SAN DIEGO--(BUSINESS WIRE)--South 8 Technologies (South 8), the developer of LiGas®, a liquefied gas electrolyte for advanced lithium-ion batteries, announced today that it is collaborating with NanoGraf to deliver higher energy, safer, and lighter batteries for soldiers in the battlefield. South 8’s $6.4 million subcontract with NanoGraf will support the U.S. Army Combat Capabilities Development Command C5ISR Center (DEVCOM). South 8 will develop and deliver a high-rate injection system for its LiGas electrolyte to bolster domestic production of cylindrical lithium-ion batteries under the Defense Innovation Unit (DIU)’s Family of Advanced Standard Batteries (FAStBat) initiative. U.S. soldiers are often weighed down by more than 20 pounds of lithium-ion batteries when in the field, carrying multiple battery packs as backups in case of poor performance due to extreme weather or physical damage

ATLANTA BOSTON SAN DIEGO TAMPA, Fla. WASHINGTON--(BUSINESS WIRE)--Anzu Partners, an investment firm delivering capital and strategic support to breakthrough technology companies, announced the promotion of three team members to Principal across its business services teams:Patrick Harrington, who leads fund finance and played a central role in executing over 40 investment rounds in 2023.Kyle McQuighan, who leads capital solutions and investor relations for Anzu.Wendy Papakostandini, who leads talent for Anzu and whose team placed over 100 candidates in 2023.“Patrick, Kyle, and Wendy are all strong examples of Anzu’s next generation of leaders with deep expertise in their fields and have the experience to push Anzu and the venture capital industry as a whole forward into a new era,” said Whitney Haring-Smith, Managing Partner at Anzu Partners. Since joining Anzu in 2020, Patrick Harrington has helped develop new strategies, including Anzu’s structured financing solutions, and he now leads the fund finance group. In his role, Patrick coordinates across Anzu’s lenders, investors, and fund administrators. He also leads valuations and credit support for Anzu’s funds. Recently, Patrick played a central role in Anzu’s investments in voxeljet, which makes some of the world’s largest 3D printers, and Envoy Medical, which has developed a FDA-designated breakthrough medical device

Earlier this year ARPA-E awarded us $3.2M to develop high-energy, low-cost and cobalt-free lithium nickel manganese oxide cells.