[Special Stock] IL Science Passes 117.2 Billion KRW Preliminary Feasibility for 'Dream Battery' All-Solid-State Development... Mass Production Patent Spotlighted↑
IL Science is showing strong performance. This is interpreted as highlighting the fact that the government decided to invest 117.2 billion KRW to develop all-solid-state battery technology, known as the "dream battery," and IL Science holds patents for mass production technology.
As of 9:45 a.m. on the 30th, IL Science is trading at 3,260 KRW, up 7.06% compared to the previous day.
The day before, the Ministry of Trade, Industry and Energy announced at the National Research and Development Project Evaluation Committee meeting that the "High-performance Next-generation Secondary Battery Technology Development Project for Eco-friendly Mobility," with a total project cost of 117.23 billion KRW (82.06 billion KRW in national funds), had passed the preliminary feasibility study.
With the preliminary feasibility study passed, from next year until 2028, sulfide-based all-solid-state secondary batteries for electric vehicles, lithium metal secondary batteries for electric vehicles, and ultra-light lithium-sulfur secondary batteries for urban air mobility will be developed respectively. All-solid-state batteries use solid electrolytes instead of liquid, drastically reducing the possibility of fire, earning them the name "dream battery."
Lee Seung-ryeol, Director of Industrial Policy at the Ministry of Trade, Industry and Energy, said, "This is the first preliminary feasibility study project in the secondary battery field in 13 years," adding, "Due to high corporate interest in next-generation batteries, participation is expected not only from cell companies but also from various companies in materials, parts, and equipment."
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Meanwhile, IL Science announced on the 15th that it had secured the "mass production system establishment base technology" for the commercialization of all-solid-state batteries. The company expects that the "roll-to-roll lithium deposition system using small inline deposition equipment," for which it recently filed a patent, could become a deposition solution for lithium metal anode-based all-solid-state batteries.
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