LYTEN


Associated tags: Lithium, Lithium battery, Semiconductor, Patent, Health, Landing slot, Battery, Safety, Transport, Engineering, EV, Manufacturing, Carbon, Automotive Manufacturing, Automotive, Consumer Electronics, Other Transport, General Automotive, Chemistry, Nickel, Electric battery, Silicon, Batteries, Graphene, Electric Vehicles, Cobalt

Locations: NETHERLANDS, VAUXHALL, EUROPE, US, LUXEMBOURG, EUROPEAN UNION, UNITED STATES, NORTH AMERICA, CALIFORNIA, CHRYSLER, SULFUR, CA, WALBRIDGE, EU, SAN JOSÉ

Lyten Ships Lithium-Sulfur Battery A-Samples for Automotive, Consumer Electronics, and Military Customer Evaluation

Retrieved on: 
Wednesday, May 8, 2024

(Photo: Business Wire)

Key Points: 
  • (Photo: Business Wire)
    Lyten manufactures lithium-sulfur cells in both pouch and cylindrical formats (2170 and 18650) and is currently shipping the 6.5 Ah pouch cell format for customer evaluation.
  • Later this year, Lyten plans to deliver cylindrical A samples for evaluation.
  • “The world needs a practical, mass market battery, and that is what we are building with our lithium-sulfur technology,” stated Celina Mikolajczak, Chief Battery Technology Officer at Lyten.
  • Please go to www.lyten.com/contact-us/ to enquire about joining the waitlist for Lyten’s lithium-sulfur battery samples and spec sheet.

Lyten Achieves Manufacturing Milestone; Now Producing Lithium-Sulfur Batteries At Greater Than 90% Yield

Retrieved on: 
Tuesday, March 12, 2024

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20240312784103/en/
    The lithium-sulfur manufacturing performance has been achieved utilizing standard lithium-ion manufacturing equipment and processes.
  • The conversion of lithium-ion equipment to produce lithium-sulfur batteries in Lyten’s pilot facility required 6 weeks and less than 2% of the total capital cost.
  • This confirms Lyten’s ability to rapidly scale by converting existing Li-ion gigafactories to lithium-sulfur with minimal cost and time.
  • Lyten is executing engineering and design, procuring equipment, and evaluating locations to rapidly scale up lithium-sulfur manufacturing to meet growing interest from EV, trucking, space, aerospace, and government customers.

Chrysler’s Halcyon Concept EV to be powered by Lyten Lithium-Sulfur Batteries

Retrieved on: 
Wednesday, February 28, 2024

Lyten, a supermaterial applications company and the leader in lithium-sulfur battery technology, announces its battery has been selected as the power source for the visionary Chrysler Halcyon Concept.

Key Points: 
  • Lyten, a supermaterial applications company and the leader in lithium-sulfur battery technology, announces its battery has been selected as the power source for the visionary Chrysler Halcyon Concept.
  • The pilot line is producing lithium-sulfur cells in both cylindrical and pouch formats utilizing the same equipment and manufacturing processes as traditional lithium-ion batteries.
  • Lyten has raised more than $410M in funding to date, including investments from Stellantis, FedEx, and Honeywell.
  • Lyten is currently progressing plans for scaled up lithium-sulfur manufacturing to meet demand from the automotive, aerospace, and defense sectors.

Lyten Secures $4 Million U.S. Department of Energy Grant to Accelerate Commercialization of High-Capacity, Long Cycle-Life Lithium-Sulfur Batteries

Retrieved on: 
Tuesday, January 30, 2024

Utilizing abundantly available and low-cost sulfur, the lithium-sulfur chemistry has the potential to deliver greater than twice the energy density of lithium-ion NMC (nickel, manganese, cobalt) chemistries.

Key Points: 
  • Utilizing abundantly available and low-cost sulfur, the lithium-sulfur chemistry has the potential to deliver greater than twice the energy density of lithium-ion NMC (nickel, manganese, cobalt) chemistries.
  • For this grant, Lyten is working with Stanford University, the University of Texas-Austin, and industrial partner Arcadium Lithium (formed via merger of Livent and Allkem).
  • Separately, Lyten is a subrecipient on a DoE grant awarded to Purdue University to improve modeling capabilities for lithium-sulfur cells.
  • Lyten investors include a broad range of industry leaders, including Stellantis (third-largest auto manufacturer in the world), FedEx, Honeywell, and Walbridge.

Lyten, Pioneer of 3D Graphene Materials and the Lithium-Sulfur Battery, to Establish Its European Headquarters in Luxembourg

Retrieved on: 
Friday, October 6, 2023

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20231006791264/en/
    Lars Herlitz, Lyten co-founder (left), with Xavier Bettel, Luxembourg’s Prime Minister (right), sign a memorandum of understanding for Lyten to locate its European headquarters in Luxembourg.
  • (Photo: Business Wire)
    The announcement was made as part of LuxInnovation Automotive Day 2023, Luxembourg’s annual event promoting the transformation toward sustainable mobility.
  • Lyten is also exploring opportunities to establish research and development capabilities in Luxembourg, including infrastructure to support collaboration with European customers on disruptive applications utilizing Lyten’s 3D Graphene platform.
  • Through their innovative "3D Graphene" technology, Lyten is on its way to revolutionize the future of batteries and materials.

