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Stock impact report

Solidion Technology Executes Strategic Memorandum of Understanding

Solidion Technology, Inc. (STI) 
Last solidion technology, inc. earnings: 10/17 06:00 am Check Earnings Report
Company Research Source: PR Newswire
Collaboration will Leverage Solidion's Patent Portfolio and Drive U.S. ManufacturingDALLAS, Nov. 11, 2024 /PRNewswire/ -- Solidion Technology, Inc. (NASDAQ: STI), an advanced battery technology solutions provider, today announced a strategic Memorandum of Understanding with Bluestar Materials Company of Taiwan. This agreement will leverage Solidion's patent portfolio and accelerate the commercialization of its anode technology, including its recently disclosed technology that allow lithium batteries to be charged in 5 minutes.The agreement will enable Solidion to explore and establish synergies in U.S. based manufacturing, commercialization strategies, and market opportunities related to Silicon (Si) and Silicon Oxide (SiOx) advanced battery solutions. Silicon and Silicon Oxide are now viewed as a more favored solution for battery technology over solid-state technology."This agreement positions Solidion to capture new market share in the U.S. while showcasing our Silicon-based solutio Show less Read more
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