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Lyten
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Developer of lithium-sulfur batteries and 3D graphene materials

Founded in 2015
Founded in

Company type Private Public ()
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Industry Group materials & chemicals

Sector advanced materials

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

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Headquarters United States United States
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Updated by Sunena Gupta at on 10/24/2023

Edited by Cleantech Group on 04/16/2025

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Date Partner Type
03/07/2023
Amazon Web Services (AWS) Amazon Web Services (AWS)
Selected to be part of the AWS Clean Energy Accelerator
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Confirmed by Amazon Web Services (AWS)
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IPO INFORMATION

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Date Investors Type Amount
12/18/2024 US Export-Import Bank (Ex-Im) US Export-Import Bank (Ex-Im) (1)
Post-money valuation of
The-finance will be used to build a lithium-sulfur battery gigafactory in Reno, Nevada. The facility is scheduled to come online in 2027 and reach 10 GW annually at full capacity. Additionally, in November, Lyten announced the acquisition of Northvolt’s battery manufacturing facility in San Leandro, California, which Lyten intends to ramp up for commercial sales in the second half of 2025.
Project Finance $650,000,000
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