Leonid Capital Partners, a leader in non-dilutive financing for critical sectors, announced a $10 million debt investment in Ion Storage Systems, an innovator in advanced solid-state battery technologies. This funding round aims to accelerate ION’s mission to deliver a safer, more efficient energy solution through its groundbreaking solid-state battery technology.
ION is transforming energy storage with its bi-layer ceramic electrolyte, which addresses key safety and performance issues inherent to conventional lithium-ion batteries. Unlike traditional designs, ION’s technology eliminates flammability risks, reduces the need for extensive cooling systems, and provides industry-leading energy density attributes. These features make ION’s technology particularly valuable for defense, aerospace, and other high-demand applications where reliability is essential.
ION’s anode-free design enhances safety and optimizes durability. The company’s compression-free, scalable battery technology further supports cost-effective production, making it a leading candidate for industries where high-performance energy storage is critical.
Ion Storage Systems continues expanding its market reach with scalable solid-state solutions compatible with current and next-generation cathode technologies, positioning the company as an innovation leader in the evolution of sustainable energy.
KEY QUOTES:
“We are thrilled to partner with ION as they redefine the standards of energy safety and efficiency. Their innovative technology aligns with Leonid’s commitment to supporting solutions that advance sustainability, reliability, and operational excellence across critical sectors.”
– Chris Lay, Co-founder and CEO of Leonid Capital Partners
“Our partnership with Leonid Capital Partners strengthens our ability to execute our technical and commercial roadmaps and deliver ION’s technology to the market.”
– Dr. Gregory Hitz, Co-Founder & Chief Technology Officer of ION
