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Altech Batteries - Quarterly Activities/Appendix 5B Cash Flow Report


Change of Company Name to Altech Batteries Limited

  • Resolution was approved by shareholders at the General Meeting held on 21 February 2023
  • Resolution received overwhelming support, with 99.72% of the votes received being in favour of the change
  • New name reflects Altech's vision to meet a battery storage future as the world transitions to the electrification of energy solutions
  • New name is consistent with the business and market segments of all three of Altech's projects
  • New name will allow for marketing of Altech's future products in a more beneficial manner
  • Altech will retain the current ASX ticker, “ATC”

Launch of CERENERGY 1.0 MWh GridPack Design for Renewable Energy Storage Market
  • Launch of 1.0 megawatt-hour (MWh) GridPack design
  • Non-Lithium Battery – Sodium Alumina Solid State
  • Rated at 600 Volts DC and 100 Ah
  • Specially designed for renewable energy and grid storage market
  • Able to be safely installed outdoors in any weather conditions
  • Sea container design, easy transportation by sea or road
  • “Plug and play” site installation
  • GridPacks are modular and stackable which reduces battery footprint
  • Noiseless operation - ideal for noise-sensitive environments
  • Low maintenance costs over battery life
For more information, download the attached PDF.

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