Shorewood-based startup SafeLi LLC has received a $1 million federal grant to further commercialize the graphene-based materials it has developed to disrupt the lithium-ion battery market.

SafeLi was founded in December 2016 by University of Wisconsin-Milwaukee professors Carol Hirschmugl and Marija Gajdardziska-Josifovska. The physicists have developed lithium-ion battery parts made from a patented material called graphene monoxide, which boosts the energy storage capacity of li-ion batteries.

The grant, awarded by the U.S. Department of Energy through the Small Business Technology Transfer program, follows SafeLi’s completion of a phase one technical and commercial proof-of-concept grant award. Read the full story here.