Battery startup Sion Power is pivoting from building batteries for all-electric vehicles to focusing on batteries for drones and defense applications. CEO Pamela Fletcher (ex-GM) said the defense market offers a faster path and urgent need, implying a potential acceleration to commercialization and revenue visibility versus the longer EV supply cycle.
Battery startup Sion Power is pivoting from building batteries for all-electric vehicles to focusing on batteries for drones and defense applications. CEO Pamela Fletcher (ex-GM) said the defense market offers a faster path and urgent need, implying a potential acceleration to commercialization and revenue visibility versus the longer EV supply cycle.
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