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Sepion Technologies Secures $17.5 Million to Build Advanced Battery Separator Manufacturing Facility

Sepion Technologies Secures $17.5 Million to Build Advanced Battery Separator Manufacturing Facility

October 8, 2024 Craig Etkin

October 03, 2024 05:00 AM Eastern Daylight Time

ALAMEDA, Calif.–(BUSINESS WIRE)–Sepion Technologies, a leader in battery materials innovation, announces plans to build a cutting-edge lithium-ion battery separator manufacturing facility in the Capitol Innovation District, a 1 million square foot advanced biomanufacturing innovation district in the heart of West Sacramento. Backed by a $17.5 million grant from CALSTART and the California Energy Commission’s “PowerForward: ZEV Battery Manufacturing Grant Program,” the facility will address key supply chain gaps and bolster the domestic battery workforce—both of which are crucial for national security and the clean energy transition.

“We are excited to launch this transformative project to address the domestic battery separator supply gap with the support of the CEC and CALSTART”Post this

Battery separators face the largest domestic supply shortfall of all battery components. A recent McKinsey & Company report projects a 54% deficit in domestic battery separator supply by 2030. Sepion’s new facility will help bridge this gap, initially producing 50 tons of its proprietary polymer and 50 million square meters of coated separator annually—enough to power 50,000 electric vehicles. The company plans to scale production significantly over subsequent years after start of production, with the goal of becoming a leader in the separator market.

Sepion’s separator coatings are engineered to unlock outsized $/kWh savings by improving the durability of low-cost, manganese-rich cathodes. These coatings reduce the migration of transition metals from the cathode to the graphite anode, enhancing performance. Additionally, the coatings are thinner and lighter than standard options, offering both weight and space savings that translate into longer EV range. Importantly, these advancements come with competitive safety performance and full compatibility with existing battery cell manufacturing processes.

“We are excited to launch this transformative project to address the domestic battery separator supply gap with the support of the CEC and CALSTART,” said Peter Frischmann, CEO and Co-Founder of Sepion. “With this facility, we’re advancing the clean energy transition, creating jobs to solidifying California’s position as a leader in sustainable manufacturing, and showcasing how American battery innovation can scale from lab to factory.”

Sepion chose the Capitol Innovation District for their new site, citing proximity to the Port of West Sacramento and the Bridge District—an emerging neighborhood with housing and a vibrant lifestyle—as a key factor in their decision. The facility layout is in place, with production slated to begin in 2027, following the completion of Phase I construction and process validation of Sepion’s manufacturing line. Sepion is also partnering with local organizations to train a local high-tech workforce, ensuring safe, efficient operations and benefits to the local community.

This announcement follows a series of significant milestones for Sepion, including the company’s UN/DOT 38.3 safety certification, the introduction of a non-flammable electrolyte, and the opening of its pilot facility in Alameda, CA. The West Sacramento facility represents a major step toward closing the domestic battery separator supply gap, while supporting the broader goals of reducing greenhouse gas emissions, improving air quality, and promoting zero-emission vehicle adoption.

For more information, visit SepionTechnologies.com or follow us on LinkedIn.

About Sepion Technologies

Headquartered in Alameda, CA, Sepion Technologies is dedicated to sustainably powering the future with breakthrough battery products. Specializing in separator coatings and liquid electrolytes, Sepion’s innovations allow lithium-ion battery manufacturers to improve performance and reduce costs using existing infrastructure.

Contacts

Peter Frischmann
info@sepiontechnologies.com
www.sepiontechnologies.com

(c)2024 Business Wire, Inc., All rights reserved.


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Kimberly-Clark Corporation, one of the world's leading manufacturers of personal care and hygiene products, will establish an $800 million advanced manufacturing facility in Trumbull County, bringing an anticipated 491 new high-quality jobs. For Kimberly-Clark, this new facility would be its first in Ohio and represents not just a strategic expansion, but a decisive step in doubling down on growth in the American market. Spread across more than one million square feet, the Warren facility will provide the manufacturing capacity needed to unleash future growth for Kimberly-Clark’s fastest-growing personal care categories that include Baby & Child Care and Adult & Feminine Care. Warren is in geographic proximity to roughly 117 million consumers and will serve as a strategic hub for the Northeast and Midwest regions. Construction is expected to begin this month and will take up to two years.

