Lithium Technology Corporation (LTHUQ)

Overview

Lithium Technology Corporation specialized in designing, manufacturing, marketing, and delivering rechargeable energy storage solutions. The company focused on large format cylindrical lithium-ion (Li-ion) rechargeable cells and batteries complemented by battery management systems for various applications, including transportation, military/national security, and stationary power markets. With a broad product portfolio designed to cater to high power and high energy requirements, Lithium Technology Corporation sought to serve industrial, retail, and government clients, alongside scientific research establishments and national defense agencies mainly in the United States, United Kingdom, and Germany. Despite its innovative solutions, the company encountered financial difficulties, filing for Chapter 11 reorganization in December 2014. The case transitioned to Chapter 7 bankruptcy in June 2015, marking the end of its operations. The headquarters was located in Fairfax, Virginia.

Products and Services

• Large Format High Power Cells:

  These cells ranged from 7.5 to 45 Ah with high discharge capabilities, making them suitable for Hybrid Electric Vehicles (HEV) and military applications. Their design focused on delivering robust power output for demanding environments.

• High Energy Cells:

  Offering capacities from 10 to 485 Ah, these cells were tailored for applications requiring prolonged energy supply, such as backup power systems and remote standby installations. They were designed to provide reliable, long-term energy storage solutions.

• Large Batteries:

  With voltage up to 600V and capacities exceeding 1.2 MWh, these systems were among the largest offered by the company. They catered to applications needing substantial energy storage, demonstrating the company's capacity to meet large-scale energy needs.

• Standard Cells with Custom Batteries:

  These products were built around standard cells but assembled into custom configurations equipped with electronics for managing the batteries. This flexibility allowed for tailored energy storage solutions to fit specific customer requirements efficiently.