Coherent Awarded Phase 3 of IARPA Resilience Program for High-Energy Rechargeable Lithium-Sulfur Batteries
Coherent Corp. (NYSE: COHR) has been selected for Phase 3 of the IARPA RESILIENCE program, focusing on developing high-energy rechargeable lithium-sulfur (Li-S) batteries. This follows their successful completion of Phase 2 in June 2024. The program aims to create reliable power sources for extreme environments and secure domestic supply chains for battery materials. Coherent's proprietary chalcogen immobilization technology has shown promising results, delivering exceptional energy density, fast charge/discharge capabilities, and unprecedented calendar life.
In Phase 3, Coherent will transition from R&D to producing pre-commercial, manufacturable battery samples for rigorous testing. The company's Li-S technology is built on a strong patent portfolio, enabling sulfur cathodes to operate near theoretical capacity with high cycle stability and efficiency. Coherent will execute Phase 3 under a 12-month, $2.45 million contract with IARPA.
Coherent Corp. (NYSE: COHR) è stata selezionata per la fase 3 del programma IARPA RESILIENCE, focalizzandosi sullo sviluppo di batterie ricaricabili ad alta energia a litio-zolfo (Li-S). Questo avviene dopo il completamento con successo della fase 2 nel giugno 2024. L'obiettivo del programma è creare fonti di energia affidabili per ambienti estremi e garantire catene di approvvigionamento nazionali sicure per i materiali delle batterie. La tecnologia proprietaria di immobilizzazione dei calcogeni di Coherent ha mostrato risultati promettenti, offrendo un'eccezionale densità energetica, rapide capacità di carica/scarica e una vita utile senza precedenti.
Nella fase 3, Coherent passerà dalla ricerca e sviluppo alla produzione di campioni di batterie pre-commerciali e fabbricabili per test rigorosi. La tecnologia Li-S dell'azienda si basa su un solido portafoglio di brevetti, che consente ai catodi di zolfo di operare vicino alla capacità teorica con elevata stabilità e efficienza ciclica. Coherent eseguirà la fase 3 sotto un contratto di 12 mesi dal valore di 2,45 milioni di dollari con IARPA.
Coherent Corp. (NYSE: COHR) ha sido seleccionada para la fase 3 del programa IARPA RESILIENCE, centrado en el desarrollo de baterías recargables de litio-azufre (Li-S) de alta energía. Esto sigue a su exitosa finalización de la fase 2 en junio de 2024. El programa tiene como objetivo crear fuentes de energía confiables para entornos extremos y asegurar cadenas de suministro nacionales seguras para materiales de baterías. La tecnología propietaria de inmovilización de calcojenos de Coherent ha mostrado resultados prometedores, ofreciendo una excepcional densidad de energía, rápidas capacidades de carga/descarga y una vida útil sin precedentes.
En la fase 3, Coherent hará la transición de I+D a la producción de muestras de baterías precomerciales y fabricables para pruebas rigurosas. La tecnología Li-S de la empresa se basa en un sólido portafolio de patentes, lo que permite que los cátodos de azufre operen cerca de la capacidad teórica con alta estabilidad cíclica y eficiencia. Coherent llevará a cabo la fase 3 bajo un contrato de 12 meses por 2,45 millones de dólares con IARPA.
Coherent Corp. (NYSE: COHR)는 IARPA RESILIENCE 프로그램의 3단계에 선정되어 고에너지 재충전형 리튬-황 (Li-S) 배터리 개발에 집중하고 있습니다. 이는 2024년 6월에 2단계를 성공적으로 완료한 데 따른 것입니다. 이 프로그램은 극한 환경을 위한 신뢰할 수 있는 전력원을 생성하고 배터리 소재에 대한 국내 공급망을 안전하게 확보하는 것을 목표로 하고 있습니다. Coherent의 독점적인 칼코젠 고정화 기술은 우수한 에너지 밀도, 빠른 충전/방전 능력 및 전례 없는 사용 수명을 제공하며 유망한 결과를 보여주고 있습니다.
3단계에서는 Coherent가 연구 개발(R&D)에서 철저한 테스트를 위한 상용화 가능한 배터리 샘플 생산으로 전환합니다. 이 회사의 Li-S 기술은 강력한 특허 포트폴리오를 기반으로 하여, 황 양극이 이론적인 용량에 가까운 높은 사이클 안정성과 효율로 작동할 수 있게 합니다. Coherent는 IARPA와의 12개월, 245만 달러 계약에 따라 3단계를 실행할 것입니다.
Coherent Corp. (NYSE: COHR) a été sélectionnée pour la phase 3 du programme IARPA RESILIENCE, qui se concentre sur le développement de batteries lithium-soufre (Li-S) rechargeables à haute énergie. Cela fait suite à l'achèvement réussi de la phase 2 en juin 2024. Le programme vise à créer des sources d'énergie fiables pour des environnements extrêmes et à sécuriser les chaînes d'approvisionnement nationales pour les matériaux de batterie. La technologie propriétaire d'immobilisation des chalcogènes de Coherent a montré des résultats prometteurs, offrant une densité énergétique exceptionnelle, des capacités de charge/décharge rapides et une durée de vie sans précédent.
En phase 3, Coherent passera de la R&D à la production d'échantillons de batteries pré-commerciales et fabriquables pour des tests rigoureux. La technologie Li-S de l'entreprise repose sur un solide portefeuille de brevets, permettant aux cathodes de soufre de fonctionner près de la capacité théorique avec une grande stabilité et efficacité. Coherent exécutera la phase 3 sous un contrat de 12 mois d'une valeur de 2,45 millions de dollars avec IARPA.
