U.S. Secretary of Energy visits SiNode
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U.S. Secretary of Energy visits SiNode

The SiNode team had a chance to meet with Secretary Ernest Moniz on his recent visit to Chicago. Given SiNode’s status as a DOE SBIR recipient and the winner of DOE’s 2013 National Clean Energy Business Plan Competition, the Secretary was pleased to learn more about the commercialization progress of SiNode’s proprietary battery materials.

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AZ Electronic Materials and SiNode Systems sign Joint Development Agreement
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AZ Electronic Materials and SiNode Systems sign Joint Development Agreement

Branchburg, NJ, and Chicago, IL (August 1, 2014) – AZ Electronic Materials (“AZ”), a business unit of Merck KGaA, Darmstadt, Germany, and a leading global producer of high quality, high-purity specialty chemical materials used in the manufacturing of semiconductors, flat panel displays and LEDs, and SiNode Systems, Inc. (“SiNode”), a materials science company headquartered in Chicago, IL developing advanced materials for the energy storage market, announce they have entered into a Joint Development Agreement with the goal of commercializing graphene-based materials for lithium-ion batteries.

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Governor Pat Quinn features SiNode’s partnership with Motorola Mobility
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Governor Pat Quinn features SiNode’s partnership with Motorola Mobility

SiNode Systems was recently recognized as a successful example of the “Corporate-Startup Challenge” program conceived by the Illinois Innovation Council and managed by the Illinois Science & Technology Coalition (ISTC). The Corporate-Startup Challenge provides avenues for partnership and collaboration between promising local start-ups and Illinois corporate entities. SiNode’s strong relationship with Motorola Mobility is a direct result of the initiative and we are very thankful and excited for our continued involvement.

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SiNode Systems receives $1 million of follow-on funding from U.S. Department of Energy
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SiNode Systems receives $1 million of follow-on funding from U.S. Department of Energy

The SiNode team is pleased to announce the winning of a $1 million Phase II SBIR grant from the US Office of Energy Efficiency and Renewable Energy (EERE). The follow on funding will be awarded under the vehicle technologies program to develop high energy density li-ion batteries for hybrid and electric vehicle applications over a period of two years. We would like to thank the Department of Energy for their continued support and belief in our team and technology.

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New Seed Investment from Energy Foundry
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New Seed Investment from Energy Foundry

We are pleased to announce that Energy Foundry will be joining our seed round of funding. Energy Foundry is an impact venture capital fund, created out of the Illinois Energy Infrastructure Modernization Act. The law directed Illinois electric utilities, ComEd and Ameren, to provide $22.5M for the creation of the fund, a first-of-its kind model to stimulate Illinois’ innovation ecosystem and to support the emerging energy-technology marketplace.

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SiNode Systems Honored with ‘Up & Comer’ Award at 2013 Chicago Innovation Awards
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SiNode Systems Honored with ‘Up & Comer’ Award at 2013 Chicago Innovation Awards

The annual Chicago Innovation Awards was held last night at the Harris Theater in Millennium Park. Out of a record breaking 562 applicants, SiNode was selected as a top 100 finalist as well as one of ten Up & Comer winners. The Up & Comer award recognizes early stage companies that show great potential for disruptive products and services in the Chicagoland area.

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SiNode Systems Rings the NASDAQ Closing Bell
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SiNode Systems Rings the NASDAQ Closing Bell

Last Friday, August 23, SiNode Systems had the honor of ringing the NASDAQ closing bell in New York City. The celebratory event was also attended by investors, family members, representatives from the Rice Alliance, and key SiNode advisors. SiNode would like to thank everyone who was able to fly out for the event.

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SiNode Wins 1st Place at the 2013 Rice Business Plan Competition
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SiNode Wins 1st Place at the 2013 Rice Business Plan Competition

SiNode Systems took home the grand prize at the 2013 Rice Business Plan Competition, the world’s richest and largest business plan competition. In total, SiNode was awarded over $800,000 in prizes generously sponsored by the GOOSE Society of Texas, the OWL Investment Group, Mercury Fund, Greater Houston Partnership, U.S. Department of Energy, Trailblazer Capital, PKF of Texas, Fulbright & Jaworski LLP, BBVA Compass, Miller, Egan, Molter & Nelson LLP, and others.

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