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Elevated Materials receives $50M for lithium-film production

By Michelle Froese | September 15, 2026

Elevated Materials, a developer and manufacturer of ultra-thin lithium films for next-generation batteries, has been selected by the US Department of Energy (DOE) for $50 million in federal funding to support development of a new $100 million facility in the United States with annual manufacturing capacity of approximately 3.5 GW.

The facility is expected to support Elevated Materials’ roadmap toward gigawatt-hour-scale production and commercialization of a domestic source of ultra-thin lithium-metal films and prelithiated materials for higher-energy, faster-charging batteries.

The materials are intended for advanced battery architectures, including those used in electric vehicles (EVs).

By expanding US production of these materials, the project supports Department of Energy efforts to strengthen domestic battery manufacturing and reduce reliance on overseas supply chains. Elevated Materials was one of seven companies selected for a combined $500 million through the Department’s Battery Materials Processing and Battery Manufacturing Grants program.

Elevated Materials uses roll-to-roll vacuum deposition platforms to produce ultra-thin lithium-metal films. The films are designed for next-generation anode architectures used in electric vehicles, consumer electronics, defense and aviation applications, and grid-scale energy storage.

Over the past year, the company has shipped more than 250,000 meters of ultra-thin lithium-metal film to more than 30 customers worldwide.

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Filed Under: Batteries, Technology News
Tagged With: batteries, departmentofenergy, elevatedmaterials
 

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