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| Type | Public |
|---|---|
| Founded | 1989 |
| Headquarters | Austin, Texas, US |
| Key people | Robert Kanode, CEO & President |
| Industry | Batteries |
| Products | Large format Lithium Phosphate Rechargeable Batteries Battery Management Systems |
| Website | www.valence.com |
Valence Technology, Inc. sells various types of phosphate-based lithium-ion rechargeable batteries, including N-Charge and U-Charge, and has recently introduced a new type called Epoch. [1] The Epoch power system is Valence’s third generation of lithium-ion battery, making its debut at the EVS-23 show in Anaheim in December 2007. [2] These batteries are intended to replace lead acid batteries.
They have many uses including in electric vehicles (EVs) and plug-in hybrid electric vehicles (PHEVs), wheelchairs, robotics, at sea, remote power, military, uninterruptible power supply (UPS), and various other devices; and some portable electronic devices, such as a notebook computer, cell phone, and personal digital assistants (PDAs).
Founded in 1989 as a research and development company by Lev Dawson [3] Valence has its headquarters in Austin, Texas, and facilities in Las Vegas, Nevada, Mallusk, Northern Ireland, and Suzhou, China. [4] Carl E. Berg is Chairman and principal stockholder of Valence Technology and in March 2007, Robert L. Kanode was appointed as President and Chief Executive Officer. [5] Valence is traded on the Nasdaq Capital Markets under the ticker symbol VLNC. [6] The company holds an extensive, international patent portfolio of issued and pending lithium phosphate patents. [7]
Companies deploying Valence's battery technology include:
- Segway in their Segway Personal Transporter. [8] [9]
- Oxygen Scooters
- Smith Electric Vehicles
- Brammo's electric motorcycle the Enertia
- Kegel's bowling lane cleaners
- Military applications
- Oemtek's plug-in hybrid conversion for the Toyota Prius
- EnergyCS's initial plug-in hybrid conversions for the Toyota Prius
- N-Charge for laptops (discontinued)
- Enova Systems for the IC Corporation's plug-in hybrid school buses
- Optare Buses
- Wright Buses hybrid double-decker buses
- over 200 companies testing Valence's batteries but the Valence cannot release names because they are in the development stage.
In 2004 Valence was honored as a Top 100 Innovator by Red Herring, chosen for the high-performance, safe, low-cost and environmentally friendly attributes of its energy storage solutions. [10]
See also
References
- ^ "Companies Section". Business Week, http://investing.businessweek.com/research/stocks/snapshot/snapshot_article.asp?symbol=VLNC.
- ^ "Valence Technology Premieres First Intelligent, Large-Format Lithium-Ion Battery System at EVS-23". The Energy Blog December 03 2007, http://thefraserdomain.typepad.com/energy/2007/12/valence-technol.html.
- ^ "Valence Announces Retirement of Lev Dawson". Business Wire, http://findarticles.com/p/articles/mi_m0EIN/is_2002_May_13/ai_85878295.
- ^ "Valence Technology Incorporated". ZIBB, http://www.zibb.com/all/theme/cq/Valence+Technology+Incorporated.
- ^ "Valence Technology Appoints Robert L. Kanode as CEO and President". PowerPulse.net, http://www.powerpulse.net/story.php?storyID=16823.
- ^ "NASDAQ Summary Quotes". NASDAQ, http://quotes.nasdaq.com/asp/summaryquote.asp?symbol=VLNC%60&selected=VLNC%60.
- ^ "Extensive and International Patent Portfolio". Valence Web Site with links to USPTO site, http://www.valence-tech.com/technology/patents.php.
- ^ "AValence and Segway Develop Technology Program". Advanced Battery Technology, http://findarticles.com/p/articles/mi_qa3864/is_200501/ai_n9476848.
- ^ "Technology Innovations". Segway Corporate Site, http://www.segway.com/personal-transporter/lithium_ion.html.
- ^ "Valence Technology Named as Top 100 Innovator". Power Electronics, http://powerelectronics.com/news/valence-top-innovator/.