NexTech Batteries Revenue and Competitors

NexTech was founded in May 2016 on lithium-sulfur (Li-S) battery research originally conducted at Lawrence Berkeley National Lab (LBNL) that began in 1999 under the direction Prof. Elton Cairns. Since then, NexTech has established its headquarters in Carson City, NV after operating in the Nevada Center for Applied Research (NCAR) for over two years. NexTech has recently expanded into a new facility in Carson City, NV, which houses our new pouch cell fabrication pilot line, dry-room and clean-room facilities, and growing staff. NexTech's talented technical staff includes Ph.D. scientists, engineers and management with previous experience at companies such as Tesla, Fisker, XALT, HP, Intel, Broadcom, Amdahl and Toyota. NexTech ESG policy includes 99+% recyclability of our battery materials at end of life, usage of sustainable earth-abundant raw materials that can be sourced easily, sustainably and ubiquitously on the planet. The company plans on having a carbon-neutral footprint wherein the mining of raw materials is conducted using electrified earth moving equipment to abate emissions and the battery manufacturing is done using water as the solvent, with vapor as the only plant emission. NexTech has filed more than 20 domestic and international patents to cover its technology achievements fencing off the competition in most relevant battery markets. NexTech has made significant advances in many areas of cell development and performance since our inception. We have successfully demonstrated performance in excess of 400 Wh/kg in our current prototype multi amp-hour pouch cells. NexTech currently has in development a number of technologies including several solid-state electrolyte formulations, coated separators, active materials, cathode systems, and a state-of-the-art battery management system (BMS). NexTech has signed several MOUs with large OEMs considering our chemistry as a superior solution for their application.