Solidion Technology Inc. (NASDAQ: STI) announced it has entered into a binding agreement with Hilco Global's IP Services Practice to monetize its energy patent portfolio and enforce patent rights. The Dallas-based battery technology company holds over 345 patents covering innovations in battery materials and components.

According to the company's press release, Hilco Global analyzed Solidion's patent portfolio and identified high-value assets. The analysis suggests that companies across multiple sectors, including energy storage, semiconductors, consumer electronics, and aerospace, may require licenses to use Solidion's patented technology.

"The entire energy storage ecosystem has repetitiously utilized several of Solidion's foundational patents to monetize their business models," said Jaymes Winters, Chief Executive Officer of Solidion Technology. The company estimates its portfolio value could exceed $750 million.

Karl Maersch, head of the Patent Analysis & Monetization Group at Hilco IP Services, stated that Solidion's portfolio covers various aspects of graphene and battery technology with applicability across multiple industry segments.

Solidion operates with headquarters in Dallas, Texas, and pilot production facilities in Dayton, Ohio. The company manufactures battery materials and components while developing next-generation batteries for energy storage systems, including UPS systems for AI data centers and electric vehicles for various transportation applications.

Hilco Global, a subsidiary of ORIX Corporation USA, provides financial services and capital solutions across multiple sectors. The company is based in Northbrook, Illinois, and operates with more than 810 professionals on four continents.