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- Lyten Acquires Cuberg Facility to Boost Lithium-Sulfur Battery Production
Lyten Acquires Cuberg Facility to Boost Lithium-Sulfur Battery Production
Slice of Manufacturing Team
December 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
Notable Quotes:
“The acquisition of additional manufacturing capacity for Lithium-Sulfur is in direct response to fulfilling customer demand more quickly.”
“We are thrilled for the opportunity to continue the buildout and expansion of the San Leandro facility to accelerate delivery of Lithium-Sulfur batteries to customers.”
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.