PatIntNews

3M and Aperex Technologies form a relationship for the use of Nickel-Manganese-Cobalt (NMC) cathode material in Lithium-Ion batteries.

This strategic relationship has been created between 3M and ATL to develop new cathode, anode and electrolyte material for lithium-ion industries. Under this agreement 3M granted ATL a license to 3M IP for the use of 3M cathode materials in lithium-ion batteries.

For fiscal year 2008, the ATL agreement was responsible for the bulk of valence's $586,000 in licensing.

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