Lyten Acquires Cuberg Facility to Boost Lithium-Sulfur Battery Production
Slice of Manufacturing Team
12/03/2024
Key Highlights:
- Lyten acquires Cuberg’s San Leandro lithium-metal facility.
- Plans $20M investment in 2025 for facility expansion.
- Targets 200 MWh annual production capacity by late 2025.
- Focus on defense, drones, micromobility, and energy storage.
- Fully compliant with US National Defense Authorization Act (NDAA).
Source: Direct
Quotes
“ “The acquisition of additional manufacturing capacity for Lithium-Sulfur is in direct response to fulfilling customer demand more quickly.” ”
Dan Cook, CEO and Co-founder at Lyten
Our Take:
Lyten's strategic acquisition of Cuberg's San Leandro facility marks a significant milestone in scaling lithium-sulfur battery technology, positioning the company as a leader in the US battery manufacturing sector. With growing defense and commercial applications, Lyten's expansion aligns with national priorities for a robust domestic supply chain. By leveraging locally sourced materials and focusing on high-performance, cost-efficient solutions, Lyten sets a compelling benchmark for sustainable energy innovation. Their aggressive timeline for commercial production and partnerships with key industries underscore their commitment to meeting the surging demand for advanced battery technologies.
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