Today, Group14 Technologies has been selected as an honoree in Fast Company’s 2022 Next Big Things in Tech Awards. The awards recognize the technology breakthroughs that will help define the future of the industries they serve and will have a positive impact for consumers, businesses, or society at large in the next five years.
Highlighting innovations that are focused on lessening humanity’s impact on the planet, Fast Company has awarded an honorable mention to Group14’s flagship silicon battery technology SCC55™ in the Energy and Sustainability category. The award is the latest in a string of recent successes for the team – from a $100 million award from the U.S. Department of Energy (DOE) in October to an inclusion in TIME’s 2022 Best Inventions last week.
To support the electrification of everything, energy storage solutions must offer higher energy density and easily scale up to meet the soaring demand from the EV sector. SCC55™ delivers a step change in performance, range, fast charging, safety, and more, enabling OEMs to make the switch from lithium-ion to higher-performing silicon batteries overnight. Through our established modular manufacturing approach since day one, Group14 has been uniquely positioned to deliver commercial quantities of SCC55™ to automotive OEMs looking for a path to decarbonization. Today, Group14 is already shipping SCC55™ manufactured at our Battery Active Materials factory (BAM-1) here in Washington state, and will continue to scale from here on out, with our second U.S. factory (BAM-2) expected to come online in 2023.
“We are committed to leading the charge to democratize access and accelerate the pathway for EVs to reach cost-parity with internal combustion engines in the near future,” said Rick Luebbe, CEO & co-founder of Group14 Technologies. “It is a tremendous honor to be recognized for the efforts our team has put into perfecting our silicon battery technology and to be named among other climate tech breakthroughs by Fast Company this year.”
Fast Company’s second annual list recognized 83 technology breakthroughs, as well as 41 honorable mentions, highlighted for their cutting-edge advancements and potential to impact consumers, businesses and society overall. See the final list of Fast Company’s 2022 Next Big Thing In Tech Awards here.