Founder and CEO, Sakti3
former Professor of Engineering
Technology: An advanced solid state lithium ion rechargeable battery that offers substantial improvements in energy density and safety.
Company: Sakti3, a U-M spinout founded in 2008 by Ann Marie Sastry, professor of engineering.
Development: Investments totaling over $13M by Khosla Ventures (California), Beringea (Michigan) as part of the Growth Capital Fund of the InvestMichigan! Program, General Motors Ventures (Michigan), Itochu Technology Ventures (Japan), along with a $3M grant from the Michigan Economic Development Corporation.
ABCD: U-M’s Advanced Battery Coalition for Drivetrains, headed by Sastry, was awarded $5 million by the General Motors Corporation to accelerate the design and testing of advanced batteries for electric vehicles.