Imprint Energy Announces Strategic Investment from IQT Partnership

Imprint Energy, Inc., a company reshaping the battery landscape with its zinc-based rechargeable battery technology (Zinc Poly™), announced a strategic investment and technology development agreement with In-Q-Tel (IQT), the independent strategic investment firm that identifies innovative technology solutions to support the missions of the U.S. intelligence community.

Through this strategic partnership, Imprint Energy aims to expand the development of its advanced battery technology and characterize its performance for multiple applications.

Imprint Energy’s proprietary Zinc Poly battery technology offers a compelling alternative to lithium ion polymer battery technology and advances the state-of-the-art in batteries for small portable electronics. The company’s electrochemistry breakthroughs remove the longstanding limitations on the rechargeability of zinc-based batteries while generating significant volumetric energy density, form factor, safety, cost and processing advantages versus other rechargeable battery chemistries.

“Imprint Energy’s technology advancements fall in an area of important interest for both our government customers and the broader commercial market,” said Dr. Syd Ulvick, senior vice president in charge of IQT’s Physical and Biological Technologies practice. “The company’s Zinc Poly technology has the potential to significantly impact the future of battery applications.”

“We are delighted to have In-Q-Tel as a strategic investor and partner, and view this development project and investment as a validation of our technological capabilities,” said Dr. Devin MacKenzie, Imprint Energy CEO. “We are excited to initiate this partnership to expand the capabilities of our Zinc Poly battery technology and explore its use in applications that address the needs of the U.S. intelligence community.”