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Daiwa Plans $690 Million Real Estate Fund as Japan Market Booms

Daiwa Plans $690 Million Real Estate Fund as Japan Market Booms

Bloomberg24-06-2025
Daiwa Securities Group Inc. plans to launch a real estate fund with two partners, tapping investor demand for a piece of Japan's booming property market.
The Japanese brokerage will collaborate with Osaka-based developer Samty Holdings Co., and fund manager Hillhouse Investment, according to Daiwa's Masatsugu Oishi. It aims to raise ¥100 billion ($690 million) via a private fund for domestic and overseas institutions, said Oishi, who is general manager of asset management strategy.
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ProLogium Leads the Way to Solid-State Battery Commercialization
ProLogium Leads the Way to Solid-State Battery Commercialization

Yahoo

time14 minutes ago

  • Yahoo

ProLogium Leads the Way to Solid-State Battery Commercialization

TAIPEI, Taiwan, Aug. 20, 2025 (GLOBE NEWSWIRE) -- 'A battery that will not self-ignite, offers the world's highest conductivity, can be mass-produced, and is cost-competitive is no longer a castle in the air.' Against the backdrop of a global energy transition and rapidly evolving battery safety standards, solid-state battery technology has emerged as a focal point for the battery industry's future. ProLogium's recent launch of the world's first mass-producible GEN 4 solid-state lithium ceramic battery platform, marks a critical step from laboratory innovation to large-scale commercial deployment. At the heart of this breakthrough is ProLogium's proprietary SF-Ceramion Superfluidized All-Inorganic Solid-State Electrolyte, completing the final piece of the solid-state lithium ceramic battery puzzle. The innovation delivers a mass-production platform that unites scalability, manufacturability and cost competitiveness. This leap extends beyond electrolyte innovation to encompass cell architecture, manufacturing processes, and equipment systems— a holistic transformation that showcases ProLogium's integrated and systematic R&D capabilities. Leveraging years of technological expertise and a rich/deep global patent portfolio, ProLogium has established a GWh-scale demonstration plant in Taoyuan, Taiwan, with stable shipments already underway. Leveraging the expertise developed via that plant, ProLogium is moving ahead strongly towards the launch of its gigafactory in Dunkirk, France, to localize supply chains and scale up production. The GEN 4 platform achieves excellence in Safety × Performance × Cost × Mass Production, cementing ProLogium's role as a benchmark and a value-chain cornerstone for the next-generation battery industry. Founder & CEO Vincent Yang said: 'Delivery is just the beginning. We've built a replicable, scalable industrial framework for solid-state lithium batteries. The next step is to refine it and align precisely with global market needs. Together with partners, we will accelerate commercialization and advance the entire value chain to full maturity.' Architecture Definers: From Original Vision to Shared Industry PathAccording to global patent database analysis, ProLogium began securing core solid-state battery architecture patents as early as 2010. To date, it has amassed over 286 international patents spanning cell structures (including single-cell and bipolar designs), related manufacturing processes, and supporting equipment. These innovations showcase ProLogium's original technological prowess and establish a solid foundation for licensing, strategic alliances, and industry expansion. In cell architecture design, ProLogium was the first to introduce multiple breakthrough concepts that defined the 'industry-standard blueprint' for next-generation solid-state lithium batteries. In recent years, several international battery startups and automakers have unveiled stacking and packaging structures strikingly similar to ProLogium's designs—evidence that this technical approach has become/established? an industry-wide consensus and a testament to the feasibility and foresight of ProLogium's early innovations. As the saying goes, 'great minds think alike.' Today, this shared design logic is becoming the common language of the global solid-state battery sector, further cementing ProLogium's leadership in cell structure design and process Since 2010, ProLogium has been building a global patent moat around core solid-state lithium battery technologies, covering single-cell and bipolar structures, ceramic separators, and the integration of manufacturing processes and equipment. The timeline shows how ProLogium's early patent directions have now become design paths now followed by major international players, validating both foresight and mass-production Since 2017, ProLogium has expanded its patent coverage for bipolar cells (BiPolar+) and ceramic separator architectures, including structural designs, manufacturing methods, and system integration. Multiple global automakers have filed similar patents in recent years, further validating the foresight of ProLogium's design approach and its emergence as a mainstream industry direction. Facing the barriers to mass production of solid-state batteries, ProLogium has taken the lead in completing full-chain technology integration—from materials and cell architecture to processes and equipment. ProLogium has also advanced an open collaboration model, partnering with upstream and downstream partners to build a scalable and standardized industry value chain. While most companies remain cautious about the feasibility of mass production, ProLogium's forward-looking, systematic deployment has already opened an important chapter in the commercialization of the solid-state battery. From Trials to Mass Production: High Yields Prove Solid-State Battery ScalabilityWhere battery technology viability depends not only on lab results but also on stable, high-throughput, and consistent manufacturing performance, ProLogium has built a proven track record. Since building its first 0.01 GWh sample line in 2013, ProLogium has upheld the belief that 'from concept to reality—every innovation must deliver,' continuously accumulating production know-how. From sheet-based to more manufacturing-efficient roll-based cells, ProLogium has developed EV-grade solid-state batteries with all-ceramic separators, increasing capacity from 10 Ah to 170 Ah. Since 2016, these batteries have been supplied to major European and Asian automakers for testing. In 2017, the company established the world's first pilot line for roll-to-roll all-ceramic separator solid-state batteries (250–330 mm width) and between 2018 and 2019, completed the world's first on-road EV tests with WM Motor and Enovate, becoming one of the earliest in the industry to achieve mass-production-grade applications. In 2023, ProLogium completed the world's first 660 mm-wide, GWh-scale roll-to-roll solid-state