Li-S Energy (ASX:LIS) completed its first uncrewed aerial vehicle (UAV) test flights, with a 12-cell lithium-sulfur battery pack, according to a filing with the Australian bourse.
The flight tests showed the company's lithium-sulfur cells' ability to be integrated into a fixed-wing UAV, flown in a typical flight profile including take-off, ascent, level flight, aerial maneuvers, and safe landing, the Monday filing said.
The company constructed the 6S2P battery pack using twelve 10-ampere-hour lithium-sulfur cells from the third phase production line, according to the filing.
Li-S Energy shares fell nearly 5% in afternoon trade Tuesday.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.