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Gelion (GELN) Share News

IN BRIEF: Gelion raises GBP2 million to support Max Planck partnership

17th Apr 2025 12:22

Gelion PLC - London-based battery energy storage systems, with operations in UK and Australia - Raises GBP2.0 million, as planned, from the sale of 22.6 million new shares at 9 pence each in a placing and subscription. Gelion hopes to raise a further GBP191,390 from an offer at the same price to retail investors. The placing is run by Oberon Capital and Allenby Capital as joint bookrunners. Read More

IN BRIEF: Gelion shares get boost from deal with Max Planck Institute

27th Mar 2025 14:35

Gelion PLC - London-based energy storage technology - Forms partnership with Max Planck Institute in Potsdam, Germany to develop "high-power, high-cycle life sulphur batteries with high energy densities". Gelion says the joint development plan brings together its own battery technology designs with Max Planck's nano-confined carbon/sulphur composite cathode and anode material technologies. "The board of Gelion believes that this collaboration aligns seamlessly with Gelion's sulfur battery strategy and significantly accelerates its pathway to commercialisation," it says. Read More

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