Cool Amps Corp processes hazardous battery scrap at the point of generation to neutralize risk and recover valuable critical materials. This on-site processing reduces storage time and minimizes environmental, health, and safety (EHS) exposure for manufacturers. The reclaimed materials are returned to inventory or sold, creating new cash flow and enhancing supply chain security.
Funding
$50K raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
USFounders
Product
Problem
The United States lacks control over 80% of the lithium battery value chain, particularly the sourcing of critical metals like cobalt, lithium, and nickel. Traditional lithium-ion battery recycling methods are often energy-intensive, rely on high-temperature processes like black mass processing, and can result in significant greenhouse gas emissions.
Solution
Cool Amps offers a lithium-ion battery recycling service that utilizes a patent-pending electrochemical process to efficiently extract transition metals. This method avoids the need for energy-intensive black mass processing, which requires calcination at approximately 800 degrees Celsius. By co-locating the electrochemical process, Cool Amps minimizes material transport, reduces energy consumption, and lowers greenhouse gas emissions compared to traditional hydro and pyro metallurgy methods. The process can also identify end-of-life battery chemistries and process them into new cathode active materials, supporting a closed-loop supply chain.
Target Audience
The primary target audience includes organizations seeking to establish a sustainable domestic lithium battery ecosystem, meet state and federal regulations, and those in industries such as defense requiring higher energy-dense chemistries.
Features
- Electrochemical process for direct extraction of transition metals from lithium-ion batteries
- Avoidance of energy-intensive black mass processing
- Reduced material transport through co-location of recycling processes
- Lower greenhouse gas emissions compared to traditional recycling methods
- Capability to identify and process various end-of-life battery chemistries
- Production of new cathode active materials for a closed-loop system
- Ability to process higher energy-dense chemistries