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.
In today's episode for 26th January 2022 we see why Reliance paid $135 million to acquire Faradion - a UK based company that's a pioneer in Sodium Ion batteries.