BOSTON, Sept. 30, 2019 /PRNewswire/
Titan Advanced Energy Solutions, Inc. ("Titan AES"), a pioneer in ultrasound-based battery management solutions, announced today an investment of $10 million in Series A financing. The investment will aid Titan AES in its mission to propel the shift towards electrification by solving an issue impacting all conventional lithium-ion battery management systems on the market today – inaccurate measurements. Titan AES's ionView™ technology enhances the performance and significantly extends the life-cycle of existing lithium ion battery technology. IonView™ is applicable to all lithium ion battery applications and has received positive market validation, as proven by the company's fast customer traction which includes multiple multinational automotive OEMs and stationary storage providers.