Parthian Battery Solutions has been awarded a U.S. National Science Foundation (NSF) Small Business Technology Transfer (STTR) grant for $274,951 to conduct research and development on the most effective technologies to reuse retired electric vehicle batteries in second-life applications.
Over the past decade, lithium-ion batteries have seen a significant surge in demand due to the popularity of emerging technologies like electric vehicles and renewable energy. With conservative projections of lithium-ion battery deployments increasing nearly 3,000 times their current levels by 2050, it’s imperative to address the associated challenges related to their cost, supply chains and environmental impact.
This project would allow for the safe and effective reuse of these batteries, effectively doubling their life. Creating a second life for these batteries prevents the need to manufacture new ones, which in turn reduces their cost, alleviates supply chain issues and minimizes their environmental impact. Additionally, this technology enhances American independence over the lithium-ion industry.
“NSF accelerates the translation of emerging technologies into transformative new products and services,” said Erwin Gianchandani, NSF assistant director for technology, innovation and partnerships. “We take great pride in funding deep-technology startups and small businesses that will shape science and engineering results into meaningful solutions for today and tomorrow.”
“It’s Parthian’s mission to address the economic and logistical hurdles facing society’s carbon reduction goals. Being recognized by this NSF award not only validates Parthian’s efforts, it plays a significant role in positioning ourselves at the forefront of disruptive startups in the clean-tech space,” said Auggie Chico, founder and CEO of Parthian Battery Solutions and principal investigator of the research project. “We surely wouldn’t be in this position without support from local resources. We’ll be working closely with the engineering expertise at WVU on this project. Additionally, the West Virginia Small Business Development Center’s state matching incentive will inject an additional $100,000 into the project, bringing total project funding to nearly $375,000.”
All proposals submitted to the NSF SBIR/STTR program, also known as America’s Seed Fund powered by NSF, undergo a rigorous merit-based review process. Once a small business is awarded a Phase I grant, it becomes eligible to apply for Phase II funding and additional supplements totaling up to $2 million. To get started, startups or entrepreneurs submit a written.
To learn more about America’s Seed Fund powered by NSF, visit: https://seedfund.nsf.gov/
NSF has several programs that help accelerate the translation of research results to practice and provide pathways for researchers, startups and aspiring entrepreneurs to move their ideas from the laboratory to the market and society. To learn more about how NSF helps unlock future technologies for national and societal impact, visit: beta.nsf.gov/tip/latest.
America’s Seed Fund powered by NSF awards more than $200 million annually to startups and small businesses, transforming scientific discovery into products and services with commercial and societal impact. Startups working across almost all areas of science and technology can receive up to $2 million to support research and development, helping de-risk technology for commercial success.
America’s Seed Fund is congressionally mandated through the Small Business Innovation Research program. The NSF is an independent federal agency with a budget of about $9.5 billion that supports fundamental research and education across all fields of science and engineering.