In a statement Tamera Fenske, chief supply chain officer at Kimberly-Clark said, “Our investment in Warren is a pivotal step forward in our North America business and strategy.” “By establishing a new, state-of-the-art manufacturing facility in Ohio, we’re enhancing our ability to serve millions of consumers across the Midwest and Northeast with greater speed, agility, and resilience. It’s a once-in-a-career opportunity to build a facility from the ground up that reflects the future of manufacturing, and with the support of local partners like JobsOhio, the Department of Development, Lake to River, Western Reserve Port Authority, and local governments, we have the unique opportunity to create high-quality jobs and long-term economic impact in the region.”

Based in Dallas and employing 46,000 people in 34 countries, the company’s portfolio of brands also includes Huggies, Kleenex, Scott, Kotex, Cottonelle, Poise, Depend, Andrex, Pull-Ups, GoodNites, Intimus, Plenitud, Sweety, Softex, Viva and WypAll. Its products are sold in more than 175 countries and territories.
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Snorkel AI announced general availability of two new product offerings on the Snorkel AI Data Development Platform: Snorkel Evaluate and Snorkel Expert Data-as-a-Service. These launches advance its mission to turn knowledge into specialized AI—helping teams move from prototype to production at scale by leveraging Snorkel AI’s programmatic data development technology. In addition, Snorkel AI announced it has raised $100 million in Series D funding at a $1.3 billion valuation, led by Addition. This new funding will fuel continued research and innovation in evaluating and tuning specialized AI systems with expert data.


In a statement Alex Ratner, Co-founder and CEO of Snorkel AI said, “We are seeing a surge of momentum around agentic AI, but specialized enterprise agents aren’t ready for production in most settings.” “Enterprises need domain-specific data and expertise to make this a reality. We’re excited to deliver on this need and help AI innovators develop expert data to bring their LLM and agentic systems into production with our new offerings, which round out Snorkel’s unified AI data development stack.”

Snorkel AI is building the Snorkel AI Data Development Platform for evaluating and tuning specialized AI at scale. Snorkel AI’s offerings, including Snorkel Evaluate and Snorkel Expert Data-as-a-Service, accelerate evaluation and tuning of specialized AI systems with expert data—helping teams move from prototype to production at scale by leveraging Snorkel AI’s programmatic data development technology. Launched out of the Stanford AI Lab, Snorkel AI’s platform is used in production by Fortune 500 companies, including BNY, Wayfair, and Chubb, as well as across the U.S. federal government, including the U.S. Air Force.
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TicketManager, a global leader in event ticket and guest management solutions for the corporate enterprise, today announced Valeas Capital Partners, a growth-oriented private-equity firm, has acquired a majority stake in the company. Under the terms of the agreement, Valeas is committing $110 million to support TicketManager’s strategic growth plans. TicketManager Co-Founder and CEO Tony Knopp and COO Ken Hanscom will retain a minority interest in the Company. Founded in 2007, TicketManager is the category leader in providing software and services to manage end-to-end event ticket workflow and guest experiences. Serving as the central hub and system of record for data-driven organizations, the platform streamlines every step of the ticket management process. Every year, companies spend more than $600 billion on customer entertainment, yet 43% of corporate tickets are never used and fewer than 20% of organizations leverage modern software to optimize those investments and mitigate compliance risk.

In a statement Tony Knopp, CEO and Co-Founder of TicketManager said, “Live events are an important investment for businesses of all sizes. Whether major global sponsorships, naming rights for stadiums, luxury suites or even a few season tickets for the local team, companies use them to attract and keep customers while building their brands. But in today’s market, many companies struggle with growing pressure to show the value of their ticket spending.” “We knew there was a better way, and that’s why we created TicketManager – to make company tickets easy and prove the return on investment with cutting edge technology and services.”

TicketManager is a leading event- and guest-management platform that empowers companies to make client entertainment easy and drive greater return on investment. It offers convenient and simple technology to manage corporate sports and entertainment tickets, create exceptional guest life-cycle experiences, and measure effectiveness. TicketManager is trusted by more than 500 global brands including Verizon, FedEx, Adidas, Anheuser-Busch, and Mastercard.
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