financetom
Business
financetom
/
Business
/
Solidion Develops Fast-Charging Lithium Battery; Shares Soar
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Solidion Develops Fast-Charging Lithium Battery; Shares Soar
Oct 30, 2024 10:43 PM

10:35 AM EDT, 10/30/2024 (MT Newswires) -- Solidion Technology ( STI ) said Wednesday its battery scientists have developed a lithium battery that can be charged in five minutes with a US patent on a graphene-enabled battery fast-charging and cooling system.

Solidion ( STI ) said it aims to fully commercialize the technology in two to three years.

The shares soared more than 41% in recent trading.

Price: 0.56, Change: +0.16, Percent Change: +41.41

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Jefferies Financial's Fiscal Q2 Expected to Be 'Strong,' Oppenheimer Says
Jefferies Financial's Fiscal Q2 Expected to Be 'Strong,' Oppenheimer Says
Jun 12, 2026
11:22 AM EDT, 06/12/2026 (MT Newswires) -- Jefferies Financial ( JEF ) is expected to report a strong fiscal Q2 amid favorable investment banking trends, Oppenheimer said in a Friday note. Activity across key investment banking markets strengthened during Jefferies' fiscal reporting period, according to the brokerage. Investment-grade bond issuance rose 49% year over year, while high-yield issuance increased 48%....
Medtronic Completes Acquisition of Scientia Vascular
Medtronic Completes Acquisition of Scientia Vascular
Jun 12, 2026
11:23 AM EDT, 06/12/2026 (MT Newswires) -- Medtronic ( MDT ) has completed its acquisition of privately held medical device company Scientia Vascular in a $550 million deal, plus potential milestone payments, the company said Friday. The deal strengthens its neurovascular business by integrating Scientia's guidewires and catheters with its existing portfolio to support the full procedural workflow, the company...
Market Chatter: Shell Plans Sale of Offshore Wind Farms
Market Chatter: Shell Plans Sale of Offshore Wind Farms
Jun 12, 2026
11:26 AM EDT, 06/12/2026 (MT Newswires) -- Shell (SHEL) is planning to begin the sale of its offshore wind farms for over $1 billion by the end of this year as the company prioritizes its fossil fuel business, Bloomberg reported Friday, citing people familiar with the matter. The company has engaged Rothschild & Co. and PJT Partners to lead the...
Silver47 Exploration Starts a 10,000-Meter Drill Program at Its Red Mountain Silver and Critical Minerals Project
Silver47 Exploration Starts a 10,000-Meter Drill Program at Its Red Mountain Silver and Critical Minerals Project
Jun 12, 2026
11:25 AM EDT, 06/12/2026 (MT Newswires) -- Silver47 Exploration's ( AAGAF ) on Friday said it launched its 2026 summer drill program at the Red Mountain silver and critical minerals in Alaska. All three drill rigs are expected to be active by the end of the month, it said. The program will focus on expanding the inferred 168.6-million silver equivalent...
Copyright 2023-2026 - www.financetom.com All Rights Reserved