as amended.

CONTACTS

 Gelion plc                                                                                                                                                                                              via Alma
 John Wood, CEO

Amit Gupta,
 CFO
                Prof. Thomas Maschmeyer (Founder and Director)
 Strand Hanson Limited (Nominated and Financial Adviser)                                                                                                                                                 +44 (0) 20 7409 3494

Christopher Raggett / Rob Patrick
 Oberon Capital (Broker)                                                                                                                                                                                 +44 (0) 20 3179 5300
 Nick Lovering / Mike Seabrook / Adam Pollock
 Allenby Capital Limited (Joint Broker)                                                                                                                                                                  +44 (0) 20 3328 5656

 Jos Pinnington / Guy McDougall (Sales and Corporate Broking)

 Alex Brearley / Ashur Joseph (Corporate Finance)
 Alma Strategic Communications (Financial PR)                                                                                                                                                            +44 (0) 20 3405 0205

Justine James / Hannah Campbell / Will Ellis Hancock                                                                                                                                                   gelion@almastrategic.com (mailto:gelion@almastrategic.com)

 

About Gelion

Gelion ("gel: ion") is a global energy storage innovator, supporting the
transition to a more sustainable economy by commercialising globally important
next generation battery technologies: Sulfur based, Lithium-Sulfur (LiS),
Sodium-Sulfur (NaS) and Zinc-based (Zn) hybrid cells to electrify mobile and
stationary applications. Gelion plc (the Group) is listed on the London Stock
Exchange's Alternative Investment Market and wholly owns UK based OXLiD Ltd
and Battery Minerals Ltd and Australia based Gelion Technologies Pty Ltd.
Gelion is designing and delivering innovative battery technology to enable
that transition and return value for its customers and investors.

Sulfur Batteries

Gelion's effort is directed at the potential for sulfur-based cathode active
materials (CAMs) to deliver low-cost & sustainable batteries with
compelling performance. In the case of Li-S batteries, the target is a
high-performance light-weight battery for the EV and e-aviation market. In the
case of Na-S batteries, the target is an ultra-low-cost advancement on
batteries currently employed in the stationary storage and economy EV market.
The company's overarching goal is to help make global transport, energy
consumption and storage more sustainable.

 

Glossary

 Ah                      Ampere hours. A measure of capacity stored in the cell. The larger the number
                         the higher the capacity.
 Energy density (Wh/kg)  The ratio of energy stored per unit weight i.e. Watt-hours per kilogram. The
                         higher the number the lighter the battery.
 Pouch cell              An industry standard format of a battery which comprises a flat pouch-shaped
                         design with a multi-layered laminate structure.
 Cycle life              The number of full charge and discharge cycles a battery can complete before
                         its capacity falls below a specified level, typically 80% of the original
                         capacity. Higher cycle life indicates longer-lasting performance.

 

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