Solidion Chairman and CEO Jaymes Winters said the new DOE award highlights the strength of the company’s innovation and IP portfolio work. [Image: DI Studio composite; Credits: Zarina Lukash/istockphoto, Nasdaq Exchange footage, and Solidion]
The federal ARPA-E award adds to the Dallas-based company’s momentum as it advances next-generation battery materials and builds out new power tech for AI data centers.
The Hunt Energy Enterprises spinout—which closed a $7.5 million Pre-Series A funding round in February—said the new plant will commercialize its technology for "a cleaner and more economical battery future" for EV's and energy storage.
Backed by the Department of Defense and $200 million in private capital, the new facility helps companies prototype and scale battery technologies for both commercial use and national defense. The launch comes at a time when supply chain independence is a growing priority.
Government and industry leaders recently got a first look.
Under the agreement, Bitech will acquire battery energy storage systems and solar projects with estimated capacity of up to 5.8 GW. The move underscores a "unified commitment" to advancing the development of projects in the U.S. including in Texas, Arizona, and Louisiana, the companies said.
Irving-based Celanese Corp., a specialty materials and chemical company, has teamed up with Hong Kong-based VIGOR Precision Ltd., a manufacturer of plastic gears, to develop lightweight plastic joints for humanoid robots....
Irving-based Celanese Corp., a specialty materials and chemical company, has teamed up with Hong Kong-based VIGOR Precision Ltd., a manufacturer of plastic gears, to develop lightweight plastic joints for humanoid robots....