Innovate Alabama Funds Johnson’s Battery Tech

Innovate Alabama is joining investments by NBA Hall of Famer Magic Johnson and NFL All-Pro Myles Garrett by placing a $1-million investment with Mobile native and inventor Lonnie Johnson, AL.com reports. Johnson will use the money for his company, Johnson Energy Storage (JES) of Tuskegee, to research all-solid-state batteries. Johnson is also a former NASA engineer who has spent 25 years researching battery technology and is the creator of the Super Soaker water gun. Innovate Alabama is responsible for allocating funds from the State Small Business Credit Initiative, a federal program reauthorized under the American Rescue Plan Act. JES is among the first companies to receive funding from InvestAL. Many JES engineers and scientists are Tuskegee University alumni, with Johnson also being an alumnus.

Read More

CHRISTMAS JUBILEE STARTS TODAY

Christmas Jubilee Starts Today

Lush Opens New Downtown Mobile Location

LUSH Opens New Downtown Mobile Location

BBN-fallback

ADCNR Public Meetings Announced

BBN-fallback

November 15 Real Estate Update

BBN-fallback

Foley High School To Host Marketing And Career Day For Students

BALDWIN COUNTY OCTOBER 2024 HOUSING REPORT

Baldwin County October 2024 Housing Report

Wilkins Miller Accountant Passes CPA Examination

Wilkins Miller Accountant Passes CPA Examination

Gulf Shores Garden Club Seminar Announced

Gulf Shores Garden Club Seminar Announced

HAYGOOD JOINS AVIZO GROUP

Haygood Joins Avizo Group

Subscribe to our weekly newsletter

Sign up here for free to get Bay Business News email newsletter every Friday.

By subscribing, you agree to our User Agreement and Privacy Policy & Cookie Statement.

Something went wrong. Please check your entries and try again.

Subscribe to our weekly newsletter

Sign up here for free to get Bay Business News email newsletter every Friday.

Please enter a valid email address.
Something went wrong. Please check your entries and try again.