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Li-S Energy Delivers Lithium-Sulfur Battery Cells for US Army Evaluation; Shares Gain 7%

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Li-S Energy (ASX:LIS) delivered its first lithium-sulfur battery cells to the U.S. Army Combat Capabilities Development Command C5ISR Center for independent evaluation and testing, according to a Monday filing with the Australian bourse.

The delivery by air freight follows the receipt of three international air transport approvals and marks the first-ever delivery of Li-S Energy technology to a U.S. government agency, per the filing.

The company said a successful evaluation can inform the U.S. Army's procurement decisions across a wide range of programs, including unmanned aerial systems and autonomous platforms.

Li-S Energy also appointed Paladin Defence Services as its U.S. representative to advance opportunities with the U.S. Department of Defense and local defense contractors.

The company's shares rose past 7% in recent Monday trade.

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