German startup Theion emerged from stealth Tuesday to unveil a battery design, and CEO Ulrich Emmes tells Alan the company will be raising funding in the coming weeks.
Why it matters: The novel lithium-sulfur design, set to first deploy in space rockets, could enable cars to travel 600-plus miles on a single charge, CEO Ulrich Ehmes tells Axios. It would also enable a significant expansion in electric air travel.
