Lyten develops lithium-sulfur batteries incorporating proprietary 3D Graphene, achieving over double the energy density of conventional lithium-ion batteries while eliminating nickel, cobalt, and manganese. The manufacturing process reduces carbon emissions by about 60% and uses locally available materials to strengthen supply chain resilience. A planned gigafactory near Reno, Nevada will have an annual production capacity of 10 GWh.
Lithium-sulfur batteries designed for electric vehicles, aerospace systems, and energy storage with higher energy density and lighter weight. Features include 3D Graphene cathodes, reduced reliance on critical minerals, and locally sourced materials. Manufacturing capacity planned at 10 GWh annually.
Acquired Cuberg’s lithium-metal battery facility in San Leandro, California and plans to invest $20 million in 2025 to convert it for lithium-sulfur production (200 MWh capacity). Batteries selected for demonstration on the International Space Station in 2025, supported by the Defense Innovation Unit.
Lyten is backed by Stellantis, FedEx Corporation, and Honeywell. Its Series B was led by Prime Movers Lab, with additional support from Walbridge Aldinger Company, Luxembourg Future Fund, and the European Investment Fund. The Export-Import Bank of the United States provided $650M in Letters of Interest.