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Firefly revolutionary battery technology was originally developed at the Research and Development laboratory of CATERPILLAR, Inc., a world-renowned manufacturer of heavy equipment, with significant internal investments and funding from major financial institutions.

When CATERPILLAR made a decision to shed its non-core equipment businesses in 2010, Firefly International Energy Co. acquired the technology along with all the existing patents, manufacturing equipment and key personnel.

With new investments, the company is now internally manufacturing the patented Microcell Carbon Foam, the key ingredient in the new revolutionary battery, at a fraction of the cost, The company has also set up a large scale, world class manufacturing facility in India under a licensing arrangement.

Firefly International Energy Co. has granted a technology license to Prandev Batteries Pvt. Ltd., India, for the production of its patented Microcell Carbon Foam battery technology. Under this strategic collaboration, Prandev has established a state-of-the-art manufacturing facility in India, equipped with advanced imported and domestic machinery, to produce high-performance carbon foam batteries. In addition to manufacturing, Prandev is also authorized to market and supply these advanced batteries across global markets, ensuring consistent quality, scalability, and cost-effective delivery of next-generation energy storage solutions worldwide.

Awards

Winner of the 2006 Frost & Sullivan “Entrepreneurial Company of the Year” & “Technology Innovation of the Year” Award

Winner of the 2007 “R&D 100” Award

Winner of the Wall Street Journal 2007 “Technology Innovation” Award