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Sol Chip and Tadiran to Collaborate on Solar Battery Development

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Sol Chip Ltd
157 Derech Jaffa
Haifa, 35251
Israel



Press release date: January 14, 2014

TEL AVIV, Israel -

Sol Chip (http://www.sol-chip.com), a portfolio company of The Trendlines Group (http://trendlines.com), announced a collaboration agreement with Tadiran Batteries for solar battery development and marketing cooperation.

Founded in 2009, Sol Chip is an energy-harvesting company that has developed a maintenance-free Everlasting Solar Battery. Sol Chip's technology provides a platform for disruptive technological applications, such as precision agriculture and Internet of Things (IoT). Sol Chip's innovative technology is designed to enable autonomous operation of devices and systems powered by a "plug and play" solar energy source.

Tadiran Batteries (a fully owned subsidiary of SAFT (http://www.saftbatteries.com) is a leading manufacturer of a wide line of lithium batteries. Tadiran batteries are widely used for a variety of applications, including AMR utility meters, System Control and Data Acquisition (SCADA), data loggers, GPS emergency locators, animal tracking devices, GPS asset/container tracking, GPS vehicle tracking, environmental measurement, and RFID devices.

Many of these outdoor wireless applications such as wireless sensors, RF tags, GPS require a long-life battery. For such applications, Tadiran sees the potential value of Sol Chip's Energy Harvester that can charge Tadiran's batteries, thus enabling autonomous, maintenance-free operation. The combination of Sol Chip's Energy Harvester and Tadiran's battery can potentially provide energy for the lifetime of the application.

Tadiran will cooperate with Sol-Chip in development and marketing. Tadiran foresees the potential of a millions unit market in the coming years.

Steve Rhodes, CEO of Trendlines states, "Sol Chip has progressed from strength to strength and we are extremely proud of their achievements. The collaboration agreement culminates a successful year for them after winning two prestigious awards: Best Incubator Company from Israel's Chief Scientist and the Best Technical Development of Energy Harvesting Award at the 2013 IDTechEx in Berlin."

"This collaboration will provide the IoT market with an important step forwards towards the autonomous clean operation of wireless sensors," adds Dr. Shani Keysar, CEO of Sol-Chip.

Media relations:
Omri Salner | Ofir Shpigel Media and Public Relations | +972-04-9535030

Sol Chip Ltd

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