Home > Press > Arrowhead Forms New Subsidiary to Commercialize Energy Storage Devices
![]() |
Abstract:
Arrowhead Research Corporation (NASDAQ: ARWR) announced today that it has formed Agonn Systems Corporation to explore, develop and commercialize nanotechnology-based energy storage devices for electric vehicles and other large format applications. Agonn has initiated a strategy to acquire energy storage technologies based on nanoscale engineering from research institutions and expects to begin prototyping ultracapacitors based on carbon nanotubes and other advanced materials this year. The formation of Agonn Systems is part of a strategy at Arrowhead to leverage nanotechnology for clean energy applications.
"We implemented a similar roll up of intellectual property, device design, and manufacturing capability to build our majority-owned subsidiary Unidym into a leader in the application of carbon nanotubes for electronics," said Arrowhead CEO Chris Anzalone. "We intend to replicate this strategy in the field of nanotech-based energy storage devices."
Arrowhead has established for Agonn a team of scientific advisors pioneering nanotechnology-based energy storage, including:
* Alan Gotcher, Ph.D., former CEO, Altair Nanotechnologies Inc, and former Chief Technology Officer and Senior Vice President, Manufacturing at Avery Dennison.
* Joel Schindall, Ph,D., the Bernard Gordon Professor of Electrical Engineering and Computer Science at the Massachusetts Institute of Technology and Associate Director of the Laboratory for Electromagnetic and Electronic Systems (LEES) at MIT
* Jud Ready, Ph,D., Senior Research Engineer and Adjunct Professor, Georgia Tech Research Institute (GTRI)
* Satish Kumar, Ph,D., Professor of Textile and Fiber Engineering at Georgia Tech
* Prashant N. Kumta, Ph,D., Edward R. Weidlein Chair Professor at the University of Pittsburgh Swanson School of Engineering
####
About Arrowhead Research Corporation
Arrowhead Research Corporation (www.arrowheadresearch.com) (NASDAQ:ARWR) is a publicly-traded nanotechnology company commercializing new technologies in the areas of life sciences, electronics, and energy. Arrowhead is building value for shareholders through the progress of majority owned subsidiaries. Currently, Arrowhead has four subsidiaries commercializing nanotech products and applications and investments in two minority-owned subsidiaries.
About Agonn Systems
Agonn Systems is a newly-formed company focused on developing nanotech-based energy storage devices for hybrid electric vehicles and other applications. Agonn is a subsidiary of Arrowhead Research.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995:
This news release contains forward-looking statements within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. These statements are based upon our current expectations and speak only as of the date hereof. Our actual results may differ materially and adversely from those expressed in any forward-looking statements as a result of various factors and uncertainties, including the future success of our scientific studies, our ability to successfully develop products, rapid technological change in our markets, changes in demand for our future products, legislative, regulatory and competitive developments and general economic conditions. Arrowhead Research Corporation's Annual Report on Form 10-K and 10-K/A, recent and forthcoming Quarterly Reports on Form 10-Q and 10-Q/A, recent Current Reports on Forms 8-K and 8-K/A, our Registration Statements on Form S-3, and other SEC filings discuss some of the important risk factors that may affect our business, results of operations and financial condition. We undertake no obligation to revise or update publicly any forward-looking statements for any reason.
For more information, please click here
Contacts:
Virginia Dadey
Arrowhead Research
212-541-3707
Copyright © Business Wire 2008
If you have a comment, please Contact us.Issuers of news releases, not 7th Wave, Inc. or Nanotechnology Now, are solely responsible for the accuracy of the content.
Related News Press |
News and information
Flexible electronics integrated with paper-thin structure for use in space January 17th, 2025
Quantum engineers ‘squeeze’ laser frequency combs to make more sensitive gas sensors January 17th, 2025
Announcements
Quantum engineers ‘squeeze’ laser frequency combs to make more sensitive gas sensors January 17th, 2025
The National Space Society Congratulates SpaceX on Starship’s 7th Test Flight: Latest Test of the Megarocket Hoped to Demonstrate a Number of New Technologies and Systems January 17th, 2025
Automotive/Transportation
Researchers’ approach may protect quantum computers from attacks March 8th, 2024
Battery Technology/Capacitors/Generators/Piezoelectrics/Thermoelectrics/Energy storage
Enhancing transverse thermoelectric conversion performance in magnetic materials with tilted structural design: A new approach to developing practical thermoelectric technologies December 13th, 2024
Breakthrough brings body-heat powered wearable devices closer to reality December 13th, 2024
What heat can tell us about battery chemistry: using the Peltier effect to study lithium-ion cells March 8th, 2024
![]() |
||
![]() |
||
The latest news from around the world, FREE | ||
![]() |
![]() |
||
Premium Products | ||
![]() |
||
Only the news you want to read!
Learn More |
||
![]() |
||
Full-service, expert consulting
Learn More |
||
![]() |