Solidion Technology (STI) said Monday that it has secured seven new patents covering anode materials for high-energy and fast-charging lithium batteries.
The company said its silicon anode is designed to provide longer uptime for AI data centers, extend the range of unmanned aerial vehicles or drones, increase the operational time of a humanoid robot on a single battery charge, and extend electric vehicle driving range.
Solidion shares were up more than 12% in Monday's premarket activity.
Price: $40.23, Change: $+4.51, Percent Change: +12.63%