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Wednesday, Jul 24, 2024
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Former Qualcomm President Steve Altman Joins Enevate Corp.

San Diegan Steve Altman has joined the advisory board of Enevate Corp., an Irvine-based company developing a new kind of lithium-ion battery.

Altman previously worked as president and vice chairman of Qualcomm Inc. The attorney was an early hire at Qualcomm (Nasdaq: QCOM), becoming the chief architect of the way Qualcomm licenses its intellectual property and helping bring the company’s CDMA technology to a market dominated by another standard. CDMA stands for Code Division Multiple Access.

Among the venture capital funds that have invested in Enevate is San Diego-based Mission Ventures. Enevate grew out of technology developed at the University of California, Irvine.

Enevate makes batteries with more power density than the standard lithium-ion battery. As a result, a smaller battery can provide more punch, or a same-size battery can last longer than its conventional counterpart. Such batteries might make an ultra-thin laptop computer possible, as well as more capable smartphones and tablet computers. Brian Wong is Enevate’s CEO.

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