WATTALPS gets a 1.65M€ grant* from the European Union to accelerate its development!
We are proud to announce that WATTALPS has been selected by the European Commission to an EIC Accelerator funding. Only 60 projects were financed among more than 2000 applicants. The jury particularly liked the capacity of WATTALPS to supply high performance batteries for demanding applications:
- High productivity
- High safety level
- Long life.
The WATTELSE project has also been chosen because of the will of WATTALPS to develop a circular economy by reusing its battery modules in a second life and simplifying the recycling at the end of life.
The funding of the EIC Accelerator consists also in providing complementary equity to WATTALPS. Negociation are open on the participation of the European Investment Bank to the capital of WATTALPS for an additional amount of 1.4M€.
* grant agreement n°101009840 from the European Union’s Horizon 2020 research and innovation programme