South 8 Secures $1.6M U.S. Army Contract for Military Battery Prototype
Deal News | Jan 08, 2025 | Anzu Partners LLC
South 8 Technologies, under the support of Anzu Partners LLC, has been awarded a $1.6 million contract by the U.S. Army Combat Capabilities Development Command (DEVCOM) to demonstrate and develop advanced lithium-ion battery packs for military applications, particularly in extreme climates. The contract is part of a broader initiative involving multiple partnerships, ensuring the batteries' capability in challenging environments such as the Arctic. The LiGas technology, developed by South 8, enhances the energy performance of lithium-ion batteries while addressing safety and operational concerns typically associated with current battery technologies. This initiative represents a significant step in meeting the unique needs of U.S. military units requiring reliable power sources in cold climates. South 8's prior collaborations under the FAStBat program, including contracts with NanoGraf and projects with Pale Blue Earth, underscore their ongoing commitment to innovating battery solutions. These projects focus on increasing energy output and ensuring domestic production capabilities to alleviate logistical burdens for soldiers.
Sectors
- Defense Technology
- Energy Storage
Geography
- United States – The article discusses contracts and developments involving the U.S. Army and U.S.-based company partnerships focusing on technological advancements.
Industry
- Defense Technology – The article is centered around the development of technology for defense applications, specifically lithium-ion battery solutions for military use in extreme climates.
- Energy Storage – South 8 Technologies is innovating in the field of energy storage solutions with their LiGas electrolyte designed for enhanced lithium-ion battery performance.
Financials
- $1.6 million – Contract amount awarded by the U.S. Army DEVCOM to South 8 for battery pack prototyping.
- $6.4 million – Previous contract under the FAStBat program for developing advanced battery solutions.
Participants
Name | Role | Type | Description |
---|---|---|---|
South 8 Technologies | Target Company | Company | A developer specializing in advanced lithium-ion battery technology using LiGas electrolyte. |
Anzu Partners LLC | PE Firm | Company | A private equity firm backing South 8 Technologies in the pursuit of innovative defense technology solutions. |
U.S. Army DEVCOM C5ISR Center | Government | Government | The U.S. Army command responsible for awarding the contract to South 8 Technologies. |
NanoGraf | Collaborator | Company | Partnered with South 8 in prior contracts to improve lithium-ion battery performance. |
Pale Blue Earth | Collaborator | Company | Collaborating with South 8 in developing sustainable rechargeable battery solutions. |