You are viewing a limited version of this profile. To access i3's full capabilities.
XALT Energy
Save
Company logo (jpg or png)
Parent company

Short description

Developer of lithium ion (NMC) batteries for the transportation, defense, industrial, and healthcare industries

Founded in 2009
Founded in

Company type Acquired Public ()
Company type

Industry Group energy & power

Sector energy storage

TRL Range 4-6
TRL 1 Basic research
TRL 2 Technology formulation
TRL 3 Applied research
TRL 4 Small scale prototype
TRL 5 Large scale prototype
TRL 6 Prototype system
TRL 7 Demonstration system
TRL 8 First of a kind commercial system
TRL 9 Full commercial application
TRL Range

Ticker

Headquarters Midland, MI Midland, United States
Address
City
State
Zip
Country

Parent Companies MBP Investors

Updated by Cleantech Group on 01/05/2022

Traction
  • 1 M&A items
tags
Similar companies
Customers
Save
Date Company
10/27/2021

MacLean Engineering MacLean Engineering

MacLean Engineering will use Xalt and Freudenberg battery systems in it heavy mining machines.

Confirmed by MacLean Engineering

Partnerships
Save
Date Partner Type
08/10/2021
ReCell Center ReCell Center
XALT Energy and the ReCell Center have launched a partnership to develop a recycling process for lithium-ion batteries.
View source    
Confirmed by ReCell Center
Project Development
Investment Rounds
Save

IPO INFORMATION

Date

IPO status

IPO Type

Amount

Initial shares

Ticker symbol

Exchange listed

Prospectus URL

Prospectus

Source URL

Source

Description

Date Investors Type Amount
08/10/2011 US Department of Energy (DOE) US Department of Energy (DOE) (1)
Post-money valuation of
The funds will contribute to the “Development of Large Format Lithium-Ion Cells with Higher Energy Density Exceeding 500 Wh/L” project proposed by the DOE. This project was a partnership with The Detroit Edison Company.
Grant $4,900,000
Click to add IPO information
Products
Save
Product image Name Product status Revenue model Cost metrics

XALT Energy Cells

Ideal for High Energy applications where space and/or weight are restricted or limited. Available in 31 Ah, 40 Ah, 53 Ah, or 75 Ah

Pilot/Early Revenue Products - Wholesale
$/kW (current)
$/kW (projected)
$/kWh (current)
$/kWh (projected)
You are viewing a limited version of this profile. To access i3's full capabilities.
Back to top

Preload svg text font