LifeSafe, a fire safety technology business with innovative fire extinguishing fluids and fire safety products, announces the launch of its new Pre-Trauma Fluid, a unique, non-conductive coolant fluid designed specifically to prevent thermal runaway in battery packs that can be caused by overheating, overcharging, or damage.
The PTF is an innovative, patent-pending solution that prevents the threat of thermal runaway by significantly reducing the transfer of heat within a battery pack. The PTF is non-toxic, non-hazardous, and importantly non-corrosive, a significant leap forward in the efforts to better control battery fires in a safe and more sustainable way.
LifeSafe pre-trauma fluids
Lithium-ion battery need size was valued at $70 billion in 2022 and is hoped to top $380 billion by 2032
This fire prevention fluid has been in development for 12 months in conjunction with several interested parties, including the partners announced. The fluid, which has been engineered to prevent a fire event in a battery pack, can either be built into a battery unit or delivered by a fixed suppression system.
According to Precedence Research published in 2022, the global lithium-ion battery market size was valued at $70 billion in 2022 and is expected to surpass $380 billion by 2032. The market opportunity therefore for the LifeSafe pre-trauma fluids and thermal runaway fluids is both significant and growing.
Industrial Partnerships–Xerotech and Reacton
Xerotech specializes in the manufacture of high-performance, high-voltage batteries, and battery packs
LifeSafe is also pleased to announce, what the Board believes to be, a transformative development partnership and collaboration agreement, signed, with Xerotech Limited, one of the fastest-growing battery manufacturers in Europe.
Xerotech specializes in the manufacture of high-performance, high-voltage batteries, and battery packs across multiple sectors including, but not limited to, heavy machinery, defense, rail, and energy. The partnership agreement will support the development and application methods for the deployment of LifeSafe’s PTF and Thermal Runaway Fluid to tackle battery overheating and support the cooling systems.
Innovative PTF and TRF
Furthermore, LifeSafe also signed a partnership agreement with global fire suppression manufacturer Reacton Fire Suppression Limited, which specializes in the manufacture of automatic fire suppression systems for an extensive range of assets and industries. Following extensive testing and development, the partnership will enable Reacton to sell the innovative PTF and TRF as part of its global fire safety solutions.
Dominic Berger, Chairman of LifeSafe, commented: “We are proud to announce our new PTF fluid and two exciting industrial contracts that also see the beginning of new revenue streams for the business."
International growth of LifeSafe
We are equally very pleased to announce a partnership with Reacton following their first purchase order"
Berger added: "Our partnership with Xerotech will take our new, unique and innovative fluids into a wide range of industrial sectors with an industry pioneer and innovator. This partnership unites highly effective fluids and battery engineering experts in supporting the growing demand of lithium-ion batteries across multiple sectors."
“We are equally very pleased to announce a partnership with Reacton following their first purchase order of our pioneering Pre-Trauma Fluid taking our products into new markets and industries with a global industry pioneer. In combination with the recently announced distribution relationship with Wormald in Australia, these new partnerships open a new significant chapter in the international growth of LifeSafe as we look forward to 2024.”
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Tony McDonald, Head of Engineering at Xerotech, commented: “We are incredibly pleased to have signed this partnership agreement with LifeSafe which provides the opportunity for us to use their unique fluids within large-scale battery systems and vehicle applications worldwide.”
Ed Chivers, Global Certification Director at Reacton, commented: “We are delighted to have entered into a partnership agreement with LifeSafe following extensive testing and development and look forward to selling their innovative Pre-Trauma and Thermal Runaway Fluids as an integral part of our fire safety systems worldwide.”