August 1, 2024

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Chelsea

MI

United States

Paraclete Energy, a leading silicon anode materials company, today announced the launch of SILO Silicon™, a revolutionary silicon anode material that will transform the Li-ion battery market, particularly the electric vehicle (EV) battery sector. This innovative technology offers unprecedented energy density and cost efficiency, enabling longer range, faster charging and more affordable electric vehicles.

SILO Silicon™ represents a significant advance in battery technology. Its unique polymer matrix architecture enables industry-leading silicon concentration, delivering up to 300% the energy density of traditional graphite anodes and outperforming competing silicon anode technologies by over 200%. This breakthrough results in significantly increased battery capacity, allowing electric vehicles to travel significantly longer distances on a single charge.

“SILO Silicon™ is a game-changer for the electric vehicle industry,” said Jeff Norris, CEO of Paraclete Energy. “This technology directly addresses the critical needs of the market, offering longer range, faster charging and lower costs – all essential factors in accelerating the adoption of electric vehicles."

Paraclete Energy specializes in developing high-performance silicon anode materials for electric vehicles and other lithium-ion battery applications. Paraclete Energy’s polymer matrix technology offers breakthrough performance and cost advantages over competing silicon anode technologies based on carbon architectures. The company is committed to providing innovative solutions that advance the transition to sustainable energy and transportation. Paraclete Energy is shipping SILO Silicon™ in the fourth quarter of 2024, years ahead of projected competitor projects.

About Paraclete Energy

Paraclete Energy is a leading silicon anode materials company serving electric vehicle and lithium-ion battery markets. Its unique SILO Silicon™ polymer matrix technology enables energy densities up to three times that of graphite and more than twice that of other silicon anode competitors. Batteries made with SILO Silicon™ are 33% less expensive per kilowatt hour than traditional carbon-based products. Paraclete Energy’s distributed manufacturing model enables production near or at customers’ production sites, further increasing efficiency and reducing costs.