ALAMEDA, Calif., Oct. 09, 2024 (GLOBE NEWSWIRE) -- Sylvatex (SVX), a Bay Area-based battery materials manufacturing technology company producing lower cost and lower carbon cathode active materials (CAM) for electric vehicle (EV) and energy storage system (ESS) batteries, today announced itself as a recipient of $1.4M total project funding from the Advanced Research Projects Agency-Energy (ARAP-E). The original SVX award included $500k funding under the TINA Topic W or Supporting Entrepreneurial Energy Discoveries (SEED) program since 2022. With $982k supplemental funding and an additional 2-year project, the SVX Team continues to develop competitive battery-grade LFP materials and support the critical mission of catalyzing new domestic LIB manufacturing, fortifying battery materials supply chain security, and advancing technology to strengthen U.S. leadership in the clean energy future.
