Six-K is a firm using a novel plasma-furnace process developed at MIT to manufacture key battery components that cut the time and cost of battery production by a very dramatic percentage. Holman is a long time veteran of battery technology firms including A123 and he described how the traditional approach to creating some battery parts takes a couple days to complete while his firm uses its microwave-based plasma process that burns at 6,000°F, hence the name of his company, to make the ingredients in mere seconds, a time and cost savings he believes can drastically improve the economics for battery storage on the grid.