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Business Summary: Solidion Technology, Inc. is an advanced battery technology company focused on the development and commercialization of battery materials, components, cells and selected module/pack technologies. The Company is engaged in the business of manufacturing of battery materials and components, as well as development and production of batteries for energy storage systems and electric vehicles for ground, air and sea transportation. The Company has two lines of battery products: advanced anode materials, and three classes of solid-state batteries, including silicon-rich all-solid-state lithium-ion cells (Gen 1), anodeless lithium metal cells (Gen 2) and lithium-sulfur cells (Gen 3), all featuring an advanced polymer or polymer/inorganic composite-based solid electrolyte. The Company has an intellectual property portfolio, holding over 525 patents globally, with 355 in the United States and 170 in various foreign jurisdictions. This treasure trove of patents originates from HBC/G3.
Financial Summary: BRIEF: For the fiscal year ended 31 December 2024, Solidion Technology Inc revenues was not reported. Net loss increased 31% to $25.9M. Basic Earnings per Share excluding Extraordinary Items increased from -$1.82 to -$0.26.