LONDON - Gelion PLC (AIM: GELN), a company specializing in energy storage innovation, has announced that it will release its full-year financial results for the period ending June 30, 2024, on December 27, 2024. The announcement will be accompanied by an investor presentation hosted by CEO John Wood and CFO Amit Gupta through the Investor Meet Company platform.
The event, scheduled for 9:00am GMT on the same day, is open to all current and prospective shareholders, who can register for the presentation online. Attendees have the opportunity to submit questions in advance until 9:00am on December 26, 2024, or during the live presentation. Those who follow Gelion on the Investor Meet Company platform will be automatically invited. A recording of the presentation will later be accessible on the Group's website.
Gelion is engaged in the development of next-generation battery technologies, including Lithium-Sulfur (Li-S) and Zinc-based hybrid cells, aiming to electrify both mobile and stationary applications. The company is listed on the London Stock Exchange (LON:LSEG)'s Alternative Investment Market and owns Gelion Technologies Pty Ltd in Australia and OXLiD Ltd in the UK.
The company's focus on Lithium-Sulfur technology is to provide a solution that offers double the energy density of standard Lithium-ion batteries, targeting the electric vehicle and e-aviation markets. Gelion's GEN 3 Lithium Sulfur cell is being developed to work with a variety of anodes, which could make a significant impact on various applications such as drones, electric vehicles, and energy storage systems.
Gelion's Zinc-based technology is being adapted as an alternative to lead-acid batteries, with the potential to maintain energy density while enhancing cost and safety. Additionally, Gelion is working on an innovative battery recycling technology that could reduce the costs of recycling plants, minimize waste and emissions, and improve the purity of recycled metals.
The company also offers bespoke Battery Energy Storage Systems (BESS) integrated with a proprietary cloud-based battery monitoring system for Australian customers, aiming to optimize performance and investment returns.
This information is based on a press release statement from Gelion PLC.
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