Marine News – Batteries: Ready to Scale Up

In an interview Wrightsman commented that maritime battery applications, indeed, have reached an off-the-shelf status, but he still characterized the U.S. market as “pilot scale”, at least compared to European and Asian markets. Wrightsman said that the battery supply chain presents challenges. Lithium costs have increased, and future demand will add pricing pressures. Raw materials are available today, but he expects supply risks by 2030. “If you don’t change anything,” he noted, with particular reference to the U.S. regulatory process, “we run risks of shortages. We need domestic production.”

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Les Alexander comes to BIC with more than 25 years of executive leadership experience in the commercial and national security sectors, most recently serving as Vice President of Government and Defense R&D at Navitas Systems an East Penn Company. Prior to starting his business career, he served the country for 12 years as an officer in the United States Navy rising to the level of Lieutenant Commander.

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