December 1, 2022: All-solid-state battery developer Stable Energy mentioned on November 29 that CEO, board member and co-founder, Douglas Campbell, has determined to retire efficient instantly.
David Jansen, the corporate’s chairman and president, has been appointed as interim CEO whereas the corporate searches for a everlasting substitute.
Stable Energy unbiased director John Stephens mentioned: “Since Stable Energy’s founding in 2011, Doug has served as a passionate entrepreneur, beginning the corporate’s earliest levels as a spin-off from College of Colorado.”
Stephens mentioned Campbell and the board determined new management was wanted “as we enter the subsequent part of our evolution and construct on our momentum as a newly public firm”.
Campbell mentioned he plans to spend extra time together with his household and pursue different pursuits whereas “persevering with as a big shareholder within the firm for years to come back and watching the expansion and growth proceed.” I do know that the gifted group at Stable Energy will proceed to create”.
Stable Energy introduced the supply of its first solid-state lithium steel cells in October 2020.
The pouch cell, which accommodates a strong sulfide electrolyte, is produced utilizing the corporate’s roll-to-roll pilot line and is destined for the EV sector.
Stable Energy has a partnership with BMW and Ford to collectively develop all solid-state batteries.
