 So we're here with BroadBit Batteries and who are you? I'm David Brown, I'm the CEO and one of the co-founders of BroadBit Batteries. So we're here at the ID Tech X show, so what are you talking about here? So, yeah, we're introducing our new battery technology. So just to tell a bit about the state of the company, we've been in a stealth mode for about five years now developing this new battery technology and it's based on sodium as opposed to lithium batteries. And the ultimate message is we have two battery families, we have a high power battery and a high energy battery. The high energy battery has twice the energy density per kilogram of lithium ion batteries. Twice. Twice, yes. And the high power battery has five times the power density of lithium ion, which means you can charge this thing in five minutes. Five minutes. So what is sodium? So sodium is a very common element. Sodium is half of what's in salt, sea salt, that you put on your food. So it's salt battery? It's a salt-based battery and it relies on a completely different chemistry than lithium ion battery or if you've heard of other sulfur batteries it's also different than any other sulfur battery you've heard of. So it's a brand new chemical mechanism for storing iron. What are other people doing with sodium battery? So there's sodium sulfur batteries and there's sodium ion batteries for instance and those are completely different technologies than this. And you just sodium battery? Yeah, well there's other secrets. Secret stuff? Since when do you announce this? You say stealth mode five years and what's the what is status? Yeah, so now we have videos. Sure. So we are we have produced coin cells proving the technology so proving this performance and we are now preparing our first cylindrical cells and pouch cells to test those form factors and we've done extensive cycling tests. So for the for the high-power battery we've done 900 cycles with no detectable degradation at all. 900? No degradation? No degradation. What is it with lithium ion? So you would expect in a in 500 or so cycles of a lithium ion you'd expect probably 10% degradation. So there's no degradation? It's much faster to charge or it's much higher capacity? You cannot test both? Well there's so the the high power has much higher power density but about the same energy density of lithium ion and vice versa the high energy battery has about the same power density but much higher energy density. So this one means it's more compact? Yeah, so it's much much lighter, yes. Lighter and more compact? Depends on your application but so this has about the same volume density as lithium ion. So it's gonna go in smartphones and cards and everything? Yep, that's the plan. How soon? Well, we expect to be in our first demo products by the end of this year and we expect to be on our first specialty products by the middle of to the end of the following year and high volume production the next year. So lithium ion is a giant business right? Yeah. And they have lots of infrastructure and stuff. So how are you gonna take over the whole industry? Well, lithium ion replaced the previous battery technology that's what we're gonna do. They replaced which one? Well, the the metal hydrides and lead acid batteries for some applications etc etc. So did they take them a while? It took them a while, yes. It took them a bunch of decades or something? Well, I think maybe 30 years to get to the point where we are now. But can you speed that up when you take over there? Well, yeah, things are moving much faster. Well, we've planned to be in products in three years. I don't think we'll be the whole market in three years. But we plan to also be licensing the technology to accelerate uptake. Because I would guess people don't really care if it's more expensive if it really has that those kinds of advantages, right? Sure. But is it like also 2x more expensive or how do you say? No, no, no. We have much cheaper raw materials than lithium ion and we also have some advantages in the manufacturing process. We can eliminate some steps. So we believe it'll be in high volume manufacture about half the cost. So how is safety compared to lithium ion? This is something we do not yet know. You don't know yet. So we have not done any safety testing yet, but that's something we'll be doing in the coming year. Alright, so how do you do that? Well, there's, you know, high temperature and impact tests and puncture tests and all sorts of things like this. So this we have not yet done. Because I was just taking the airplane yesterday and it took all my batteries. Yes. All my lithium ion, it just took them. So now I have phones with no batteries. So they were like worried or something. Usually if it's in a device, it's okay. But you can't transport batteries. I checked in the device and I shouldn't have. Yes. If I didn't check in the device, you would have been okay. I thought I was smart, but I was not. So okay, so safety is a, yeah. An unknown. But we believe we have reasons to believe it'll be much safer than lithium ion for a number of reasons. I could explain briefly. So you're talking with all the giants, right? I can't say who we're talking to. Samsung's and Google's and all that. Very good list. Where are you based? We're based in Helsinki, Finland. Alright. So anybody coming from Nokia or no? I can't say. Oh, from in the company? Yeah. No, nobody from Nokia in the company. Alright, but are you not from... I'm from the United States. But you're based in... But the company and I am based in Finland. Alright, how many people in the company? So there's only three of us right now. Alright, so it's very new. Very leading team. So we have collaboration partners in Spain and in Germany that have been carrying out a lot of the experiments for us. And now we're moving all of that development to Finland. Cool. Alright. So right here, people can read more. Free-screen my video and check it out. Wait a second.