StoreDot

StoreDot was founded in 2012 by Doron Myersdorf, Simon Litsyn, and Gil Rosenman, initially developing displays and storage devices based on research by Ehud Gazit. A year later its CEO, Myersdorf, said their peptide-based display technology is ready to be "packed and sold" and its related intellectual property could be sold for 300 million dollars.[8][9] The displays and storage devices are based on "peptide nanocrystals", and a prototype storage device was made in 2012 that is "three times faster than conventional memory."[10] The company's CEO said the display technology is 20% more power-efficient and 90% less costly to manufacture than OLED, and the displays were ready in 2015 for full-scale manufacturing using existing factories and manufacturing processes,[11] and were to be commercialized by 2016.[12][13] By 2019 the display technology was spun off into its own company, MolecuLED. As of 2022, MolecuLED has no employees.[1]

StoreDot reported in 2014 to have developed organic-compound peptide-based smartphone batteries capable of being fully charged within 30 seconds.[1][14] The company said its 30-second-charging organic-compound-based battery would be commercially available for smartphones by 2016,[1][12][13] and for electric vehicles[15] and aerial drones[16] by 2020.

The company was developing germanium-based batteries by 2017, citing graphite-free batteries and an electric vehicle battery that fully charges in five minutes, expecting "millions of cars" to be equipped with its electric vehicle battery by 2020.[17][1] The company announced in 2018 that its mobile phone battery would be commercially available by 2019, and that it had plans to build a battery factory in the United States by 2022.[1] In 2019 it announced the commercialization of a 168-cell germanium-tin battery for electric scooters, and stated that its mobile phone products would be commercially available in late 2020 and the scooter battery would be commercially available in 2021. The company's CEO said its electric car battery would have ten times as many cells as the scooter battery, charge fast enough to add 300 miles of range in under five minutes, and have a cooling system; and that its batteries did not degrade.[18][19]

The company started promoting its silicon-based batteries in 2019 and ceased development of its germanium-based batteries in 2020.[1] It has previously attempted to patent silicon-anode batteries, but the patent was abandoned.[20] The company sent germanium sample batteries to manufacturers in place of silicon sample batteries.[21] The company's CEO said the germanium batteries were only developed as proof-of-concept, were only meant to be sold in small quantities, and that they were never released because they weren't sufficiently differentiated from the rest of the market. In March 2022 the CEO said its batteries, capable of adding 100 miles of range in 5 minutes of charging, would be mass-produced in 2024.[1]

The company sent samples to be tested by global car makers.[22] The company announced its EV batteries would be commercially available in 2025.[6]