Exponent, Inc. is a leading science and engineering consulting firm renowned for solving complex technical challenges through multidisciplinary expertise. Founded in 1967 as Failure Analysis Associates by Stanford researchers, the company rebranded as Exponent in 1990 and is now publicly traded on NASDAQ. With over five decades of experience, Exponent combines cutting-edge technical analysis with practical insights to help clients across industries navigate risk, innovation, and regulatory demands.
Operating from over 30 global offices, Exponent’s team of more than 950 consultants holds expertise in 90+ scientific and engineering disciplines, from materials science to AI-driven analytics. Its core mission is rooted in learning from past failures to inform safer, sustainable solutions. Whether conducting accident investigations or advising on regulatory compliance, Exponent positions itself as a trusted partner for businesses aiming to mitigate risks, optimize product safety, and advance tech development.
Battery Technology
Exponent supports the battery industry by addressing critical challenges in design, safety, and sustainability. While not a manufacturer, the firm provides specialized consulting and testing services across the battery value chain. Its capabilities include:
- Testing and Failure Analysis: Root-cause investigations into battery failures, safety certifications, and lifecycle-testing for lithium-ion, solid-state, and emerging chemistries. Their lab facilities analyze thermal runaway, chemical stability, and manufacturing defects, ensuring compliance with global standards like UN/DOT regulations.
- Regulatory and Market Insights: Guidance on navigating evolving regulations for energy storage systems, including PFAS mitigation in battery production and sustainability reporting. Clients in the automotive, utilities, and consumer electronics sectors rely on Exponent’s risk assessments and safety protocols.
- Engineering and R&D Collaboration: Assisting clients in developing next-gen battery technologies, such as silicon-anode lithium-ion or grid-scale sodium-ion systems. Exponent also evaluates supply chain strategies, advising on supplier quality control and cost reductions for battery manufacturers.
- Legal and Litigation Support: Expert testimony in disputes or recalls, such as evaluating fire hazards in EV batteries or liability assessments for faulty energy storage systems.
By merging experimental data, computational modeling, and cross-disciplinary expertise, Exponent helps partners balance innovation with safety, from prototyping to commercial deployment.
Recent Projects
In early 2025, Exponent announced a dividend increase following strong financial performance, signaling confidence in its strategic growth areas. The company has prioritized AI integration, investing in machine learning tools to streamline engineering analyses by 30-50%, reducing project costs while scaling services.
Exponent’s 2025 initiatives focus on accelerating renewable energy transitions, supporting for EV manufacturers facing supply chain bottlenecks, and regulatory compliance for advanced technologies like solid-state batteries. Their work with automakers and utility grids includes advising on thermal management systems and battery pack safety for commercial transportation fleets.
A notable effort involves analyzing battery degradation trends in U.S. energy storage systems post-fire incidents in 2024, delivering insights to insurance underwriters and system integrators. Meanwhile, their battery advisory teams contributed to safety protocols for new EV models during recall investigations and design iterations.
Investors
Exponent’s public equity is managed through institutional stakeholders, including Kayne Anderson Rudnick Investment Management and Conestoga Capital Advisors, which hold significant interests in the company. These partners support Exponent’s capital-intensive ventures, such as expanding lab infrastructure and AI tool development.
Business Details
Location: Menlo Park, California, USA (Headquarters)
Global Offices: Over 30 locations across North America, Europe, and Asia
Website: https://www.exponent.com
LinkedIn: https://www.linkedin.com/company/7923
