News

SOELECT and CBI become official Apprenticeship employer partners SOELECT is pleased to announce that as of August 2024, it has officially become a first employer partner with 8 Battery Registered Apprenticeship Programs in North Carolina.

SOELECT Receives U.S. Patent for Lithium Metal Composite Anode for Electric Battery Applications | Soelect LiX® anode promises safer operation and higher performance for lithium metal batteries at a lower cost compared to pure lithium metals.

CBI opens registration for Manufacturing Battery Assembly Technician Course through GTCC Visit GTCC's website for more information! Battery Assembly Technician (gtcc.edu)

CBI and Rockingham Community College Sign an Affiliate Agreement | On February 22nd, 2024, the Carolina Battery Institute (CBI) and Rockingham Community College (RCC) officially entered into a Community Benefits Agreement.

Soelect receives $11,000 from the One NC Small Business Program In February, 2024, Soelect was awarded $11,000 from the One NC Small Business Program. The One North Carolina Small Business Program under the Economic Development Partnership of North Carolina (EDPNC) helps fund North Carolina businesses in capital-intensive, high-risk industries in science, technology, engineering and math.

Soelect Receives $250,000 Grant Grom the DOD SBIR program In January 2024, Soelect was selected by the DOD to receive a grant for approximately $250,000. The objectives of the program are to ease barriers that small businesses face in understanding the Army’s technical challenges, identifying customers within complex Army ecosystems, and developing novel and relevant technology solutions to the Army.

CBI and Guilford Technical Community College Sign an Affiliate Agreement | On January 22nd, 2024, CEO Sungjin Cho, Tim Price, and June Sunwoo visited Guilford Technical Community College to meet with Dr. Anthony Clarke, president of GTCC. The meeting resulted in an affiliation agreement to boost Advanced Workforce Development in North Carolina. The collaboration centers on CBI's ACE program, culminating in 3 innovative training courses that will be available for enrollment st

Soelect Featured in Global News On Tuesday, November 28th, 2023, Soelect's partnership with Lotte Chemicals was featured in various Korean news outlets. The articles discussed Soelect's continued partnership with Lotte Chemicals and their plan to "actively target the global battery materials market to take the lead in the related sectors by securing core battery technologies" through joint research since 2021.

Soelect Employees Volunteer at a Local Youth Educational Non-Profit | Through the Volunteer Center of the Triad, Soelect was connected with Operation Xcel, a non-profit that runs after-school services and summer camps for children in grades K-8.

Soelect employees engage with the community through local volunteering | On Friday, September 15th, 2023, Soelect kicked off its Charitable Activity Appreciation Program by sending 7 volunteer employees to a food pantry run by The Salvation Army at their Kernersville Worship & Service Center. Employees from various departments participated, promoting a sense of company unity.

CBI and Forsyth Technical Community College Sign an Affiliate Agreement | In celebration of Clean Energy Week, Soelect Inc. hosted an open house on September 26, 2023. During the commencement ceremony, Forsyth Technical Community College and Carolina Battery Institute solidified an affiliation agreement to boost Advanced Workforce Development in North Carolina.

On Tuesday, September 26th, Soelect hosted an open house and announcement event to celebrate National Clean Energy Week. The event featured two headlines: Soelect Pilot Line Kick-off Celebration and Carolina Battery Institute Inc. Launching Ceremony.

In September 2023, Soelect secured a $43,400 FY23 Customized Training grant from GTCC, prioritizing employee development and safety. This translates to a training budget of $2,071 per employee. Over three years, 21 employees will undergo diverse training encompassing safety, efficiency, and compliance, including certifications such as OSHA and office safety.

Soelect secured government subsidies in 2023 through the 'One North Carolina Small Business Program,' which aims to reduce costs for startups involved in innovative research and development.

Argonne National Laboratory (ANL), a partner of Soelect, secured a $3 million Department of Energy funding for their innovative battery manufacturing project, "Advancing Solid-State Battery Manufacturing Through Scalable Synthesis, Processing, and Analysis."

Electric batteries appear to be the future of power – and this Triad startup is getting in on the action. Soelect, now 4 years old, develops solid-state battery components for a wide range of energy storage uses, like electric vehicles and portable electronics, and helps to make batteries more efficient, more powerful, and less expensive.

Matt Bailey is on the board of directors of Soelect Inc., a lithium battery component development company based out Greensboro that just raised a seed round through First Launch Capital Fund in Greensboro. The company formed in 2018, with Ph.D's SungJin Cho as founder and CEO and Jong Soo "Jake" Cho as vice president of research and development.

It’s full steam ahead for a Triad company that just secured funding through a local venture capital fund. Only, it is battery power that is going to propel this company forward. Soelect Inc. is the third investment for First Launch Capital Fund, a Greensboro-based venture capital fund formed in 2018 and headed by fund executive and heade by fund executive and entrepreneurial guru Lou Anne Flanders-Stec.