Lyten, Pioneer of 3D Graphene Materials and the Lithium-Sulfur Battery, to Establish Its European Headquarters in Luxembourg

Retrieved on: 
Thursday, October 5, 2023

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20231005565098/en/
    Lars Herlitz, Lyten co-founder (left), with Xavier Bettel, Luxembourg’s Prime Minister (right), sign a memorandum of understanding for Lyten to locate its European headquarters in Luxembourg.
  • (Photo: Business Wire)
    The announcement was made as part of LuxInnovation Automotive Day 2023, Luxembourg’s annual event promoting the transformation toward sustainable mobility.
  • Lyten is also exploring opportunities to establish research and development capabilities in Luxembourg, including infrastructure to support collaboration with European customers on disruptive applications utilizing Lyten’s 3D Graphene platform.
  • Through their innovative "3D Graphene" technology, Lyten is on its way to revolutionize the future of batteries and materials.

Lyten Raises $200M in Series B Equity Round

Retrieved on: 
Tuesday, September 12, 2023

Additional strategic, venture capital and individual investors make up the remainder of the round.

Key Points: 
  • Additional strategic, venture capital and individual investors make up the remainder of the round.
  • This latest round of funding brings total equity investment in Lyten to more than $410 million since the company was founded in 2015.
  • “We are excited to welcome our Series B investors, each a leader in their respective markets and committed to achieving aggressive net zero targets for their industry.
  • Cook added, “Enabling fully domestic supply chains and manufacturing is a core strategy for Lyten, especially for our Lithium-Sulfur batteries.

Lyten Opens First Automated Battery Pilot Line in the U.S. to Produce Lithium-Sulfur Batteries

Retrieved on: 
Wednesday, June 14, 2023

Reservations for the remaining battery cells will be limited by the pilot line’s nameplate capacity of 200,000 cells per year.

Key Points: 
  • Reservations for the remaining battery cells will be limited by the pilot line’s nameplate capacity of 200,000 cells per year.
  • The Lyten battery pilot line will produce Lithium-Sulfur cells in a range of pouch and cylindrical form factors to support a variety of customer requirements and allow Lyten to further develop manufacturing equipment capabilities for scaled Lithium-Sulfur cell production.
  • The pilot line will deliver cells that exceed conventional Nickel-Cobalt-Manganese (NMC) lithium-ion battery gravimetric energy densities.
  • Additionally, Lyten is securing domestic supply for its completely NMC-free battery materials, including low emissions natural gas, sulfur, and lithium.

Stellantis Invests in Lyten's Breakthrough Lithium-sulfur EV Battery Technology

Retrieved on: 
Thursday, May 25, 2023

This technology will meet the needs of industries seeking lightweight and energy-dense batteries that are free from supply chain disruptions.

Key Points: 
  • This technology will meet the needs of industries seeking lightweight and energy-dense batteries that are free from supply chain disruptions.
  • Stellantis launched Stellantis Ventures in 2022 as a venture capital fund committed to investing in early and later-stage startup companies developing innovative and sustainable technologies within the automotive and mobility sectors.
  • For press kit: lyten.com/media-kit/
    Established with an initial investment of €300 million, Stellantis Venture is the first Stellantis corporate venture fund.
  • Further information concerning Stellantis and its businesses, including factors that could materially affect Stellantis' financial results, is included in Stellantis' reports and filings with the U.S. Securities and Exchange Commission and AFM.

Lyten Names Air Force Lieutenant General (Ret.) Eric Fick to Its Executive Leadership Team

Retrieved on: 
Wednesday, April 5, 2023

Lyten, Inc., the advanced materials manufacturer and inventor of the proprietary Lyten 3D Graphene™ strategic materials technology platform, announced that retired Air Force Lieutenant General Eric Fick has joined its leadership team and will serve as President of Lyten Federal Solutions, Inc.

Key Points: 
  • Lyten, Inc., the advanced materials manufacturer and inventor of the proprietary Lyten 3D Graphene™ strategic materials technology platform, announced that retired Air Force Lieutenant General Eric Fick has joined its leadership team and will serve as President of Lyten Federal Solutions, Inc.
  • General Fick’s prior Active-Duty experiences include assignments in Air Force Sustainment, Air Force Research Laboratory, Flight Test, and as a Legislative Liaison.
  • “I joined Lyten because of the tremendous potential of its technology to revolutionize national security applications with lighter, stronger, and more sustainable products,” said General Fick.
  • I’m looking forward to accelerating these and other critical national security applications of Lyten 3D Graphene™.”