Vaulta, a start-up to build a smart, safe, and clean lithium battery for Australian homes
The ARM Hub is supporting a Queensland start-up to build a smart, safe, and clean lithium battery for Australian homes. In short, Vaulta built an Industry 5.0 technology for recycling and reuse.
CHALLENGE OF LITHIUM-ION BATTERIES
Lithium batteries store more energy in a smaller and lighter package, retain their charge longer when not in use, and operate effectively across a wide range of temperatures. This combination underscores their potential in driving forward the transition to cleaner energy. However, concerns persist about their resource-intensive production, fire risk, and end-of-life disposal.
WHAT THE ARM HUB HAS DONE
Vaulta is a Member and tenant at the ARM Hub. The ARM Hub has provided space, expertise, and investment and promotional opportunities for the company since its arrival in December 2023.
New APPROACH
Vaulta is a Brisbane-based start-up creating a ‘smarter, safer, and cleaner’ lithium battery pack for stationery storage applications, such as homes (not cars). CEO and founder Dominic Spooner says battery cases are one of the main barriers to performance and recycling; they contain too many parts, which adds unwanted size and weight and are expensive to recycle.
Vaulta does not weld its battery packs, allowing technicians to access the battery at the cell level. The packs also have a communications-enabled battery management system that allows the company to remotely repair problems if they arise in the field. Using advanced composite materials and a smart, streamlined design, Vaulta’s battery casing condenses multiple functions into fewer parts. The no-weld design means modules can be easily assembled and disassembled, and cells can be reused and recycled, reducing waste and, crucially, giving batteries a second life. In terms of safety, Dominic says the batteries meet all certification and compliance requirements and the BMS ensure it is safe for the home.
“The Vaulta battery is enabling a faster transition to electricification. We are using locally designed and manufactured technology that is funded in part by the Australian and Queensland governments and is backed by ASX listed investors,”
Dominic Spooner
CEO and Founder of Vaulta
