Founded in 2010 out of the University of Illinois Urbana-Champaign, Dayton-based Xerion Advanced Battery Corp. develops DirectPlate™, a single-step electrochemical process for refining critical minerals and producing advanced battery electrodes. The company has spent more than a decade developing electrodes with up to 100% active material and is commercializing the technology through operational cobalt-refinement and LCO-electrode pilot plants. Xerion’s team includes 15 PhDs and holds more than 23 patents.
Solidion Technology, IncSolidion Technology is a Dayton-based battery company built on the work of Honeycomb Battery Co., which was founded in 2015 and became part of Global Graphene Group the following year. Its more than 525 worldwide patents reflect a research-driven heritage that includes an R&D100 award for silicon anode material in 2018. Today, Solidion develops battery technologies for electric vehicles and other energy-storage applications.DAYTON, OH
Dynami Battery CorpDynami Battery Corp. develops patented electrode-production technology for lithium-ion batteries, creating ion pathways designed to enable five-times-faster charging without sacrificing capacity. Based in Binghamton, the company’s chemistry-agnostic platform uses less active material and can complement existing cell designs, including solid-state batteries. Its team combines battery, materials, electrical and chemical engineering expertise with advisors who have held senior roles at CATL, Magna International and General Motors.BINGHAMTON, NY
Stratus MaterialsFounded in early 2022 by battery expert and Carnegie Mellon professor Dr. Jay Whitacre, Pittsburgh-based Stratus Materials develops and produces LXMO™, a lithium manganese-rich, cobalt-free cathode material for lithium-ion batteries. The company is building domestic supply for electric vehicles and energy storage, producing LXMO on a 1-ton-per-year pre-pilot line while moving toward a 30-plus-ton pilot operation. Its materials are designed as a drop-in alternative for existing battery manufacturing processes.PITTSBURGH, PA
LiBama PowerBinghamton-based LiBama Power develops advanced metal anodes for higher-energy batteries, using its patented Advanced Metal Anode (AMA) structure to improve charging and energy storage without requiring battery makers to retool existing lines. Founded by Wentao Li, PhD, whose background spans more than 20 years in lithium batteries, the company is developing finished anodes for applications including electric vehicles and renewable-energy storage. Its initial prototypes are made in-house with existing machinery, with pilot manufacturing planned as customer evaluations progress.BINGHAMTON, NY