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Lithion Battery
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Developer and manufacturer of Lithium Iron Phosphate and Lithium-Ion Battery Cells, Modules and Battery packs

Founded in 2021
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Company type Private Public ()
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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
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Headquarters United Kingdom United Kingdom
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Updated by Sunena Gupta at on 05/17/2024

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Date Partner Type
05/14/2024
Naval Sea Systems Command Naval Sea Systems Command
Awarded a $8.0 million firm fixed-price contract with the Naval Sea Systems Command, Washington, D.C. (“Navy“) for research and development activities associated with advancement and improvement in current and future shipboard electric power and energy systems.
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Confirmed by Naval Sea Systems Command
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Date Investors Type Amount
05/14/2024 Naval Sea Systems Command Naval Sea Systems Command (1)
Post-money valuation of
Awarded a $8.0 million firm fixed-price contract with the Naval Sea Systems Command, Washington, D.C. (“Navy“) for research and development activities associated with advancement and improvement in current and future shipboard electric power and energy systems.
Grant $8,000,000
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