Momentum Technologies (2016) provides MSX membrane solvent-extraction systems (licensed from Oak Ridge) to recover >95% of nickel, cobalt, lithium and manganese at >99% purity. Modular, low-solvent processing supports EV, ESS, and electronics recycling.
Momentum Technologies, founded in 2016 and headquartered in Carrollton, Texas, is a materials science and process innovation company that recovers high-purity critical minerals from end-of-life lithium-ion batteries and electronic waste. The company develops and licenses modular Membrane Solvent Extraction (MSX) systems for local and scalable processing. Momentum’s mission is to deliver safe, scalable, sustainable, and commercially attractive processing technology that strengthens domestic supply resilience for battery metals. Led by CEO Mahesh Konduru, the company focuses on enabling circular supply chains for the energy transition.
Momentum’s core Membrane Solvent Extraction (MSX) is a patent-protected, membrane-based solvent extraction system licensed from Oak Ridge National Laboratory and advanced with U.S. Department of Energy support. MSX processes black mass and electronic waste to recover nickel, cobalt, lithium, manganese and rare earths with reported recovery rates above 95% and product purities exceeding 99%. The process uses minimal solvents and energy, generates nearly zero hazardous waste, and can reduce lifecycle CO2 emissions by up to about 75% versus conventional routes. MSX is modular and scalable for co-located deployment near recyclers or gigafactories, reducing transport and supply-chain risk.
Momentum supplies MSX processing systems and modular recycling plants that produce battery-grade salts and refined metals for cathode/anode manufacturing. Key features include high recovery and purity, low solvent usage, modest capex and opex, and modular deployment near waste streams. Applications cover electric vehicle batteries, stationary energy storage systems, consumer electronics recycling, gigafactory feedstock supply, and OEM sourcing.
In September 2025 Momentum reported delivery of commercial-grade battery materials at scale from its demonstration operations, producing battery-grade nickel sulfate and other refined salts for downstream use. In October 2025 the company expanded its platform to support the national rare earth elements supply chain, adapting MSX process flows for magnet and rare-earth recovery and scaling modular processing capabilities.
Momentum has raised roughly $20 million from private equity and strategic investors focused on battery materials and energy technology. Notable backers include TechMet, Freestone Ventures / Tailwater Capital, Halliburton Labs, and U.S. Department of Energy grant and/or equity support. Funding has been used to scale MSX demonstration facilities and commercialize modular recycling units for domestic battery-material supply.
