Chicago-based company SiNode Systems has won this year’s Sustainable Practice Impact Award to honor a company that develops clean technologies, implements sustainable practices, or provides exceptional educational opportunities to university students. The award will be presented during a luncheon on Saturday, March 25th in Washington, DC as part of VentureWell’s annual Open conference.
SiNode Systems is being honored for their silicon graphene composites which enable longer lasting, faster-charging batteries for mobile devices or laptops as a replacement for today’s unsustainable demand on lithium-ion batteries. SiNode Systems also hopes to evolve its technology to work for cars. Last year, the company was awarded a $4 million contract from the U.S. Department of Energy and major automotive companies to develop a better car battery.
“SiNode is a great example of the impact that students can have as technological innovators, founders, and the agents that commercialize and scale research breakthroughs,” said Phil Weilerstein, president of VentureWell.
The award will be presented to SiNode Systems CEO and Co-founder Samir Mayekar at a Saturday luncheon at the Hyatt Regency in Washington, DC. The award ceremony will feature a keynote address by John Warner, president and chief technology officer of the Warner Babcock Institute for Green Chemistry. Warner is a green chemistry pioneer and the recipient of the 2014 Perkin Medal, widely acknowledged as the highest honor in American Industrial Chemistry.
“We are thrilled to support the Sustainable Practice Impact Award as well as our 20+ year investment in VentureWell. SiNode’s creation of a longer-lasting battery exemplifies our foundation’s commitment to a concept called ‘impact inventing’ – inventions with the triple purpose of creating positive social impact, being environmentally responsible and the ability to develop into a financially self-sustaining business,” said Carol Dahl, executive director of The Lemelson Foundation, which supports the award.
SiNode originated at Northwestern University from research supported by institutional organizations including the Institute for Sustainability and Energy at Northwestern (ISEN). Article originally published by Northwestern's Farley Center for Entrepreneurship and Innovation.