Gelion PLCOOTC GELNF Stock Report

Gelion Plc engages in the manufacture of batteries and accumulators. The company is headquartered in Eveleigh, New South Wales and currently employs 50 full-time employees. The company went IPO on 2021-11-30. The principal activity of the Company is the development of zinc-bromide battery cells to meet the needs of customers. The company is focused on commercial solutions for the transition to a sustainable economy through the storage of renewable energy. Its Endure battery can be completely discharged to zero volts, performs at high temperatures and is inherently a fire retardant. The batteries provide scalable storage for solar and wind farms, grid stability and large-scale commercial and industrial customers. Its zinc-bromide battery cells have applications in off grid, commercial and industrial, industrial light towers, grid services, and solar and wind. The company is designing ultra-high-energy density batteries to power cars, trucks, drones and aircraft. The firm has developed special silicon-based additives for mobile energy platforms. The applications of silicon-based additives include electric busses and trains and passenger and heavy vehicles.