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IBM Thinks Seawater Could Be The Answer For Batteries

By John F. Heerdink, Jr.

Dow 30 component International Business Machines Corporation (IBM) provides information technology (IT) products and services worldwide. IBM announced recently two significant quantum processor upgrades for its IBM Q early-access commercial systems. These upgrades represent rapid advances in quantum hardware as IBM continues to drive progress across the entire quantum computing technology stack, with a focus on systems, software, applications, and enablement.

Reportedly, IIBM claims to have created a battery design that requires no cobalt and uses material extracted from seawater, as an alternative. IBM has partnered with the research wing of Daimler AG’s Mercedes-Benz, battery electrolyte supplier Central Glass and battery manufacturer Sidus for the commercial development of the new design. The company claims its technology to outperform lithium-ion batteries in charging time, cost, and energy efficiency.

“The goal would be, within a year or so, to have the first working prototype (of the battery),” stated Jeff Welser, vice president at IBM Research.

The shortage of cobalt mainly found in the Democratic Republic of Congo due to the expansion of the electric vehicle market has been a major cause of concern for makers in lithium-ion batteries.

To learn more about International Business Machines Corp (IBM) and to track its ongoing progress please visit the Vista Partners IBM Coverage Page.

Vista Partners LLC (”Vista”) is a California Registered Investment Advisor based in San Francisco. Vista delivers timely and relevant insights via the website: www.vistapglobal.com with daily stories, weekly market updates, monthly macroeconomic newsletters, podcasts, & Vista’s proprietary equity and market research to help you stay informed and stay competitive. Vista’s mission is to invest partner capital while arming investors with a comprehensive global financial perspective across all market sectors. Vista also seeks to provide select issuers with actionable advice regarding fundamental development, corporate governance, and capital market directives.

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(Read Original Story: IBM's new battery design taps seawater as alternative mineral source in Reuters)


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