Zinc investment.
Zinc Investment: Silver-zinc battery developer Zinc Matrix Power Zinc Matrix Power is a company based in Camarillo, California, USA, that is making the "zinc matrix" silver-oxide, rechargable battery. The company has focused on designing a safer alternative to lithium-ion batteries. [1] Inc. received a $7 million investment to create and staff a pilot
production facility in Camarillo Camarillo (kă'mərē`yō), city (1990 pop. 52,303), Ventura co., S Calif.; inc. 1964. It is the center of a fertile farm area where citrus fruits and flowers are grown. . The money is coming from existing
investors, which include Intel Capital, a large private equity group,
and OnPoint Technologies. The company is planning eventually to move
into full-scale production of its batteries, which are designed to be
used in military and consumer electronics. CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. Dr. Ross Dueber said the
batteries could provide double the energy provided by current
lithium-ion batteries Lithium-ion batteries (sometimes abbreviated Li-ion batteries) are a type of rechargeable battery commonly used in consumer electronics. They are currently one of the most popular types of battery for portable electronics, with one of the best energy-to-weight ratios, no .
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