OXIS Energy and Multi Source Power to Develop Marine Lithium Sulfur Batteries

Proquest LLC

OXIS Energy and Multi Source Power (MSP) Technologies report that they have formed a new Partnership enabling the development of Marine Lithium Sulfur Batteries

In a release, OXIS and MSP said they will launch the new battery in the spring of 2015.

The Companies noted: One of MSP's specialities is designing and manufacturing battery packs and hybrid power and propulsion systems for the marine industry. Integrating OXIS's expertise in the development of the next generation of cell technology allows them to develop lithium sulfur rechargeable battery systems for the marine market.

This development will be part of the Ghost Power Brand. It will be a versatile battery system scalable from 20 kWh to 50 kWh upwards and will provide multiple configurable voltage outputs that will not only power electric motor boats, but can also be used to power air conditioning systems, navigation systems etc. The battery will be designed for Lloyd's Register Group approval.

Huw Hampson-Jones, CEO of OXIS said: "I'm delighted to be able to announce this partnership with MSP. MSP has a strong pedigree in electric boat building expertise coupled with in-depth battery experience. It has a quality team working to develop the ideal battery solution for the electric boat market and we are very happy that its quality and safety focused team has chosen OXIS's lithium sulfur technology. The inherent safety of OXIS's cell technology, along with its lightness provides MSP with a strong competitive advantage for Marine battery systems."

Simon Patterson, CEO MSP noted: "Lithium Sulfur technology is the ideal solution for the marine industry, combining safety and lightweight aspects. The OXIS battery technology provides the highest levels of safety our customers demand. Developing a battery system with Lloyds' approval will be extraordinary, demonstrating not only industry confidence in the product, but also reducing insurance premiums. Furthermore, lithium sulfur cells are already lighter than the lightest lithium-Ion technology and the overall weight reduction provides significant improvement to both the capacity performance and efficiency of the battery technology."