Contour Energy Systems (Caltech) Signs Exclusive Technology Licensing Agreement with MIT (10/11/2010)

Contour Energy Systems is a next-generation battery company founded out of a collaboration of Caltech and CNRS, the French National Center of Scientific Research.

Contour Energy Systems, Inc. an innovative portable power company commercializing next-generation battery systems, today announced the acquisition of a breakthrough carbon nanotube technology that can dramatically improve the power capability of lithium-ion batteries, through an exclusive technology licensing agreement with Massachusetts Institute of Technology (MIT). Early findings from researchers at MIT confirm that using carbon nanotubes for battery electrodes can produce a tenfold increase in the amount of power that can be delivered from a given weight of material when compared to a conventional lithium-ion battery, and this performance can be sustained across thousands of charge-discharge cycles. read more

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