mPhase/AlwaysReady Inc. to submit proposal for Phase II grant

March 9, 2008
LITTLE FALLS, N.J., 9 March 2008. mPhase/AlwaysReady Inc. has been invited to submit a Phase II Small Business Technology Transfer Program (STTR) grant proposal to the U.S. Army for continued development of a Smart NanoBattery. Only a percentage of Phase I participants are invited to submit proposals for a second phase of work.

LITTLE FALLS, N.J., 9 March 2008.mPhase/AlwaysReady Inc. has been invited to submit a Phase II Small Business Technology Transfer Program (STTR) grant proposal to the U.S. Army for continued development of a Smart NanoBattery. Only a percentage of Phase I participants are invited to submit proposals for a second phase of work.

mPhase/AlwaysReady has been invited by the Army to submit a proposal for a $750,000 Phase II grant to build a functional lithium Smart NanoBattery prototype for a computer memory application. The Phase I grant supported a six-month effort to develop a low-power "green" battery with a 30-plus year shelf life that will power a SRAM (static random access memory) circuit for a computer device. SRAM is a common type of digital memory chip used in a wide variety of electronic systems for data storage.

If granted, the Phase II work would enable the company to further refine its battery technology and will be leveraged into similar commercial applications for large scale program deployments. This dual use concept is part of the mPhase/AlwaysReady commercialization strategy.

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