AMTE Power accelerates towards commercialisation
Battery cell manufacturer has announced plans to move from technology research to full commercialisation of its products.
New CEO, Alan Hollis, has undertaken a strategic review of the business and set out his new vision, which includes bringing products to the marketplace.
Supply
As a result, the firm plans to have fully functional and operationally tested cells achieve certification and supply to customers by the middle of 2023. The company aims to also scale up production capabilities at its Thurso factory this year.
The products will be available for fuel cell electric vehicles as well as battery energy storage systems and other specialist markets. It also said that Dundee remained its preferred site for its new facility, with long-term objectives of a Gigafactory.
Three appointments have been made at the firm as well: Anita Breslin as Chief Finance Officer; Wes Simons as Corporate Development Director; and John Valentine as Supply Chain Director.
An ESG strategy has also been created with six pillars aligned to the goals of the UN Sustainable Development Goals. It has secured 100% renewable electricity saving 136 tonnes CO2 equivalent; been recommended for accreditation to ISO14001 at Thurso; and started to include sustainability as a key criteria within its procurement policies. It has also shipped samples to a recycling company to test and confirm recyclability of product and process wastes.
Strategic review
Alan Hollis, CEO of AMTE Power, said: “Since my arrival at AMTE Power I have been undertaking a strategic review of the people, markets, products, operational capability, functional capability and processes with a clear focus on positioning the business for success through commercialisation of its products and scaling up of the organisation to support our ambitious plans to accelerate routes to market.
“AMTE Power has rich technical capabilities and a highly differentiated product range across multiple markets. We have identified where the business needs to be positioned as a market leading cell provider for specialist applications, with planned scale up at our existing manufacturing facility in Thurso, Scotland and the UKBIC, ahead of Gigafactory scales of production in due course in our proposed new facility.
“AMTE Power is one of the few manufacturers of battery cells in the UK today and has three products in development that are close to commercialisation with samples already in the hands of customers for testing from whom we are receiving positive feedback.
“This strong foundation underpins our growth plans and, combined with the renewed vision and the team’s energy, means we look forward with confidence and focus to the year ahead.”
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