Mitra Chem is building the first U.S. Inflation Reduction Act-compliant lithium-ion battery materials product company that shortens the lab-to-production timeline by over 90%. Lithium-ion batteries are the key platform technology enabling electrification in transportation, consumer electronics, along with residential, commercial, and grid-scale energy storage. Mitra Chem's first product category is iron-based cathodes for Western battery applications. Mitra Chem takes cathode products from lab to industrial scale faster than the competition by leveraging an in-house artificial intelligence technology advantage to dramatically shorten the R&D timeline. The company's goal is to transform the cathode from a specialty chemical to a platform technology that differentiates cell performance by end application. In the short term, the company remains focused on scaling IRA-compliant LFP and LMFP cathodes for the growing U.S. market.