battery production line—an important milestone in scalable manufacturing. By Q3 2024, the line had stably shipped over 500,000 solid-state lithium ceramic cells, proving its yield control and large-scale production stability. ProLogium also stands as the only company worldwide with both solid-state cells and modules certified for safety and electrical performance by TÜV, a leading independent testing body. The Core Behind the Production: Innovative Materials Redefine the Manufacturing Universe'Batteries are chemical engineering, not digital chips. Change the formula, and you must rebuild the entire manufacturing universe.' As Vincent Yang emphasizes, ProLogium develops materials not merely to make batteries, but to create manufacturing processes that integrate seamlessly into production lines. Since 2010, ProLogium has been securing foundational patents for single-cell and bipolar module designs, laying the groundwork for industry standardization. In 2017, the company achieved a >90% yield rate on its automated pilot line, showcasing deep expertise in system integration and process control. ProLogium's Taoyuan demonstration plant has become a focal point for site visits from policymakers and industry partners worldwide reinforcing its role as a model for global solid-state battery mass production and a catalyst for industry-wide progress. In 2024, ProLogium became the first company to publicly release a full video of a GWh-scale solid-state lithium ceramic battery production line, offering the industry an unprecedented, end-to-end manufacturing reference. The video showcases each critical stage—from target-aligned printing and wet ceramic separator coating, to frame adhesive printing, cathode-anode alignment and lamination, inlay stacking without polymer separators, and pouch packaging without liquid electrolyte filling. This open demonstration not only validates the maturity and scalability of ProLogium's technology but also provides the industry with a clear, systematic manufacturing frameworkCaption: ProLogium's self-developed GWh-scale next-generation solid-state lithium ceramic battery production line integrates high-speed roll-to-roll ceramic coating (30–50 m/min), rotary adhesive coating (15–30 m/min), high-temperature/high-pressure lamination, and the world's first modular Inlay unit design, achieving 0.1 sec/layer stacking and eliminating liquid electrolyte filling. This simplifies processes, boosts yields, and enhances safety. In 2024, revenue reached USD 5.3 million, up 134% year-on-year, validating both technical strength and global growth potential. Cost advantage: Breaking the High-Cost Myth of Solid-State BatteriesCost has long been seen as the final hurdle to large-scale commercialization of solid-state batteries. Despite their exceptional safety and electrochemical performance, all-inorganic solid-state batteries have been held back by expensive materials and complex processes, reinforcing the industry's perception that they are too costly to scale. ProLogium's GEN 4 Superfluidized All-Inorganic Solid-State Electrolyte (SF Ceramion) breaks through this barrier with multiple innovations in material design and process integration. Compared to sulfide-based solid electrolytes, SF Ceramion significantly simplifies electrode fabrication, reduces dry room requirements, and enhances overall production scalability, unlocking a clear path to cost-competitive mass production. Material costs for ProLogium's SF Ceramion are only 3–5% of those for conventional sulfide systems, with the future potential to match the cost of liquid electrolytes. This is not just a theoretical improvement, but a result validated through engineering design and verified on a demonstration production line. By combining material innovation with manufacturing-friendly processes, ProLogium has redefined the cost structure of the full production system for solid-state batteries, delivering a scalable, feasible, and economically viable commercialization pathway. This electrolyte breakthrough, together with ProLogium's decade-long progress in cell architecture and manufacturing platforms, enhances the integration, yield control, and production scalability of its GEN 4 solid-state lithium ceramic battery. It unlocks the cross-sector application potential across automotive, energy storage, defense, and aerospace applications. Leading is Not About Being Different, It's About Showing the World the Way ForwardFrom material invention and process design to patent strategy, equipment integration, mass production, and stable delivery, ProLogium has spent nearly two decades building a truly scalable battery future. Today, as more global battery makers adopt manufacturing paths and structural designs pioneered by ProLogium, this 'technological resonance' underscores the feasibility and foresight of its early innovations, solidifying its leadership in cell architecture, process integration, and equipment engineering. The manufacturing capabilities demonstrated by the GEN 4 platform not only position ProLogium for global expansion but also create tangible value to end markets. Looking ahead, ProLogium will continue to work with industry partners and policymakers worldwide to accelerate the energy transition toward a safer, more efficient, and more sustainable low-carbon future. About ProLogium TechnologyFounded in 2006, ProLogium Technology is an energy innovation company dedicated to the R&D and manufacturing of next-generation lithium ceramic batteries. Its proprietary technologies are protected by over a thousand global patents (granted and pending). After introducing the world's first next-gen battery with 100% ceramic separators in 2013, ProLogium has been at the forefront of the battery technology. In 2025, ProLogium once again leads the industry by launching the world's first Superfluidized all Inorganic Solid-State Lithium Battery. ProLogium's Gigafactory in Taoyuan, Taiwan came online in 2024 and has shipped more than 500,000 battery cells to date. This steady supply to the global market is a testimony of its technology readiness and mass production capability. In May 2024, the company inaugurated its first overseas R&D center in Paris-Saclay, France, to provide tailored technological solutions for the European market. Its first overseas Gigafactory project, located in Dunkirk, France, successfully completed both environmental and construction permitting processes by the end of 2024. Construction is scheduled to begin in 2026, with mass production of fourth-generation batteries starting in 2028, ramping up to 4 GWh capacity by 2029, and full production by 2030. Press Contacts:Sam Chang, ProLogium TechnologyTel: 03-452-1991#18802E-mail: sam@ Sara Lin, ProLogium TechnologyTel: 03-452-1991#1880 6E-mail: sara@ Photos accompanying this announcement are available at: A video accompanying this announcement is available at in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

