Adena Power’s core technology is sodium solid-state battery technology featuring intrinsically safe chemistry that eliminates fire risk. Key innovations include a proprietary cell design protected by patents, mild steel cell housing, and a polymer-supported NASICON electrolyte. The batteries use domestic low-cost raw materials, aiming for a price under $50/kWh. Adena Power also developed a sodium-aluminum battery with Pacific Northwest National Laboratory (PNNL) for grid energy storage and holds exclusive licenses for PNNL’s sodium metal halide battery patents using iron-based cathodes.
The company produces sodium solid-state batteries designed to be safer, more affordable, and durable compared to traditional lithium-ion batteries. They include a proprietary cell design with mild steel housing and a polymer-supported NASICON electrolyte. Additionally, they developed sodium-aluminum batteries suited for short- to medium-term grid energy storage.
Adena Power received a $200,000 grant from the U.S. Department of Energy to advance its sodium solid-state battery systems for wind energy. It partnered with Halliburton Labs to scale its sodium battery technology, leveraging facilities and expertise. In 2024, the company won the People’s Choice Award at the National Renewable Energy Lab’s Industry Growth Forum, recognizing its innovation in clean energy.
Adena Power’s equity investors include Third Derivative, OhioXcelerate, and BRITE Energy Innovators. The company is also a portfolio member of Halliburton Labs, which provides operational support but is not a direct equity investor. Since its 2022 spinout from Nexceris, Adena Power has raised approximately $3.1M in seed funding.
