The company, which has state-of-the-art facilities in Tucson, Arizona, and Texas, received a grant for a project focused on developing high-performance solid polymer electrolyte nanocomposites for lithium-ion polymer batteries. The goal is to create a safe and competitive alternative to current battery technologies, with potential applications in batteries, sensors, capacitors, fuel cells, displays, and memory devices. Additionally, the company's Aquazol-based copolymers have potential applications in fields such as personal care and medical products.