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Tesla's new three-row Model Y is available in China.

Tesla's new three-row Model Y is available in China.

The Verge3 hours ago
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ProLogium Leads the Way to Solid-State Battery Commercialization
ProLogium Leads the Way to Solid-State Battery Commercialization

Yahoo

time17 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

Here's How to Make Your Business Exit-Ready
Here's How to Make Your Business Exit-Ready

Entrepreneur

time18 minutes ago

  • Entrepreneur

Here's How to Make Your Business Exit-Ready

Buyers don't fear imperfection. They fear uncertainty. Clean businesses get offers faster and at better multiples. Opinions expressed by Entrepreneur contributors are their own. If you're building a business with the goal of eventually selling it, whether to private equity, a strategic acquirer or even a search fund, your exit won't depend just on how much money you make. It'll depend on how clean your business is. Buyers are increasingly paying a premium for operational clarity: clean financials, structured operations and a team that's ready to scale. And the absence of these things? That's the fastest way to lose millions on valuation, even if you've built a profitable business. Here's how to get exit-ready and a real example of a company that lost significant deal value simply because they weren't. Related: 7 Preparation Essentials for Selling a Business 1. Clean beats clever: What buyers really want We recently evaluated a fast-growing B2B SaaS company. On paper, it checked every box: over $1M in ARR, 70%+ profit margins, low churn, high organic traffic and an efficient two-person team. The kind of deal any buyer would get excited about. But under the hood, it was chaos. There was no standardized financial reporting. Customer retention data was inconsistent. Expenses were loosely categorized; everything from marketing performance to support SLAs lived in the founder's head. Because of that, we couldn't underwrite it as a turnkey asset. Instead of offering a premium 4x-5x multiple (typical for comparable assets), we priced it closer to 2.8x ARR, factoring in the cost and risk of operational cleanup. They lost nearly 40% of their value, not due to bad performance, but due to a lack of systems. 2. Financials: The foundation of exit-readiness The first thing any buyer asks for is your financials, and if they're not clean, expect the deal timeline to stretch or the offer to shrink. Here's what "clean" looks like: Accrual-basis accounting (not cash) Monthly P&L, balance sheet and cash flow statements are consistently reported Customer metrics like CAC, LTV, churn, ARPU, ideally broken down by cohort A 12-24 month forward-looking forecast built from bottom-up assumptions Even better? Use tools like LiveFlow or Fathom to build a dashboard that auto-updates with your financial and operational KPIs. This isn't about impressing a buyer; it's about building confidence and showing you run your business like an investor would. 3. Operational hygiene: Scale without the founder The most valuable businesses are the ones that don't depend on the founder to function. When we looked at that earlier SaaS deal, we saw that every customer ticket, every marketing campaign and every pricing decision flowed through the founder. No SOPs. No documented workflows. No delegation framework. That meant the acquirer would need to rebuild the operating system from scratch, which directly impacted valuation. Want to fix that? Start using tools like Notion or Process Street to create SOPs, checklists and role-based documentation. Make sure team members own specific KPIs. And start building workflows that can run without you. Related: I Specialize in Exit Planning — You Need to Make These 5 Moves Before Selling Your Business 4. Build the team that buyers can plug into Even if your team is lean, buyers want to see a structure they can build on, not a tangle of freelancers or founder-only dependencies. Ask yourself: Do I have a clear org chart (even if it's lean)? Are roles and KPIs defined in writing? Do I know which roles a buyer would need to hire post-acquisition? For example, the company we reviewed had zero customer success coverage and no growth team. That meant we needed to staff key roles immediately post-close, which translated into more risk, more effort and a lower purchase price. If you're bootstrapped and wearing multiple hats, that's fine — just be honest about it. But make sure you have a blueprint for what the company will need to scale, and price that into your operating model. 5. Forecast, don't guess: The value of a real plan Exit-ready businesses don't just report the past; they can confidently project the future. A buyer needs to know how your business will perform 12-24 months from now. That means your forecast should be tied to real input traffic growth, customer acquisition costs, churn rates and expansion revenue. And it needs to be regularly updated. Not sure where to start? You can build a simple model in Google Sheets or use tools like Brixx or Finmark for SaaS-friendly forecasting. Forecasts help buyers understand the upside and justify a higher valuation. 6. Due diligence as a mirror, not a test Most founders treat due diligence like a test, a final hoop to jump through before a deal closes. But the savviest founders treat it as a mirror: a way to see how investable their company truly is. The business we referenced earlier had never run a data room before. Their answers were delayed, documents were unstructured, and there was no central place to review customer contracts, churn data or financial history. 7. Build to sell, even if you never do You might never sell your company. But if you build it like you will, you'll run it better, and if an unexpected opportunity comes your way, you'll be ready. Here's the mental shift: Start acting like a capital allocator, not just an operator. Document your processes as if you'll hand them off. Track metrics like a CFO, not just a founder. If you do that, even unsolicited offers will come in stronger because your business won't just look good; it will be built right. Related: The 5 Biggest Business Sale Mistakes... Buyers reward clarity Most business owners wait too long to clean up their financials or structure their operations. By the time they think about selling, they've already lost leverage. Don't let that be you. Build discipline early. Track what matters. Document everything. And design your business to scale without you at the center. Because when it comes time to sell, buyers won't just look at your revenue. They'll look at your systems.

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