Blackstone Resources has teamed up with several strategic partners from Germany, Belgium, Poland and Austria, the United Kingdom and Switzerland. It will build and finance its own research team with these partners. These include research specialists from a number of disciplines that are based at the Fraunhofer Institutes of both Offenburg and Goslar, plus the Technical Universities of Clausthal and Braunschweig in Germany.
This move forms part of Blackstone’s research and development programme in battery technology, which includes a planned €200M investment project. This project will be partially funded by Blackstone. The remainder is planned to come from the subsidy programme from the German Federal Ministry for Economic Affairs and Energy (BMWi). Blackstone has already participated in the application process and the results will be decided in the very near future. This will include developing and testing new solid-state battery technologies, plus new production techniques such as 3D-printing.