London, UK - About:Energy, renowned for its cutting-edge innovations in battery development software announced on February 29 that has earned a prestigious spot among 14 companies selected by Innovate UK for participation in the Global Business Innovation Programme (GBIP) in South Korea. This initiative, aimed at fostering global business growth and promoting innovation in battery technology, underscores the government's recognition and endorsement of About:Energy's pioneering solutions.
The GBIP program facilitates collaboration with international partners for technological advancements and fosters the creation of cross-border innovation projects. In South Korea, renowned for housing three of the world's five largest electric vehicle battery manufacturers, including market giants like LG Chem and Samsung, About:Energy stands poised to leverage this ecosystem to tackle shared challenges in battery development.
Kieran O’Regan, COO and Co-Founder of About:Energy, brings valuable insights from his doctoral research at the University of Birmingham, where he delved into Korean battery technologies. He highlights South Korean expertise as pivotal to About:Energy's technological evolution, citing years of research on LG Chem cells and subsequent data open-sourcing that has reverberated across industries and academia.
The 12-month GBIP journey includes a comprehensive agenda featuring five days of immersive experiences in South Korea. Participants will engage with academic institutions and industry leaders in Seoul and Ulsan, culminating in visits to the British Embassy and participation in the Interbattery Exhibition.
About:Energy's flagship software platform, The Voltt, stands as a testament to their commitment to innovation. Offering advanced battery data and models, The Voltt expedites development processes, empowering users with access to data from leading global suppliers, notably LG Chem and Samsung.
Moreover, About:Energy has forged strategic partnerships with major European automotive clients of Samsung and LG, as well as numerous smaller companies, aiding them in overcoming challenges in battery pack design.
In parallel to the GBIP, About:Energy will partake in the UK-APAC Tech Growth Programme, extending its reach across the Asia Pacific region. This government-backed initiative, managed by Intralink, aims to de-risk and accelerate the growth of the battery sector, further solidifying About:Energy's position as a leader in advancing battery development.
Participation in these esteemed programs not only underscores About:Energy's technological prowess but also signifies governmental support for their dedication to advancing battery development solutions.