Tech Track 100

Developing lithium-sulphur batteries, which it says can pack in five times more energy than traditional rechargeable lithium-ion batteries, making them an ideal fuel source for electric vehicles and aeroplanes. In May it announced it is building a factory in Brazil, set to open in 2023 and make 5m batteries per year. This follows a £3.8m minority investment from Brazilian private equity firm Aerotec in February 2018. It has raised £49m in funding in total, including from South Africa’s Sasol. Since 2010, the company has been run by chief executive Huw Hampson-Jones, 65, who previously led software companies IKIVO AB and Mobeon AB.

This profile reflects the company at time of publication and does not reflect any changes that may have subsequently occurred. Fast Track and its sponsors do not endorse, guarantee or recommend investment in any of the companies.

Company details
CompanyOXIS Energy
ActivityLithium-Sulphur battery manufacturer
Latest sales £000s2,288

If applicable:

* supplied by company † annualised figure