Safire Group’s brand-new lab further expands its battery development abilities
KNOXVILLE, Tenn., January 24, 2023–(COMPANY WIRE)– Today, Safire Innovation Group, Inc. (Safire Group), a venture-backed company establishing and producing Lithium-ion (Li-ion) battery security technology, revealed its expansion to Knoxville, Tennessee, with the opening of a new lab at the University of Tennessee Glow Innovation Center. The laboratory will support the continued development of the business, real estate Safire Group’s research and development department and enabling the business to continue innovating its patented SAFe Impact Resistant Electrolyte (SAFIRE ™) additive for Li-ion batteries.The brand-new location is strategically selected to permit Safire Group to develop on its existing collaboration with Oak Ridge National Laboratory(ORNL). In 2022, Safire Group and ORNL revealed an exclusive licensing agreement for Safire Group to advertise the ORNL-invented SAFIRE additive. Andrew Hanna, previously of ExxonMobil Corporation, will supervise Safire Group’s Knoxville facilities as Head of Item and Brand name.”The brand-new lab, with its close distance to ORNL
and the University of Tennessee, uses a first-rate pipeline of skilled scientists and engineers,”stated John Lee, co-Founder and CEO, Safire Group.”The Knoxville location represents an attractive option to broaden our battery R&D abilities and employ highly certified skill from the neighborhood.”The Spark Development Center,&situated in the University of Tennessee Research study Park, focuses on entrepreneurship development and commercialization of local technology-based start-up companies. Invitation to rent area in the collaborative modern center is highly competitive, and Safire Group’s choice verifies the business’s development and capabilities in the battery development market.”The Spark Development Center focuses on helping our area’s most promising technology companies gain traction and grow in Tennessee,” stated University of Tennessee Research Study Park President and CEO Tom Rogers. “We are thrilled that another cleantech company has decided to call the Research Park and Knoxville house as Safire Group works to commercialize ORNL technology.” Story continues”I am delighted to welcome Safire Group to Knox County,”stated Knox County Mayor
group be a property in retaining and drawing in skill for our workforce, this statement is a tangible example of the significance of our innovation engines– in this case, ORNL and the UT Research Study Park at Cherokee Farm– dealing with the private sector to bring quality jobs and economic opportunity to the Knox County location.” “Safire Group’s transfer to the Spark Innovation Center in Knoxville is another big win for our city and this entire region,”
said Knoxville Mayor Indya Kincannon.”This cleantech company perfectly matches our efforts to make it easy, safe, and budget friendly for individuals and services to change to electric cars, making our air cleaner and our city more resistant.””The Knoxville Chamber is dedicated to supporting ingenious entrepreneurs that are developing high-wage, high-growth companies,”
said Doug Lawyer, vice president of financial advancement, Knoxville Chamber.”This announcement directly aligns with the Chamber’s efforts to shift Knoxville’s economy. Safire Group is doing a fantastic job of capitalizing on several local properties, consisting of ORNL and Glow Innovation Center. We are thrilled to see them bring in new skill from out-of-state and retaining local skill through internships.”Alongside the Knoxville Chamber and Glow Innovation Center, the ribbon cutting and accompanying press conference will be hung on Tuesday, January 24 at 2:00 p.m. Eastern at the Institute for Advanced
Products and Manufacturing. Arranged speakers consist of Mayor Glenn Jacobs, Knox County; Mayor Indya Kincannon, City of Knoxville; Tom Rogers, president and CEO, The University of Tennessee Research Study Park; Susan Hubbard, Deputy for Science and Innovation, ORNL; Doug Attorney, vice president of financial advancement, Knoxville Chamber; and John Lee, co-founder and CEO, Safire Group.About Safire: Safire Innovation Group, Inc.(Safire Group)is a venture-backed business establishing batteries that prevent fire and explosion and improve efficiency. The business’s core technology, SAFe Effect Resistant Electrolyte(SAFIRE ™ ), is the world’s very first
patented and proprietary drop-in additive for Lithium-ion (Li-ion) batteries that prevents fire and explosion through a rapid liquid-to-solid improvement upon kinetic impacts, such as electrical car or eBike crashes. The additive provides a safe, quickly integrated service for EVs and other Li-ion-powered devices, resulting in increased security and stability, higher efficiency, and projectile and ballistic defense. Safire Group has actually been granted a special license to five patents to date through its partnership with the technology’s developer, Oak Ridge National Laboratory.For more information, go to www.safire.co and follow us on LinkedIn.View source variation on businesswire.com: https://www.businesswire.com/news/home/20230123005801/en/Contacts!.?.!Elyssa [email protected] 804-338-3102