Lyten Acquires Cuberg Facility to Boost Lithium-Sulfur Battery Production
Slice of Manufacturing Team
Nov 15, 2024
Key Highlights:
- Lyten acquires Cuberg’s San Leandro lithium-metal facility, expanding capacity to 200 MWh/year.
- $20M investment planned for 2025, targeting defense, drone, and energy storage markets.
- San Leandro production begins in H2 2025, supporting NDAA and Inflation Reduction Act compliance.
- Batteries are lighter, cost-effective, and U.S.-manufactured using local materials, bypassing nickel and cobalt.
Source: Business Wire
Quotes
“ “The acquisition of additional manufacturing capacity for Lithium-Sulfur is in direct response to fulfilling customer demand more quickly.” ”
Dan Cook, CEO at Lyten
Our Take:
Lyten’s strategic acquisition of Cuberg’s San Leandro facility signals a robust move to establish dominance in the next-generation battery market. With Lithium-Sulfur batteries poised to disrupt current energy storage solutions due to their high energy density, cost efficiency, and compliance with U.S. manufacturing policies, Lyten is positioning itself as a leader in sustainable technology. The company’s rapid scaling aligns perfectly with growing defense and aerospace demands, ensuring it meets the dual goals of innovation and policy adherence. The $20M investment underscores a commitment to both domestic production and advancing technology to reduce reliance on critical minerals, marking Lyten as a key player in the U.S. battery revolution.
