GROUP14 TECHNOLOGY

Washington State Governor Jay Inslee met with Group14 at the site of our pilot-scale facility and lab located in the REC Silicon factory in Moses Lake, WA. During his visit, CEO Rick Luebbe, provided Governor Inslee and his team with a detailed overview of our patented and commercially manufactured lithium-silicon battery anode, SCC55™, that will enable the next-generation of battery technologies today.

The new commercial-scale 27,000-square foot U.S. manufacturing factory to meet demand for higher-performing lithium-silicon anode materials. The new factory, located at Group14 HQ in Woodinville, Washington, also will house a new world-class R&D center, corporate offices, and serves as the first of several planned commercial manufacturing sites that will solidify the company as a global leader in advanced energy storage technologies.

Between our devices and electric vehicles, we are acutely aware that the batteries behind the scenes determine the capacity and capabilities of our technology. On episode 263 of Mission.org’s IT Visionaries podcast, CTO Rick Costantino shares how Group14’s innovative drop-in lithium-silicon anode technology creates a better and more sustainable energy storage solution to accelerate the electrification of everything.

“Imagine you go to buy your Toyota Camry or your Chevy Malibu and you have an option of an all-electric version with a 300-mile range or an internal combustion version with about a 300-mile range — and they are both exactly the same cost,” Listen to the full episode to see how Group14’s battery technology is catalyzing the electric future.

New Yokohama and Seoul headquarters position the company to meet customer demand for high-performing battery materials from major Asian markets. With the vast array of major consumer electronics and electric mobility players in APAC, the international expansion positions Group14 as a key global supplier to meet increasing customer demand for high-performing lithium-silicon battery materials.

Led by South Korea's SK materials, the investment highlights growing global demand for high-performance, sustainably-sourced battery materials. Group14 will leverage this operating capital to scale production to meet the increasing demand for its flagship product SCC55™, which affords up to 50% more energy density than conventional graphite for lithium-ion batteries.

Washington plant marks the rise of the Pacific Northwest as a lithium-ion supply chain hub. The large-scale commercial facility will be the first and largest silicon-carbon anode material plant globally that will enable lithium-silicon batteries and accelerate the electrification of everything. The facility will be powered by clean hydro-electric power and has been designed to be carbon-neutral.

Materials technology breakthrough, Scaffold Prime™, enables 30-50% density increase with silicon-carbon, tunable battery materials for the electrification of everything megatrend. Group14 leading $5 million project to integrate best-in-class synergistic technologies to achieve a revolution in lithium-ion battery performance. Initial markets include electric vehicles, consumer electronics, medical devices and aerospace.

Announcing $18 million in new financing from Amperex Technologies Limited, Showa Denko, Cabot Corporation, BASF Venture Capital, and OVP Venture Partners, the new funds will be used to scale up manufacturing of a next generation anode material and advance into commercial production. The participation of these industry leaders together is strong validation of Group14's performance, scalability, and strong intellectual property position, not to mention the enormous market opportunity.

Independent spin-off company will commercialize cost-effective advanced silicon-carbon composite anode materials for lithium-ion batteries. Group14 will manufacture silicon-carbon anode materials with increased energy capacity compared to currently available materials while maintaining the low cost and high cycle life of graphite. The U.S. Department of Energy (DOE) is supporting the project with a $2.8 million grant.