MPhase Smart NanoBattery Saves Itself Till First Usage
At the product showcase, mPhase displayed the concept packaging for the multiple cell battery as well as the silicon-based membrane that is the most critical element of the Smart NanoBattery. mPhase will be releasing illustrations of its prototype Smart NanoBattery packaging along with images of its membrane technology next week.
The nanobattery producer's nano-stock was trading up two ten-thousandths of a dollar ($0.0002) on high volume this morning, at just over a penny and a half. It has been as high as 14 cents in the past year.
The multiple cell silicon membrane design keeps the unit's electrolyte chemicals separated from the electrodes in each individual cell until the battery is activated for first use. In traditional batteries, the chemicals are combined as soon as the battery is manufactured.
Traditional batteries commonly encounter a condition known as leakage current or self discharge while in storage. By the time a consumer actually uses the battery for the first time, it may no longer have the full power capability that it was meant to have. The smart nanobattery was designed as a solution to this problem in critical products, or those used in emergency applications such as defense and healthcare as well as consumer applications.
mPhase Technologies, Inc. (OTCBB: XDSL), through its wholly owned subsidiary AlwaysReady, Inc., is focused on developing and commercializing a new battery technology based on a well-patented phenomenon known as electrowetting, which provides a unique way to store energy and manage power.
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