The Central New York Business Journal published a story to announce that Oneonta-based Custom Electronics, Inc., working with the Center of Excellence in Materials Informatics (CMI) and the Materials Design and Innovation Department at the University at Buffalo (UB), is a $50,000 winner of FuzeHub's New York State Advanced Materials Innovation Center.
The company will use the award from the Jeff Lawrence Innovation Fund to continue its work with UB to take a novel lithium-ion battery anode material and scale it for production.
In the story, Christopher Janson, senior business development manager at CMI, shares that the new technology improves the anode part of a battery and is made of hybrid composite materials that are high-capacity and more environmentally friendly.
As CNYBJ reports, the CMI has been developing the new material for three years and is ready to scale the project for eventual manufacture. That's where Custom Electronics comes into play, with the ultimate goal that a New York company will manufacture the anode and help grow the state's green economy.
Read the full story here.