Nyobolt Battery Powers Warehouse Robots to $1 Billion Valuation
Nyobolt applies its fast-charging battery to warehouse robots after electric vehicles proved too costly.
Nyobolt applies its fast-charging battery to warehouse robots after electric vehicles proved too costly.
Nyobolt has paired its battery technology with non-humanoid warehouse robots. The Information reports the company reached a $1 billion valuation through this application. The battery originated in the University of Cambridge lab of chemistry professor Clare Grey. It charges in one or two minutes. Earlier versions were considered too expensive for electric vehicles because of the downtime required for slower charging. Warehouse robots gained a commercial edge by avoiding long charging periods. The Information article details how the pairing succeeded where vehicle use had not.
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Nyobolt applies its fast-charging battery to warehouse robots after electric vehicles proved too costly.
Nyobolt has paired its battery technology with non-humanoid warehouse robots. The Information reports the company reached a $1 billion valuation through this application. The battery originated in the University of Cambridge lab of chemistry professor Clare Grey. It charges in one or two minutes. Earlier versions were considered too expensive for electric vehicles because of the downtime required for slower charging. Warehouse robots gained a commercial edge by avoiding long charging periods. The Information article details how the pairing succeeded where vehicle use had not.