Elevated Materials is a newly formed independent company that aims to supply ultra-thin, uniform lithium films for batteries for EVs, eVTOLs and e-aircraft, energy storage systems and consumer electronics. The company’s technology can be applied across graphite, silicon and lithium metal anodes.

The company has received investments from TPG’s Rise Climate fund and Applied Materials.

“Elevated Materials’ expertise in thin film technology is a big step for next-generation batteries,” said Dr. Peter Lamp, Principal Expert Battery Cell Technology, BMW Group. “Its solutions are key to overcoming challenges in energy density and anode-specific capacities, such as silicon oxide materials or lithium-metal. I am confident that Elevated Materials’ technology has high potential to enhance lithium-ion cell performance.”

“Today’s battery market is under immense pressure to deliver improved battery performance and lower cost,” said Jim Cushing, CEO of Elevated Materials. “We are helping our customers solve these challenges with our differentiated roll-to-roll vapor deposition technology. Elevated Materials’ advanced lithium films maximize energy density and provide a cost-effective solution for gigawatt-hour-scale production.”

Source: Elevated Materials