Boeing HorizonX Invests in Advanced Battery Technology Startup CubergHigh-energy battery could accelerate the electrification of transportation
CHICAGO, January 29, 2018-- Boeing [NYSE: BA] announced its investment in Berkeley, Calif.-based Cuberg, Inc., a startup founded by former Stanford University researchers developing next-generation battery technology for potential aerospace and industrial applications. Cuberg developed an advanced battery cell that is designed to be a drop-in solution to existing large-scale battery manufacturing processes. It combines a lithium metal anode, proprietary electrolyte and high-voltage cathode to achieve high energy density and thermal durability.