Alpine 4 Holdings (ALPP) Subsidiary ElecJet Reveals its Graphene Enhanced AX and G-AX Class Solid-State Batteries

Rhea-AI Summary

Alpine 4 Holdings (ALPP) announced that its subsidiary, ElecJet, has unveiled the AX and G-AX Class solid-state batteries. The AX Class includes 31Ah and 10Ah batteries, designed for energy-dense applications, charging at rates up to 4C in just 15 minutes while retaining 80% capacity after 1,000 cycles. The G-AX Class features ultra-fast charging (up to 8C) with similar longevity. Both battery classes promise significant safety improvements over traditional lithium batteries. Production of an advanced model is set to begin later in the year.

Positive

• Introduction of advanced AX and G-AX Class solid-state batteries with high energy density (up to 360Wh/kg).
• AX Class batteries maintain 80% of their capacity over 1,000 cycles, ideal for EVs and energy storage solutions.
• G-AX Class offers ultra-fast charging (up to 8C) and safety features greatly exceeding traditional lithium batteries.

Negative

• None.

PHOENIX, Feb. 16, 2022 /PRNewswire/ -- Alpine 4 Holdings, Inc. (Nasdaq: ALPP), a leading operator and owner of small market businesses announced today that subsidiary, ElecJet, has revealed its AX and G-AX Class of solid-state batteries.  ElecJet has completed its initial demonstration product run of its AX Class 31Ah Solid State Batteries.  The company will be distributing these batteries as test samples to various corporations upon request.  

The AX Battery Class is a Ceramic Oxide solid-state battery and comes in the form of a 31Ah Solid-State Battery and a 10Ah Solid-State Battery. The AX battery was designed for ultra-energy dense applications that need a powerful battery solution but not necessarily the ultra-fast (8C+) charging that the G-AX Class Batteries can provide. Both the G-AX and AX use graphene in the battery cells but for different purposes and at different levels of the battery's design.   

The AX Battery Class is still quite fast and has operating specifications of up to 4C charging.  At a 4C rate of charge, the AX Class can charge in 15-minutes. Typical fast charging Lithium-Ion batteries charge between .5C and 1C which equates to 1 hour at 1C and 2 hours at .5C.  The AX Class can also retain 80% of its capacity for over 1,000 charging cycles. With up to an incredible 280Wh/kg energy density, the AX Class is the perfect solution for Power walls, smaller ESS solutions, golf carts, and EV vehicles. Production of an improved 360Wh/kg model (already tested in prototypes) will begin later this year, improving energy density by almost three-fold over lithium-polymer. With *1,000 charge cycles and the typical range of an electric vehicle being 300 miles, an electric vehicle powered by the AX Class of batteries would be able to drive over 300,000 miles before the battery pack would see any significant degradation to its life cycle.  *Technical specifications show 1,200 charge cycles, with 1,000 charge cycles expected in an EV application

The G-AX Class consists of a graphene enhanced 31Ah Solid-State Battery and graphene enhanced 50Ah Solid-State Battery, designed for ultra-fast (8C+) charging solutions for the EV Market that need a powerful battery solution while retaining over 80% of its capacity after 1000 charges. At  an 8C rate of charge, the G-AX Class can charge in under 8-minutes. The G-AX Battery Class can be customized up to 50C charging. Also having 360Wh/kg, the G-AX Class was designed to be incorporated into a battery stack solution perfect for EV vehicles in the transportation industry that need to charge quickly.  In line with the AX Class, an electric vehicle powered by the G-AX Class of batteries would also be able to drive over 300,000 miles before the battery pack would see any significant degradation to its life cycle.

Samuel Gong President of ElecJet commented: "What our team of engineers has achieved is a testament to the talented individuals we work with.  Unlike the competitors in the solid-state space, we are not just building prototypes, we are actually in production, and can deliver our batteries to companies seeking this solution today.  We look forward to sharing the location of our US-based production facility in the coming months."

