Sila Nanotechnologies, Inc. Signs Long-Term Supply Agreement with REC Silicon ASA
09/19/24, 2:35 PM
Location
alamedaIndustry
manufacturing
Type
agreement
Sila Nanotechnologies, Inc. has announced a multi-year supply agreement with REC Silicon ASA, under which REC will supply high-quality, US-produced silane for use in the production of Sila’s breakthrough nano-composite silicon anode material, Titan Silicon. The agreement also ensures a reliable supply of silane through 2031, supporting Sila’s commitments to deliver Titan Silicon to customers, including Mercedes-Benz and Panasonic.
Company Info
Location
920 sw 6th avenue
alameda, california, united states
Additional Info
Sila is a next-generation battery materials company with the mission to power the world’s transition to clean energy. Sila shipped the world’s first commercially available silicon anode for lithium-ion batteries in 2021, and has since enabled battery performance enhancements in millions of consumer electronics devices. Sila’s Titan Silicon will power electric vehicles, including EVs from Mercedes-Benz and will be used within Panasonic Energy’s next-generation lithium-ion batteries. Committed to American leadership in clean energy production, Sila is scaling its technology at its manufacturing facility in Moses Lake, Washington. Major financial investors include 8VC, Bessemer Venture Partners, Canada Pension Plan Investment Board, Coatue, Matrix Partners, Sutter Hill Ventures, and funds and accounts advised by T. Rowe Price Associates, Inc.