Montreal, Quebec, Canada, 19-FEB-2025 – ELEQTRION, a leading innovator in sustainable energy solutions, is thrilled to announce that it has received significant financial support following the call for projects under the Aluminum Innovation Support Program (PSIAL) for Quebec SMEs. This initiative, aimed at “Optimizing critical aluminum-based battery components,” is overseen by the Quebec Center for Aluminum Research and Development (CQRDA).
According to the CQRDA, the ever-evolving aluminum sector is driving innovations that contribute to Quebec’s socioeconomic development. This ecosystem helps maintain the competitiveness of various companies operating in this field.
The grant, in partnership with the CQRDA and the ministère de l’Économie, de l’Innovation et de l’Énergie du Québec, highlights the collaborative efforts between ELEQTRION, the academic community, and industrial partners. It underscores our shared commitment to advancing greener technologies, developing local intellectual property, and offering a viable alternative to traditional lithium batteries.
“We are honored to receive this grant” said William Reynolds, CEO of ELEQTRION. “This support aligns with global efforts to combat climate change and promote sustainable industrial practices by leveraging cutting-edge technology and expertise.”
Robert Nadeau, COO of ELEQTRION, added: “This grant is a major milestone for ELEQTRION. It not only validates our innovative approach and our presence in this remarkable ecosystem but also provides some of the resources needed to advance our research and development efforts for our new Aluminum-Ion battery.”
Eleqtrion aims to set new standards in energy efficiency and environmental management within the aluminum sector.
About ELEQTRION
ELEQTRION’s mission is to drive a low-carbon economy by creating safer, more sustainable, and affordable batteries for energy storage and electric mobility using abundant resources such as aluminum. With a focus on research and development, ELEQTRION strives to develop technologies that reduce environmental impact and foster a cleaner, greener future.
About CQRDA
The Quebec Center for Aluminum Research and Development (CQRDA) is a renowned organization that supports research and development in the aluminum industry. The CQRDA aims to promote innovation and sustainability in aluminum production through funding and collaboration with industry leaders.