Kent Wilson CEO of Alpine 4 had this to say: "On top of all the incredible features solid state batteries bring, one of the most unique features is safety. Typical lithium batteries will combust with the slightest puncture. Our batteries have been tested to not only not catch on fire, but to hold voltage and still operate after being punctured by a nail, cut in half with scissors and even shot at with a handgun several times. This marks an evolution in the safety of batteries for all electrical devices moving forward and dramatically reduces the hazards of operating with battery equipped devices such as cell phones, EVs, ESS systems and autonomous drones like Vayu's G1 and US-2."

About Elecjet: Elecjet specializes in developing super-fast charging, graphene battery solutions that offer convenience in the palm of your hands. For the past 11 years, our research and development team have been committed to advancing our products' charging performance and battery life.

https://elecjet.com/

About Alpine 4 Holdings:  Alpine 4 Holdings, Inc. (ALPP) is a NASDAQ traded conglomerate that acquires businesses that fit into its disruptive DSF business model of Drivers, Stabilizers, and Facilitators. At Alpine 4, we understand the nature of how technology and innovation can accentuate a business.  Our focus is on how the adaptation of new technologies, even in brick-and-mortar businesses, can drive innovation.  We also believe that our holdings should benefit synergistically from each other, have the ability to collaborate across varying industries, spawn new ideas, and create fertile ground for competitive advantages. 

Four principles at the core of our business are Synergy. Innovation. Drive. Excellence.  At Alpine 4, we believe synergistic innovation drives excellence.  By anchoring these words to our combined experience and capabilities, we can aggressively pursue opportunities within and across vertical markets.  We deliver solutions that not only drive industry standards, but also increase value for our shareholders.

Contact: Investor Relations

investorrelations@alpine4.com

www.alpine4.com

Forward-Looking Statements: Certain statements and information in this press release may constitute "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended (the "Securities Act"), Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), and the Private Securities Litigation Reform Act of 1995.  The information disclosed in this press release is made as of the date hereof and reflects Alpine 4 most current assessment of its historical financial performance. Actual financial results filed with the SEC may differ from those contained herein due to timing delays between the date of this release and confirmation of final audit results.  These forward-looking statements are not guarantees of future performance and are subject to uncertainties and other factors that could cause actual results to differ materially from those expressed in the forward-looking statements including, without limitation, the risks, uncertainties, including the uncertainties surrounding the current market volatility, and other factors the Company identifies from time to time in its filings with the SEC.  Although Alpine 4 believes that the assumptions on which these forward-looking statements are based are reasonable, any of those assumptions could prove to be inaccurate and, as a result, the forward-looking statements based on those assumptions also could be incorrect. You should not place undue reliance on these forward-looking statements.  The forward-looking statements contained in this release are made as of the date hereof, and Alpine 4 disclaims any intention or obligation to update the forward-looking statements for subsequent events.

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SOURCE Alpine 4 Holdings, Inc.

FAQ

What are the features of the AX and G-AX Class solid-state batteries from Alpine 4 Holdings (ALPP)?

The AX Class batteries offer 31Ah and 10Ah options, charge up to 4C in 15 minutes, and retain 80% capacity after 1,000 cycles. The G-AX Class supports ultra-fast charging (up to 8C) and also maintains over 80% capacity after 1,000 charges.

When will production of the improved AX batteries begin for Alpine 4 Holdings (ALPP)?

Production of an improved model of the AX batteries is expected to start later this year.

How does the safety of AX and G-AX Class batteries compare to traditional lithium batteries?

AX and G-AX Class batteries have been tested to avoid combustion upon puncture, maintaining voltage and functionality, a significant safety advantage over conventional lithium batteries.

What applications are AX and G-AX Class batteries suitable for?

These batteries are ideal for electric vehicles (EVs), energy storage systems (ESS), and other devices requiring high energy density and fast charging capabilities.