Energy Exploration Technologies

Energy Exploration Technologies

Next generation battery technology

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Security Type
Common Stock
Categories
Other
Min Investment
$103
Offering Date
November 10, 2020
Expected Close Date
January 10, 2021
Target Raise
$10.00K-$1.07M
Deal Notes

Price per Share: $4.90

Company Description

EnergyX develops next generation battery technology and direct lithium extraction technology to help enable the global transition to renewable energy. We are Powering the Future of the energy storage market projected to reach $546 billion by 2035.

Key Deal Facts

Founder Teague Egan has been compared to Elon Musk (founder of Tesla) by the BBC.
World class team and international partners with over 100+ years of experience in materials for energy and water technologies.
EnergyX already has agreements with 4 of the top 10 lithium producers in the world and an energy major (customers). Our technology improves lithium recovery rates from 30% to 90%.
The annual battery market is $112 billion and is expected to reach $546 billion by 2035.
Governments of countries around the world are imposing strict policies on fossil fuels such as oil, gas, and coal, and moving to renewable technologies that require lithium batteries.
If we achieve our vision, we believe EnergyX has the potential to become one of the most valuable and transformative technologies of all time.

Use of Proceeds

  • Pilot Plants
  • Intellectual Property
  • Battery Design
  • Payroll
  • Legal
  • Accounting/Admin
  • Marketing
  • Intermediary fees

Management Team / Advisory Board Bios

Teague Egan
Founder & CEO
Teague Egan is a serial entrepreneur who has built a highly experienced team of scientists, engineers, and renewable energy experts. Egan invested in Tesla in 2013 at $7 per share and made a small fortune, which he has used to start and fund the majority of EnergyX to date. He is the leading investor and shareholder in the company.

Bob Wowk
CFO
Bob Wowk is responsible for all economic modelling, operations, and partnerships at EnergyX. His career includes 30+ years in the industrial gas and renewable energy sectors in the USA, Singapore, Canada, Munich, Dubai and South Africa. He has supported the business development and financing of projects valued at over $10 billion in a variety of industries and global locations. Wowk received his MBA from Wharton Business School at the University of Pennsylvania.

Dr. Amit Patwardhan
VP of Technology
Dr. Amit Patwardhan heads all technology development at EnergyX including both the LiTAS™ program and the solid state battery program. Prior to joining EnergyX, Dr. Patwardhan held senior leadership roles at Rio Tinto, a global Fortune 500 company with over $40 billion in revenue, in their Industrial Minerals business group and corporate technology group. He received his BS degree in Chemical Engineering as well as his MS, PhD and MBA degrees.

Dr. Benny Freeman
EnergyX Science Advisory Board, Chairman
Most of the EnergyX lithium membrane extraction technology to-date has come from Dr. Freeman’s lab and his group’s research. A professor of Chemical Engineering at The University of Texas at Austin, Dr. Freeman has been a faculty member for 29 years, and is described in 433 publications and 27 patents / patent applications. He is currently the director of Materials for Water and Energy Solutions (M-WET), a US Department of Energy-funded research center.

Bob Galyen
Advisor
Bob Galyen, an energy storage technology executive, was the founding CTO of CATL (Contemporary Amperex Technology Limited), the world’s largest battery manufacturer. With 38 years of experience in battery technology, Gaylen specializes in clean technology, lithium ion battery systems used in electric vehicles, and high efficiency storage systems. He currently serves as the Chairman of SAE International Battery Standards Steering Committee.

Deal Notes

Price per Share: $4.90

Amount Raised : $870,648
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Security Description

Common stock is a security that represents ownership in a corporation.

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