XG Sciences has applied for funding through ARPA-E to advance its research into silicon/graphene anodes for lithium-ion batteries. Robert Privette, VP of Energy Markets at XG Sciences, called in a post on LinkedIn for everyone to vote for the XG Sciences project on the Future Energy website. Future Energy is a portal aimed at connecting energy startups with investors, academics, entrepreneurs, and strategic partners. Eight companies will have the chance to present their ideas to investors at the Future Energy pitch set to occur during the ARPA-E Summit at the end of February. Two of those eight companies will be chosen by popular voting on the Future Energy website. ARPA-E is a government agency that brings together scientists, engineers, and entrepreneurs.
XG Sciences has already received government grants for developing their graphene-based battery anodes. The technology is based in silicon coated with graphene, which has shown significant improvements in terms of energy storage capacity compared to conventional graphite electrodes. The biggest target market for the technology would be electric vehicles.
XG Sciences specializes in composite graphene materials, including their patented graphene nanoplatelets. It is one of the few graphene companies that can be invested in on the stock market, through the share holder POSCO.