Business and the Economy
High Tech Battery Developer Drawn To Lexington's Labs/Workforce
Another “next generation” battery company is making a move to central Kentucky. Over the next decade, NOHMs Technologies plans to create over 150 jobs and invest over five million dollars in the effort. Founder Nathan Ball says the company develops the liquids, powders, and pastes which go into lithium-sulfur batteries.
“What was really attractive was the facilities here for battery research and product development. There’s no other facility that exists like this anywhere in the U.S. outside of national lab or a big company. So it allows us to have big company resources without investing in it,” said Ball.
Within a couple years, Ball says the lithium-sulfur batteries will probably be built into military radios and smart phones. Farther down the road, he predicts they could be used in electric vehicles. Increasingly, Lexington Mayor Jim Gray adds college towns are attracting such firms.
“For the first time since these numbers have been kept, productivity is occurring, being measured higher in cities and a university city especially,” said Gray.
Ball, meanwhile, says longer-lasting smart phones are in the offing. He says the firm is working to extend the life of cell phone batteries.
“We can deliver twice the energy in the same weight, same size battery. With products that are in development, we can double the run time of your phone,” added Ball.
NOHMs will use the Kentucky-Argonne Battery Manufacturing Research and Development Center and the University of Kentucky’s Spindletop Administration Building.