10/1/2012 2:35:03 PM
EE Times: CNSE licenses battery storage technology
MANHASSET, NY -- The College of Nanoscale Science and Engineering of the University at Albany has entered into a licensing agreement with its first student spin-off company, B.E.S.S. Technologies, which will allow B.E.S.S. to commercialize and begin scale-up of its battery storage technology.
The agreement is part Governor Andrew Cuomo’s NY-SUN initiative and energy superhighway blueprint, whose intent is to enable homegrown high-tech growth in upstate New York.
B.E.S.S., which stands for Battery Energy Storage Systems, is a component design and engineering firm started by a group of CNSE graduate students in 2010. Working at CNSE’s Albany NanoTech Complex, BESS developed an innovative process to build nanostructures that enable energy storage capacity, faster charging rates, and a longer lifetime for lithium-ion batteries.