Alpine 4 Holdings Inc has announced the formation of RCA Batteries Corporation, a joint venture between its RCA Commercial and ElecJet subsidiaries.
The company explained that RCA Batteries will reside under RCA Commercial and will operate as the manufacturer and distributor of the ElecJet family of graphene batteries. Elecjet will continue as a manufacturer of electronic components, a research and development company, and the legal entity holding the company's intellectual property, including patents and software copyrights. Samuel Gong will be the president of RCA Batteries while remaining as president of ElecJet, it added.
"RCA Batteries was envisioned long before we closed on our subsidiary RCA Commercial in early December 2021,” Alpine 4 CEO Kent B Wilson said in a statement.
“The goal was to enhance the amazing capabilities of the ElecJet family of graphene-enhanced batteries and attach it to a well-known name in the electronics industry," he added. "The merits of this joint venture are immense.”
READ: Alpine 4 acquires RCA Commercial Electronics, a continuation from the American conglomerate founded in 1919
Alpine 4 said RCA Batteries now represent four types of battery cells/products:
- The Apollo Ultra, a battery pack for everyday use, which Forbes has proclaimed as "Eye-Poppingly Fast";
- Two types of cylindrical cells; a 18650 graphene lithium battery cell and a 21700 graphene lithium battery cell, both intended for commercial customers in several sectors;
- Finally, the company plans to begin small volume production of its graphene-enhanced solid-state batteries in Q2 2022 with the goal to bring main scale production in 2023.
The company said all its cylindrical graphene-enhanced batteries cells boast charging rates of least 2C and can go as high as 8C depending on the customer's application needs. The speeds are between double and twenty times faster than the traditional lithium battery cell can charge at. Additionally, it said its graphene solid-state battery can charge at rates up to 30C. These batteries also have industry-leading discharge rates for more efficient energy usage and power distribution.
“Our graphene solid-state technology will help us improve energy density by about 10% compared to some of the most energy-dense batteries on the market, and upwards of 80%+ compared to some applications,” Gong said.
“ElecJet prides itself on not just boasting about what we can do in a lab, but what we can produce on a large commercially viable scale. We're looking forward to getting these batteries in our customer's products throughout 2022.”
Alpine 4 said RCA Batteries will soon be in the position to start producing best in class battery cells for varying applications due to the graphene-enhanced battery cells, as well as the manufacturing power of subsidiaries RCA Commercial and Quality Circuit Assembly.
“The goal is to bring full manufacturing to the United States by 4Q 2023,” Wilson concluded. “From a market perspective, our sights are set on the ESS (energy storage systems) market, including power walls, battery cells for EVs, and various other commercial applications, as well as the electrification of Vayu Aerospace's drones, including the newest fleet of drones under development.”
Alpine 4 is a Nasdaq-traded conglomerate that acquires businesses that fit into its disruptive DSF business model of drivers, stabilizers, and facilitators.
Contact the author at stephen.gunnion@proactiveinvestors.com