alpha-En Corporation (PK:ALPE)
Business Focus: Electrical Components & Equipment
| Sector: Industrials | Industry: Electrical Components & Equipment |
| See Regulatory Filings on SEC | |
| Company Contact | |
| Address: | 28 Wells Avenue, 2nd Floor YONKERS NY 10701 |
| Tel: | N/A |
| Website: | https://alpha-encorp.com |
| IR: | See website |
| Key People | ||
| Sam Pitroda Chairman of the Board, Chief Executive Officer | Thomas A. Suppanz Chief Financial Officer | |
| Business Overview |
| alpha-En Corporation is a technology company. The Company is focused on enabling battery technologies by developing and bringing materials produced in an environmentally sustainable manner. The Company has developed a process to produce pure lithium metal and associated products produced at room temperature. It has also created a carbon neutral technology. Its electrodeposition method produces a range of thin films of pure lithium on a myriad of substrates. The Company has developed a pre-lithiation technology, leveraging its dual-compartment electrochemical cell for pre-lithiation of anode laminates, such as porous graphite anodes. The Company's technology also enables the use of lower quality cathode materials, recovered by battery recycling, by adding lithium back into the system on the anode side. |
| Financial Overview |
| For the nine months ended 30 September 2019, alpha-En Corporation revenues increased from $0K to $58K. Net loss applicable to common stockholders decreased 24% to $4.8M. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Lower net loss reflects Research and development decrease of 69% to $340K (expense), General and administrative decrease of 5% to $3.2M (expense). |
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