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Company Description (as filed with the SEC)
The primary business of Axion Power International, Inc. (the “Company”, Axion, “we”, “our”, or “us”) is to develop, design, manufacture and sell advanced energy storage devices, components and systems that are based on our patented PbC® technology. We also manufacture standard and specialty lead-acid batteries. Our PbC batteries and battery components, which are manufactured primarily through the use of activated carbon as an alternative to lead in the battery’s negative electrode, have application to varied energy system storage functions. The Energy Storage Industry The energy storage industry has traditionally been based on battery, flywheel, capacitor, thermal, chemical systems, power to gas, gravity, pumped storage hydroelectricity, and compressed air systems, to provide a temporary or back-up source for energy. ... More ...