Nexeon has been recognised in the Martin & Audrey Wood Awards, winning the Green Technology category award. This is given to the company that best demonstrates an innovative technology with a positive impact on the environment. In addition, the company must have demonstrable commercial potential.
Nexeon’s success is based on its work with lithium ion (Li-ion) batteries that use silicon in place of carbon. From the environmental standpoint, by producing batteries with much higher performance, the technology will accelerate the adoption of electric vehicles and support the use of rechargeable batteries in place of disposable ones. Li-ion batteries can also contribute to better storage of off-grid energy.
Nexeon was presented with the award at Venturefest, the business creation networking event held in Oxford as part of the Venturefest programme. A presentation was made to the panel of expert judges. Nexeon also exhibited in the Innovation Showcase.
The Martin and Audrey Wood Enterprise Awards celebrate entrepreneurs and innovative companies. They were established by Oxford Innovation in honour of Sir Martin and Lady Wood, who co-founded Oxford Instruments plc in 1959 and continue to support start-up and growing companies.
“We are honoured to have received this award”, said Dr Scott Brown, CEO of Nexeon. “It is good to see so many quality companies working on environmental initiatives, and we are especially proud to have had our progress recognised.”
Nexeon is no stranger to the limelight, having picked up several major awards last year.