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At the Battery Innovation Center Luncheon in Indianapolis in the Fall of 2017, Paige Johnson accepted the BIC award and told the world about the company’s development of a new material with energy density that reached parity with fossil fuels. Since then, we’ve been working with partners to define product-market fit and install a manufacturing line to provide our revolutionary battery material in tonnage quantities.
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July 22, 2021
Hauger comes to Ten-Nine Tech after serving as CFO of LION and Clopay Plastics – two companies focused on providing vital industrial goods and services. Prior to 2010, Hauger spent 25 years with Procter and Gamble, starting in operations and finance management roles, and culminating as Global Financial Operations Manager, enabling progressive change in sales, research, and administrative systems. Hauger holds a BS in Chemical Engineering from Penn State University, and an MBA in Finance and Accounting from Xavier University.
As Ten-Nine Tech’s CFO, Hauger taps her manufacturing, finance, and accounting expertise to design systems and eliminate barriers. “We want to get our product out into the market,” she says, “anything that I can do to make that happen effectively is my priority.” Hauger will work with current team members to unlock the power of supply chains, optimize internal processes, and recognize external opportunities. She also brings decades of strategic analysis experience with large manufacturers to her advisory role in spending current investments wisely, while working closely with Ten-Nine Tech’s founder and Chief Executive Officer (CEO), Paige Johnson, to develop future capital partnerships.
“At Ten-Nine Tech, we’re all about creating new materials that make people’s lives better,” says Johnson, “and that means that Carolyn’s background, skills and motivations mesh perfectly with our company, especially as we prepare for tonnage production of our breakthrough new battery material, TENIX™.” Like Johnson, Hauger appreciates the power and the value of people who produce products that make a difference in the world. Her focus, tenacity, and deep skill set will positively impact Ten-Nine Tech’s ability to get battery materials to market efficiently and effectively in Tulsa, Oklahoma.
May 7, 2020
TULSA – i2E Management Company, Inc. (iMCI) and Ten-Nine Technologies (http://ten- ninetech.com/) are pleased to announce the closure of $5 million in Series A financing for new research and development facilities as well as a manufacturing plant capable of tonnage battery material production. The new funds will also be used to build out Ten- Nine Technologies’ engineering, business development and managerial team and continue development of its innovative battery materials.
The iMCI-led investment in Ten-Nine Technologies includes $1.65 million from the Oklahoma Seed Capital Fund, as well as $500,000 from the Accelerate Oklahoma Fund and $350,000 from the Oklahoma Angel Fund. Oklahoma Seed Capital Fund, Accelerate Oklahoma Fund, and the Oklahoma Angel Fund are each managed by iMCI. Regional investors provided $2.5 million to close out the round.
Company CEO, Paige Johnson, a noted research chemist and nanotechnology inventor, founded Ten-Nine Technologies in 2014 to develop new materials for emerging economies. She describes the company’s mission as “changing the world from the nanoscale up by thinking differently about the electroactive materials that power it.” Johnson received the Battery Innovation Center (BIC) award for the development of hydrocarbon parity lithium battery technology in 2017.
Ten-Nine Technologies’ proprietary materials, manufacturing procedures and batteries are the subject of four issued patents and 15 additional national and international patent filings. With the addition of iMCI-led Series A funding, Ten-Nine Technologies emerges as one of Tulsa’s first economic engines of the future of energy. Nanomaterials from the line at Ten-Nine Technologies will soon extend the battery life of the things we rely on most.
“Batteries are a foundational technology of modern life, but have not kept pace with other innovations in sustainable energy and advanced electronics. New materials and new approaches are needed to power the electric future, and Ten-Nine is proud and excited to be a part of that, especially in our home state of Oklahoma.”
The addition of Series A funding to Ten-Nine’s balance sheet underscores the commitment of Oklahomans and other regional investors to the future, even in a time of economic uncertainty. This new capital will accelerate manufacturing, market entry and adoption of Ten-Nine Technologies’ innovative battery materials as well as provide new jobs and opportunities for Oklahomans.
Downloadable Resources
NAATBatt Annual Meeting
February 10, 2021
NAATBatt Annual Meeting
February 12, 2020
Battery Innovation Center Annual Meeting
December 5, 2017
NAATBatt Annual Meeting
February 10, 2021
NAATBatt Annual Meeting
February 12, 2020
Battery Innovation Center Annual Meeting
December 5, 2017