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Reliance just paid $135 million for Sodium-Ion Battery Tech. What?

Finshots Daily

Sodium Iron Batteries Could Be the Future of Battery Technology

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Sodium n is at the cusp of a commercial break through. The company holds 21 patent families on sell materials, sell infra structure and safety and transportation. For a company that employs just 16 full time people, one 35 million dollars is a gargantuan sum. Reliance Will also invest an additional 35 million dollars to accelerate the commercialization of its products.

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