Coherent Corp. (NYSE: COHR) wurde für Phase 3 des IARPA RESILIENCE-Programms ausgewählt, das sich auf die Entwicklung von hochenergetischen wiederaufladbaren Lithium-Schwefel (Li-S)-Batterien konzentriert. Dies folgt auf den erfolgreichen Abschluss von Phase 2 im Juni 2024. Das Programm zielt darauf ab, zuverlässige Energiequellen für extreme Umgebungen zu schaffen und sichere nationale Lieferketten für Batteriematerialien zu gewährleisten. Die proprietäre Chalcogen-Immobilisierungstechnologie von Coherent hat vielversprechende Ergebnisse gezeigt und bietet außergewöhnliche Energiedichte, schnelle Lade-/Entladefähigkeiten und eine beispiellose Lebensdauer.
In Phase 3 wird Coherent von Forschung und Entwicklung zur Produktion von vorkommerziellen, herstellbaren Batterieproben für strenge Tests übergehen. Die Li-S-Technologie des Unternehmens basiert auf einem soliden Patentportfolio, das es ermöglicht, dass Schwefelkatoden nahe an der theoretischen Kapazität mit hoher Zyklusstabilität und Effizienz betrieben werden. Coherent wird Phase 3 unter einem 12-monatigen Vertrag über 2,45 Millionen Dollar mit IARPA durchführen.
- Selected as one of only two companies for Phase 3 of IARPA RESILIENCE program
- Successfully completed Phase 2 in June 2024
- Developed patented immobilized chalcogen cathodes technology
- Achieved exceptional results in coin cells and scaled up to large-format pouch formats
- Li-S technology delivers high energy density, fast charge/discharge, and long calendar life
- Strong patent portfolio in chalcogen immobilization, advanced electrolytes, and cathode manufacturing
- Awarded $2.45 million contract for Phase 3 execution
- None.
Insights
Coherent's advancement to Phase 3 of IARPA's RESILIENCE program is a significant milestone in lithium-sulfur (Li-S) battery development. Their proprietary chalcogen immobilization technology addresses key challenges that have historically Li-S batteries' commercial viability. The potential 2x increase in energy density and 10x improvement in calendar life over current lithium-ion batteries could be game-changing for various industries.
The ability to customize cathode performance by adjusting sulfur and selenium content is particularly noteworthy, offering flexibility for different applications. However, investors should note that while promising, the technology is still in the pre-commercial stage. The $2.45 million contract for Phase 3 indicates continued government support but also suggests significant work remains before potential commercialization.
Coherent's progress in Li-S battery technology positions them well in the rapidly growing advanced battery market. With increasing demand for high-performance batteries in sectors like electric vehicles, aerospace and defense, the potential market is substantial. The focus on secure, domestic supply chains aligns with current geopolitical trends and could provide a competitive advantage.
However, investors should consider the competitive landscape. As one of only two companies advancing to Phase 3, Coherent has a strong position, but established battery manufacturers are also investing heavily in next-generation technologies. The 12-month timeline for Phase 3 suggests that significant revenue impact, if any, would be medium to long-term. The company's diverse portfolio across multiple tech sectors provides some risk mitigation as this promising but still speculative technology develops.
PITTSBURGH, Sept. 12, 2024 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR), a leading provider of advanced engineered materials, announced its selection for Phase 3 of the Intelligence Advanced Research Projects Activity (IARPA) RESILIENCE program. The project focuses on the development of high-energy rechargeable lithium-sulfur (Li-S) batteries. This achievement follows the company's successful completion of Phase 2 in June 2024. Coherent is one of only two companies advancing to this critical phase.
The Robust Energy Sources for Intelligence Logistics In Extreme, Novel, and Challenging Environments (RESILIENCE) program seeks to develop reliable power sources for applications in extreme and challenging environments while ensuring secure, domestic supply chains for battery material. The program is designed to increase cell energy density by up to 2x and calendar life by up to 10x beyond the performance of current commercial lithium-ion batteries.
In Phase 1 of the program, Coherent demonstrated its patented immobilized chalcogen cathodes in coin cells, achieving exceptional results. In Phase 2, Coherent successfully scaled-up the technology to large-format pouch formats. Phase 3 will focus on transitioning from research and development to the production of pre-commercial, manufacturable battery samples for rigorous testing and validation.
“The proprietary Coherent chalcogen immobilization technology is unlocking the long-sought potential of sulfur as a low-cost, high-energy cathode material,” said Rob Murano, Senior Director, Product Development and Commercialization. “Our Li-S technology delivers exceptional energy density, fast charge/discharge capabilities, and unprecedented calendar life, paving the way for a stable and secure battery material supply chain. This achievement is the culmination of over a decade of dedicated research and development, positioning us to meet the demands of emerging applications across multiple sectors.”
Coherent Li-S batteries are built on a strong portfolio of patents, including innovations in chalcogen immobilization, advanced electrolytes, and cathode manufacturing. These innovations enable sulfur cathodes to operate near theoretical capacity with high cycle stability and efficiency across a broad temperature range. Additionally, Coherent technology allows for customization of cathode performance by adjusting the sulfur and selenium content—maximizing energy storage with higher sulfur content or enhancing power delivery and reducing charging time with increased selenium content.
Coherent will execute Phase 3 of the RESILIENCE program under a 12-month,
About Coherent
Coherent empowers market innovators to define the future through breakthrough technologies, from materials to systems. We deliver innovations that resonate with our customers in diversified applications for the industrial, communications, electronics, and instrumentation markets. Headquartered in Saxonburg, Pennsylvania, Coherent has research and development, manufacturing, sales, service, and distribution facilities worldwide. For more information, please visit us at coherent.com.
Media Contact
Amy Wilson
Manager, Corporate Communications & Investor Relations
corporate.communications@coherent.com
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/460203df-6b2d-45fb-825b-9e2f94804a4b
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