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24M Selected as 2016 IHS CERAWeek Energy Innovation Pioneer

 February 1, 2016 - 10:02 AM EST

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24M Selected as 2016 IHS CERAWeek Energy Innovation Pioneer

One Of Only Ten Companies Chosen for Its Potential to Transform
the Energy Future

24M
has been named an Energy
Innovation Pioneer
by IHS,
the leading source of insight, analytics and expertise in critical areas
that shape today’s business landscape. Selected for its innovation in
lithium-ion battery design and manufacturing, 24M will be featured at IHS
CERAWeek
taking place February 22-26 in Houston. 24M is one of just
ten companies selected as an Energy Innovation Pioneer, which recognizes
companies and entrepreneurs that are developing technologies and
business plans that are transforming the energy future.

Affordable and plentiful energy storage is key to achieving the goals of
the recent COP21 agreement and to realizing global economic growth
fueled by clean, sustainable and secure energy. 24M’s breakthrough
semisolid lithium-Ion technology is the critical accelerator, providing
the architects of our energy future with ultra-low cost, high-energy,
safe and long-life lithium-ion battery cells.

24M CEO, Throop Wilder, will share insights into the critical need for
low cost energy as part of a session entitled “New power technologies:
innovating to meet the climate change imperative” on Thursday, February
25th at 11:45 a.m. CST that will be chaired by Kristian
Bodek, Director, for North American Power at IHS Energy and Co-chair of
CERAWeek Energy Innovation Pioneers. Wilder will also share the 24M
energy storage vision as part of the conference’s Pioneer Showcase
program.

Bodek noted, “We selected 24M from a list of more than 350 potential
companies because of its innovative approach to reinventing the design
and manufacturing process behind lithium-ion battery cells, today’s
leading energy storage chemistry, coupled with the company’s proven
leadership team. We’re delighted to recognize 24M as a 2016 Energy
Innovation Pioneer and trust that CERAWeek attendees will find the
performance and cost profile of the 24M technology highly compelling.”

“This recognition from IHS and opportunity to participate in CERAWeek as
a Technology Pioneer underscores the potential of our technology and
team to help shape the new energy economy,” said Mr. Wilder. “We are
looking forward to playing an active role in IHS CERAWeek and to ongoing
collaboration with the global energy community as we transition to a
clean, sustainable and secure energy future.”

24M Co-founder and Chief Scientist, renowned MIT battery researcher Dr.
Yet-Ming Chiang, is also speaking at IHS CERAWeek as part of a panel
entitled “Frontiers of Science & Innovation: Future Technologies to Meet
the Energy & Climate Challenge.” The session is scheduled for 10:15 a.m.
CST on Friday, February 26 and features other leading MIT faculty for a
discussion of game-changing technologies and trends that have the
potential to impact energy and climate change.

ABOUT 24M
24M answers the world’s need for affordable energy
storage by enabling a new, more cost-effective solution–semisolid
lithium-ion technology. By re-inventing the design of the battery cell
as well as the manufacturing method, 24M solves the critical,
decades-old challenge associated with the world’s preferred energy
storage chemistry: reducing its high cost while bettering its
performance. Founded and led by some of the battery industry’s foremost
inventors, scientists and entrepreneurs, 24M is headquartered in
Cambridge, Mass. For more information, please visit www.24-m.com.

24M
Sarah Mees, 978-409-2519
smees@tieronepr.com

Source: Business Wire
(February 1, 2016 - 10:02 AM EST)

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