The opportunity to invest in "quantum glass" battery technology has been teased a lot lately. Being an early investor could potentially lead to large gains, but who is it behind this new tech? What company makes "quantum glass" batteries, aka the "battery of the future"?
This is what the focus of this review is about. People have been asking for more information on this matter and here at Green Bull Research answering questions like this is exactly what we do.
In this quick review I'll be going over what the heck "quantum glass" batteries really are and the company (stock ticker included) behind it all.
From what I've been able to find, investment expert Matt McCall been the one teasing this opportunity all over the internet, claiming that this new breakthrough technology "will ignite the global $3 trillion electric car revolution"...
Matt McCall is someone we're familiar with, having come across teasers by him in the past, such as that for his FOLED stock and 5G Highway stocks. He has around two decades of professional experience in finance, starting out at the position of account executive over at Charles Schwab. He's written investment books, has been featured on media outlets like Fox News & CNBC for his expertise, and is currently running some investment newsletter advisory services over at InvestorPlace.
He knows a thing or two about investing in solid companies behind breakthrough technology, but at the same time you have to take what he says with a grain of salt because he's also a salesman for his advisory services.
What the heck is a "Quantum Glass" Battery?
"Quantum glass" batteries, which are more commonly referred to as simply glass batteries, are a type of solid state battery that use a glass electrolyte and lithium or sodium metal electrodes.
The description of this new type of battery was first published in Energy & Environmental Science in 2016 and has been subject to a considerable amount of skepticism... but is said to solve two of the biggest problems currently facing electric vehicles and holding them back from more widespread adoption, which are a short battery life and long charging times.
This new tech was developed by Nobel Prize winner John Goodenough, a professor at the University of Texas at Austin who also is behind the lithium-ion battery tech currently being used in EVs.
Glass batteries' electrolytes, which I just mentioned are solid state, have a higher energy density, meaning they can hold more electricity. This is great and all, but what's sometimes overlooked is how this new battery tech also helps to eliminate the problem of batteries exploding. Right now, a good portion of the weight of lithium-ion batteries go into preventing explosions... and solid state batteries don't have this problem.
Matt McCall seems to have been the one who coined the term "quantum glass" battery and has also referred to this as the "Jesus battery" and "holy grail"... claiming that this technology will grow as much as 67,976% in the coming years (a bold prediction).
It's promising new battery technology and of course there are many people looking to invest in it... so let's get to the point of this article and talk about the company who makes it.
Exposing What Company Makes the "Quantum Glass" Battery
There are a lot of companies out there trying to get a piece of the market for this new battery tech, but what we're mostly interested in here is the company that Matt McCall has been teasing... since he's the one who came up with the "quantum glass" battery term and all.
What's the company behind the new technology that McCall thinks will grow as much as 67,976% in the coming years?? What is Matt McCall's "battery of the future"?
Without further ado... it's more than likely Ilika, which "is a pioneer in a ground-breaking solid state battery technology", with their main product line being Stereax batteries.
- London Exchange: IKA
- US OTC: ILIKF
Ilika is a UK company but also has operations in the US, China and Israel.
I'll keep it short in this post, but if you want more information on how we came to the conclusion on Ilika being McCall's stock pick here you can read this post.
Other "Quantum Glass" Battery Companies You Might Want to Consider
I was also able to find that InvestorPlace, the company that Matt McCall works for, has an article on other "quantum glass" battery stocks "that could surge". These include:
- Panasonic (PCRFY) - Entered into a 3-year deal with Tesla to manufacture lithium-ion batteries and is "at the forefront of the current revolution with batteries and electric vehicles", according to InvestorPlace. Also developing solid state batteries.
- Albemarle (ALB) - A world-leader in lithium mining.
- Samsung (SSNLF) - Has developed solid-state batteries that can help EVs go 500 miles on a single charge and can be recharged more than 1,000 times.
Now you may be wondering why they are listing a company that mines lithium as a good way to invest in "quantum glass" battery tech, and the reason is simple... this is because lithium is still a component of many solid state batteries.
Good Investment Opportunity?
Solid state glass batteries have big potential but only time will tell how things really play out. McCall seems to think they are going to take over the EV market. However, there are big advancements being made with the common lithium-ion batteries and if they continue to see such then there might no longer be the need for solid state ones.
As far as Ilika goes, well, they are still a very small company and investing in them would carry some risk. Not only is the future of solid state batteries uncertain, but there are also a number of other small companies out there they have to compete with, and we're seeing larger lithium-ion battery manufacturers stepping into the space as they see the potential of solid state batteries. That said, they do still remain in good positioning to take advantage of future growth.
As always, invest at your own risk and do your own due-diligence before anything.
Quick Recap & Conclusion
- The "Quantum glass" battery term was made-up by investment expert Matt McCall and they are really just a type of solid-state battery.
- McCall thinks that this new battery technology will grow as much as 67,976% in the coming years.
- He teases the opportunity to invest in a company who makes these batteries as a way to make a lot of money.
- The company he's teasing is likely Ilika, which is a small UK-based company that has good positioning in the space.
- Because this is a new technology and its future is uncertain, and because Ilika is still a very small company, investing here definitely carries risk.
Hopefully this review has provided some value to you and helped clear the air on this investment opportunity.
As always, let us know what you think of this stock pick down in the comment section below. We like to hear back from our readers!