Cenate
Introducing silicon into the anode so that the energy density of a battery increases and still lasts for many years is a true scientific and industrial challenge. Cenate’s new proprietary nano-composites have characteristics that make them a perfect match for long-lasting silicon anodes with record high energy density.
Cenate has developed world leading and patent pending silicon-based materials to replace graphite in lithium-ion batteries, mainly for the rapidly growing EV battery market.
Our nano-fenced silicon composite materials significantly increase energy density and nearly eliminates the carbon emissions from production compared to conventional anode materials. With one kg of our anode materials, you can replace 5-7 kg of graphite.
Read more at www.cenate.com
We believe that advances in materials technology will be of major importance to industrial development going forward, particularly in the context of the green transition. Cenate’s silicon-based anode product could have a significant impact on the further development of battery technology – for electric vehicles, aircraft and other applications – and holds enormous potential. The company is a strong example of innovation and forward-looking industrial development in Norway.
Must AS followed Cenate for an extended period before making our investment in 2020. We currently hold an 8% ownership stake as well as a convertible loan to the company.
– Must AS