Acquisition of base station lithium batteries

How much does the DoD invest in lithium battery technology?

These include the development of a complementary DoD Lithium Battery Science and Technology Strategy, as well as DoD investments in test and evaluation infrastructure, analytics, and battery standardization. In Fiscal Year 2023 alone, DoD will invest $43 million in these areas.

Does China dominate the lithium battery supply chain?

The problem, however, is that China presently dominates that supply chain." The Department of Defense (DoD) has published the Lithium Battery Strategy 2023-2030, signed by the Under Secretary for Acquisition and Sustainment, Dr. William LaPlante.

Does Lyten make lithium-sulfur batteries?

Lyten already makes lithium-sulfur batteries in Silicon Valley and sells them into the drone and defense markets. It’s preparing to send batteries to the International Space Station and is working with its investor, Stellantis, on EV applications. The latest acquisition is being funded through private equity investment.

Is Lyten lithium-sulfur coming to ISS in 2024?

In 2024, Lyten announced its integration into Chrysler’s Halcyon Concept electric vehicle, plans to integrate lithium-sulfur into AEVEX Aerospace’s unmanned aerial vehicles, and the selection of Lyten Lithium-Sulfur for demonstration on-orbit aboard the International Space Station (ISS), scheduled for launch later in 2025.

Is Lyten acquiring Northvolt's battery energy storage system?

Lyten additionally announced the acquisition of Northvolt’s Battery Energy Storage System (BESS) product portfolio in Stockholm, Sweden. Core members of the energy storage engineering team are joining Lyten.

Where are Lyten batteries made?

The company lists more than 540 patents granted or pending and is currently manufacturing in San Jose, CA. In November 2024, Lyten announced the acquisition of Northvolt’s battery manufacturing plant in San Leandro, California to scale production to meet the demand for American made batteries.