The Trump administration confirms it's seeking a stake in Intel. Why? It depends who you ask
The Trump administration confirms it's seeking a stake in Intel. Why? It depends who you ask

CNN

time34 minutes ago

  • CNN

The Trump administration confirms it's seeking a stake in Intel. Why? It depends who you ask

Treasury Secretary Scott Bessent and Commerce Secretary Howard Lutnick confirmed on Tuesday that the US government is considering an extraordinary investment in struggling chipmaker Intel. But they gave different answers about what the Trump administration sought to do with that stake. Such a deal, if it were to happen, would mark an unusual arrangement that would see the Trump administration use taxpayer money to take a stake in a private American business. In an interview with CNBC Tuesday morning, Bessent suggested a deal like this would be about boosting an American tech company, rather than making money from Intel. When asked whether taking a stake in Intel would mean convincing US companies to purchase chips from the tech giant, Bessent said any investment in Intel would be intended to 'help stabilize the company for chip production here in the US.' 'The last thing we're going to do is put pressure, is take the stake and then try to drum up business,' he said, adding that it would be a 'conversion of the grant,' likely referencing reports from Bloomberg, The New York Times and The Wall Street Journal indicating that the administration could convert grants from the CHIPS and Science Act into an equity stake. The reports indicate that the administration is weighing a 10% stake in Intel. Bloomberg first reported the discussions last week. 'There's no talk of trying to force companies to buy from Intel,' he said, adding that reliance on Taiwan for chips, where the majority of the world's chips are made, is a 'national security concern.' 'For national security, we have to stop that single point of failure,' he said. Lutnick reiterated that stance, telling CNBC later on Tuesday morning that shifting chipmaking to the United States instead of relying on Taiwan is a priority, both for the economy and for security. But he also said Trump believes the government should get a return on its investment, rather than doling out grants to major tech companies. He said that the Biden administration, through the bipartisan CHIPS act, was 'was literally giving Intel [money] – for free.' 'Donald Trump turns that into saying, 'Hey, we want equity for the money,'' Lutnick said. 'America should get the benefit of the bargain. I mean, that is exactly Donald Trump's perspective, which is: 'Why are we giving a company worth $100 billion this kind of money?'' Intel declined to comment on reports of such a deal when approached by CNN last week, but said it 'is deeply committed to supporting President Trump's efforts to strengthen U.S. technology and manufacturing leadership.' 'We look forward to continuing our work with the Trump Administration to advance these shared priorities, but we are not going to comment on rumors or speculation,' the spokesperson said in a statement. 'Discussion about hypothetical deals should be regarded as speculation unless officially announced by the Administration,' White House spokesman Kush Desai said in a statement to CNN last week. The reports and Bessent's comments also come after chipmakers Nvidia and AMD said they would pay 15% from their chip sales in China to the government in exchange for export licenses. If the government does take a stake in Intel, it could also serve as a model for other Trump administration investments, two people familiar with the White House discussions on the matter told CNN last week. President Donald Trump met with Intel CEO Lip-Bu Tan last week after calling for the tech executive's resignation over allegations about his links to China. Intel has fallen behind in the chip race after losing to rivals like Qualcomm and Nvidia on the shift to mobile and AI. The chipmaker said last month that it had mostly completed plans to lay off 15% of its staff. Trump has pushed to revive manufacturing in the United States and cement America as a leader in the tech sector, two goals that have been a cornerstone of his presidency thus far. He's touted major investments from companies like Apple, TSMC and Nvidia to expand their US operations as political wins, although these companies have invested in broadening their US presence before his second term. CNN's Phil Mattingly and Clare Duffy contributed to this report. This story has been updated with additional information and developments.

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