Tucson, AZ – According to filings with the U.S. Securities and Exchange Commission, Sion Power is raising $240,345,595.00 in new funding. Sources indicate as part of senior management Chief Executive Officer, Tracy Kelley played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.

About Sion Power
Backed by more than 30 years of experience, Sion Power is changing the rechargeable battery industry with its advanced Licerion technology. Licerion is an advanced approach to lithium metal technology containing twice the energy in the same size and weight battery as traditional lithium-ion. Licerion batteries are an enabling technology, addressing markets such as electric vehicles (EV), electric verticle take-off and landing (eVTOL) aircraft, unmanned aerial vehicles (UAV), unmanned ground vehicles (UGV), and more. Headquartered in Tucson, Arizona, Sion Power is a privately held vertically integrated company with nearly 100 employees and nearly 500 patents issued and pending.

To learn more about Sion Power, visit http://sionpower.com/

Contact:
Tracy Kelley, Chief Executive Officer
520-799-7500
tkelley@sionpower.com

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