U-M Battery Spin-Out Sakti3 Sold To Dyson For $90 Million
ANN ARBOR – University of Michigan spin-out, Sakti3, has been acquired by vacuum cleaner manufacturer Dyson, which plans to incorporate its solid-state Lithium-ion technology to improved battery life on its cordless vacuums – plus deliver new products and build a battery production plant. The deal was reported to be worth $90 million. Dyson founder James