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Solidion Technology concludes strategic letter of intent

Solidion Technology concludes strategic letter of intent

Collaboration will strengthen Solidion’s patent portfolio and manufacturing in the USA

DALLAS, Nov. 11, 2024 /PRNewswire/ – Solidion Technology, Inc. (NASDAQ: STI), a provider of advanced battery solutions, today announced a strategic statement of intent Bluestar Materials Company known from Taiwan. This agreement will strengthen Solidion’s patent portfolio and accelerate the commercialization of its anode technology, including the recently announced technology that enables lithium batteries to be charged within 5 minutes.

The agreement enables Solidion to explore and create synergies in manufacturing, commercialization strategies and market opportunities related to advanced silicon (Si) and silicon oxide (SiOx) battery solutions in the United States. Silicon and silicon oxide are now considered the preferred solution for battery technology over solid-state technology.

“This agreement enables Solidion to capture new market share in the U.S. while globally showcasing our silicon-based solutions that offer higher efficiency and energy density compared to traditional solid-state batteries,” said Jaymes Winters, CEO of Solidion Technology.

For more information please visit www.solidiontech.com or contact Investor Relations.

About Solidion Technology, Inc.

Headquartered in Dallas, Texas, with pilot production facilities in Dayton, Ohio, Solidion’s core business includes the manufacture of battery materials and components, as well as the development and production of next-generation batteries for energy storage systems and electric vehicles for land, air and maritime transportation.

Cautionary Note Regarding Forward-Looking Statements:

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Solidion Technology Inc. (NASDAQ: STI) (the “Company”, “Solidion”, “we”, “our” or “us”) would like to secure the safe -Harbor provisions of the Private Securities Litigation Reform Act of 1995 and adds the words “forecasts,” “believe,” “may,” “estimate,” “continue,” in connection with this Safe Harbor legislation. “anticipate,” “intend,” “should,” “plan,” “could,” “goal,” “potential,” “likely,” “expect” and similar expressions as they apply to us are intended to identify forward-looking statements . We undertake no obligation to publicly update any forward-looking statements, whether as a result of new information, future developments or otherwise, except as required by law.

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