SAN
DIEGO, Calif., June 25,
2024 /PRNewswire/ -- Battery materials pioneer
Wildcat Discovery Technologies today announced it produced one
metric ton of high-quality lithium iron phosphate (LFP) cathode
materials, enabling customer testing and advancing the company's
strategy for U.S.-based manufacturing.
The 1MT batch demonstrates Wildcat's ability to support
large-scale and repeatable production of high-quality cathode
active material (CAM). In less than 24 months, the company created
its superior LFP recipe in the lab, scaled up the synthesis, and
completed the pilot-scale batch. Product testing is now under way
with several battery cell makers, commercial truck and automotive
manufacturers, and grid storage providers.
"Customers' feedback on our LFP samples has been overwhelmingly
positive, and they also appreciate Wildcat's unique expertise in
optimizing battery integration," said Wildcat President and CEO
Mark Gresser. "We are pleased
customers' offtake agreements already represent enough volume to
fill our 15,000-ton manufacturing capacity in the first year."
Producing material on the tonnage scale represents an important
milestone in Wildcat's manufacturing readiness. Over the past year,
Wildcat has strengthened it's manufacturing capability through
addition of experienced leaders and industry-renowned consultants,
partnerships with engineering firms, and the launch of a
Manufacturing Advisory Board.
Wildcat has been developing battery materials since 2006, and it
plans to build a plant in the United States to manufacture LFP
in late 2026, lithium manganese iron phosphate (LMFP) in 2027, and
disordered rock salt (DRX) in 2028. The plant, opening in 2026
with a 15,000-ton capacity, is set to double to 30,000 tons in
2028.
"Customers in North America
seek accessible, long-term alternatives to China-based CAM production, and Wildcat's
strategy is to provide the high-quality, U.S.-based materials they
need," Gresser said.
About Wildcat Discovery Technologies
Wildcat's mission is to produce high-performance U.S.-made
cathodes to enable widespread adoption of clean energy. Founded in
2006, the company plans to manufacture a portfolio of nickel- and
cobalt-free CAM at a plant it builds in the United States. At the same time, Wildcat will
continue to leverage its 15 years of materials development to help
customers achieve the best integrated battery cell.
Wildcat's vision is to be the first choice for battery materials
development, integration, and supply. In addition to production,
the company's unique high throughput platform enables comprehensive
materials experiments to be performed 10 times faster than
conventional methods. Wildcat was named one of the "50 Most
Innovative Companies" by Technology Review magazine. For additional
information, visit us at wildcatdiscovery.com, or follow us
on LinkedIn.
Media Contact:
press@wildcatdiscovery.com
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SOURCE Wildcat Discovery Technologies