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Military & Aerospace Electronics Online Article |  | |
CAMARILLO, Calif., 31 July 2007. Management at Zinc Matrix Power, a global provider and developer of silver-zinc, rechargeable battery technology, has changed the company name to ZPower Inc. The name change reflects one of several key elements in the mangement's strategy as it moves from pilot production to high-volume battery manufacturing in 2008.
Under the new name, ZPower will continue to develop its rechargeable silver-zinc battery which provides a 30 percent increase in energy density over traditional lithium-ion batteries. This value proposition has recently attracted the attention of several Tier One electronics manufacturers. These companies will continue working with ZPower to incorporate its batteries in their future products, beginning in 2008. The batteries will be called ZPower batteries.
ZPower is carrying out early manufacturing runs, pilot scale production, and process development in its new Camarillo, Calif. facility. Volume production will be launched in China in 2008 through ZPower's contract manufacturing partner, Tyco Electronics Corporation.
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