DA Technology Supplies Flexible Secondary Battery Equipment

DA Technology announced on the 13th that it has completed the supply of automated line production equipment for the nation's first flexible battery factory.

The company recently completed the establishment of the entire assembly line manufacturing equipment, including notching and stacking equipment, at the new factory of the flexible secondary battery startup company Ribeast's headquarters in Daejeon, and is currently conducting pilot operations.

DA Technology signed a business agreement with Ribeast in September last year for the construction of flexible secondary battery-related equipment and collaboration. Subsequently, it received an order for flexible secondary battery automation line equipment worth 3.4 billion KRW. The two companies have been closely collaborating in various ways, including design and manufacturing of secondary battery manufacturing equipment and prioritizing equipment expansion cooperation.

Ribeast is a secondary battery startup spun off from KAIST in 2016. It is developing and commercializing flexible lithium-ion batteries that can bend or fold, flame-retardant and non-floating batteries, and next-generation batteries. Currently, flexible lithium-ion batteries are being marketed mainly in the North American market with related industries such as metaverse, AR·VR, and smart wearable devices. Additionally, flame-retardant and non-floating batteries are being applied to fields such as electric two-wheelers, EVs, and ESS, along with patent applications.

DA Technology expects an increase in demand for flexible battery manufacturing equipment in the future, following Ribeast's commercialization and market growth of flexible batteries.

In April, Ribeast built the nation's first flexible battery production factory in Daejeon with an area of 1,260 pyeong, and completed the inauguration ceremony of the first factory in August. DA Technology began supplying secondary battery automation production facilities to the first factory from mid-July and recently completed all equipment installation. Ribeast's Daejeon factory currently has a production capacity of 25,000 flexible batteries per month and plans to expand capacity to 100,000 units this year and 200,000 units next year. The company is currently promoting the establishment of a second factory and plans to expand up to four factories domestically in the future.

A company official stated, “Flexible batteries are thin and bendable, allowing for a wide range of applications including virtual reality (VR), augmented reality (AR), metaverse, healthcare, and medical devices. The application of DA Technology’s equipment in establishing the nation’s first flexible battery manufacturing line is a recognition of our technological capabilities. We expect the demand for related equipment to expand along with the growth of the flexible battery market.”

This content was produced with the assistance of AI translation services.