Monday, June 21, 2010

Contour Energy Expands In UK

Azusa-based Contour Energy Systems, the Caltech spinout working on Flourine-based battery systems, said today that it has opened up a new limited subsidiary in the United Kingdom. Contour Energy said that the new location will provide a "strategic presence" in advance of its rollout of its commercial battery systems in Europe. The firm said that it has opened a headquarters in Midlands, UK headed by Simon Lee-Overy. Lee-Overy was previously at Energizer. Contour Energy was formerly known as CFX Battery, and is venture backed by CMEA Ventures, Harris and Harris, Schlumberger, and US Venture Partners. Contour is developing battery technology originally developed at Caltech and the CNRS, the French National Center for Scientific Research.

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