Thu. May 30th, 2024

Blackstone Technology, a battery start-up from Saxony, Germany, has filed for bankruptcy after failing to secure a buyer for its 3D-printed battery technology. The company had promised to revolutionize the global market with batteries made from 3D printers, and had secured millions in funding from governments and investors. However, the insolvency administrator has not yet found a buyer for the company, and 84 creditors have registered claims totaling €16 million. The bankruptcy has raised questions about the viability of the 3D printing technology for battery production and the effectiveness of government funding for start-ups.

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