OXIS Energy and Hans H. Schive to Collaborate on the Development of Lithium Sulfur Batteries

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May 07, 2014, 01:00 ET

LONDON, May 7, 2014 /PRNewswire/ --

OXIS and Schive have concluded a new partnership deal that combines OXIS's expertise in the development of the next generation of cell technology with one of Schive's specialities - designing and manufacturing battery packs. Schive will develop lithium sulfur rechargeable battery systems for sub-sea, military and industrial customers using the OXIS revolutionary cell technology, renowned for its lightness and safety.

Hans H. Schive AS (PRNewsFoto/OXIS Energy Ltd_)

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Commenting on the new partnership Huw Hampson-Jones, CEO of OXIS said,

'We are delighted to be able to announce this partnership with Schive. The driving force is to provide higher levels of safety in what are often testing conditions. Lithium-Ion is known for its volatility and that poses a danger to the lives of workers in the Oil industry - a speciality of Schive. The inherent safety of OXIS's cell technology, coupled with its lightness, provides the Oil and Defence industries with greater flexibility for deployment in harsh environments.'

Erik Hagelien, VP Sales and Marketing at Hans H. Schive, also sees it as a hugely important agreement.

'Hans H. Schive's speciality is building high quality lithium battery packs that are used in the most demanding applications. We pride ourselves on being at the cutting edge of developing Lithium Sulfur Technology in a market where energy density, lightness and safety are key factors for future projects. There are many opportunities to deploy this in military communications and body-worn equipment, as well as huge potential in the oil and off-shore segment with the increase in demand for rechargeable lithium technology for AUVs, geophysical surveys, inspection tools and down-hole operations. There are also green energy applications such as wind, solar and wave energy as well as measurement in the earth's most hostile environments.

'Working closely with world class developers and manufacturers of battery technology enables us to implement and realise state of the art battery technology in our designs, a key issue for our success. We are very excited by this agreement between OXIS Energy and Hans H. Schive which will take us a stage further on our roadmap.'

About OXIS Energy Ltd

Since it was founded in 2005, OXIS Energy Ltd. has been at the forefront of developing Lithium Sulfur battery technology.

During the first phase the company invested heavily in design and development and is now ready to move into the production of Lithium Sulfur cells for a series of applications. With 18 families of patents, OXIS has been granted 56 patents with another 38 pending.

One of the most important breakthroughs achieved by OXIS relates to safety. One of the problems with Lithium-Ion is its volatility but OXIS now has demonstrable empirical data to demonstrate the safety of its battery technology.

Due to the advanced materials being used, the research being undertaken by OXIS requires significant supplier support. OXIS has setup relationships with world leading companies and universities to ensure that new materials and processes are available during development. OXIS has signed a licence agreement with GP Batteries, a major world class manufacturer of primary and rechargeable batteries and the largest consumer battery manufacturer in China. Both parties are working together to augment the commercial production of the OXIS technology for use in commercial applications.

http://www.oxisenergy.com

About Hans H. Schive

Hans H. Schive AS has a history of more than 50 years as a supplier to the Norwegian electronic marketplace and for more than 20 years the company has been recognized as a high quality battery integrator.

Norway has a highly developed offshore oil industry. Due to this, four years ago the company's strategy was altered from mainly penetrating the commercial and light industrial markets, to actively seeking more demanding and challenging applications like high/low temperature, high pressure, EX/EXE; also industrial and military applications for harsh environments. In order to be a qualified supplier, the company has had an ongoing process of improving and ensuring a very high degree of quality in design, production, safety and document handling - from the first sketches to the finished product. The company's quality and HSE-system is an important part of this.

The company's staff has in depth technical skills as well as knowledge about all national and most international regulations and legislations. An advanced vacuum moulding system has been installed this year. [Having an unparalleled full battery design and production line, the company has been rewarded with a number of substantial orders for state of the art and challenging applications.

http://www.schive.no

SOURCE OXIS Energy Ltd