AVESTA’s battery technology is rooted in solid-state lithium cells with phosphate-based cathodes and lithium metal anodes, seeking superior energy density, cycle life, and safety, while also advancing manufacturing integration and AI-driven optimization for next-generation energy storage applications. Their proprietary solid-state cells use phosphate-based cathodes and solid electrolytes, offering high safety, long cycle life (up to 1000 cycles expected), and compatibility with existing gigafactory infrastructure. AVESTA’s phosphate cathodes balance energy density, cost, and safety, while its lithium metal anodes, produced at scale since 2024, deliver high energy density and lightweight performance—making ABEE the first in Europe to mass-produce such anodes.
AVESTA Holding develops and manufactures advanced battery technologies with a strong focus on lithium-based chemistries and intelligent energy solutions. The company plans to establish a 20 GWh lithium iron phosphate (LFP) cell gigafactory and a solid-state battery facility with an initial capacity of 10 GWh per year, scalable to 20 GWh. In addition, AVESTA produces lithium metal anodes and solid-state cells, positioning itself at the forefront of lithium-ion, solid-state, and lithium-metal innovation. Its integrated approach spans the entire battery lifecycle—from materials and production to recycling—emphasizing high efficiency, modular design, and smart energy management systems.
AVESTA has achieved series production of lithium metal anodes and advancements in solid-state battery cells. They plan a 20 GWh LFP gigafactory and invest EUR 1.1 billion in a battery plant, recycling facility, and R&D center in Bulgaria including a solid-state battery plant. The company participates in EU-funded projects like GIGAGREEN (sustainable manufacturing) and RELiEF (reducing lithium waste).
The specific investors or major shareholders of AVESTA Holding are not publicly disclosed. The company was founded and led by Noshin Omar.
