Notice of Settlement

Alti-ESS Advantage, Application kit, battery 24V, LTO battery, commercial vehicle drivetrains, lithium battery, lithium cell, lithium titanate, lithium-titanate technologies, LTO cells, LTO batteries, power generation equipment, off-highway hybrid-electric applications, nLTO technology, remote UPS, lithium titanate battery cell, nano lithium titanate, remote uninterruptible power supply, grid stabilization applications, utility-scale renewable integration, utility grid supplier, 24V 70 Ah battery module, 2.0 megawatt system, 24V lithium battery, lithium ion battery 24 volt

Altairnano is a 40 year-old company that entered into the battery industry when our material scientists identified novel ways to use nanoscale technologies to process lithium titanate oxide (LTO) materials. Our R&D work led to the commercialization of a unique, large format, nano lithium titanate (nLTO) battery cell, which had key advantages over other lithium ion battery (LiB) technologies, even those that used LTO cells and materials. We leveraged these benefits to create a portfolio of products that could be used in the electric grid, transportation, and industrial sectors.