NEI Corporation, established in 1997 as Nanopowder Enterprises Incorporated, has become an essential manufacturer of advanced materials for industrial applications. Based in Somerset, New Jersey, the company specializes in producing high-performance materials for lithium-ion and sodium-ion batteries, along with functional and protective coatings. With annual revenue of $29.9 million, NEI Corporation serves a global customer base across multiple industries, offering customized solutions through its expertise in nanotechnology and materials science. The company’s commitment to research, development, and testing has established it as a trusted partner for organizations seeking to advance their battery technologies.
Battery Technology
NEI Corporation’s primary focus lies in developing and manufacturing materials for lithium-ion and sodium-ion batteries. Their product portfolio includes specialized cathode, anode, and solid electrolyte materials, all produced through an economical solid-state synthesis process. These components are designed to enhance battery performance, safety, and longevity.
The company’s battery materials division creates customized solutions that address specific application requirements. Their lithium-ion battery materials offer improved capacity and efficiency, essential for electric vehicles and consumer electronics. In the sodium-ion battery sector, NEI produces materials engineered for stability, affordability, and environmental sustainability.
A notable addition to their offerings is the Halide Solid Electrolyte (Li3InCl6), which represents their ongoing innovation in advanced materials. The company also provides ready-to-use electrode sheets and comprehensive testing services, enabling customers to evaluate and optimize battery performance effectively.
Recent Projects
In Summer 2023, NEI Corporation expanded its facilities by 9,200 square feet and introduced new LMFP (Lithium Iron Phosphate) electrode sheets. The company also formed a strategic partnership with HydroGraph Clean Power to develop graphene-enhanced battery materials, focusing on lithium-ion and lithium-silicon batteries. This collaboration includes co-branded products and positions NEI as a channel partner for HydroGraph’s graphene materials in the battery market.
Investors
NEI Corporation has secured funding from various sources, including the Paycheck Protection Program and the U.S. Department of Energy. The company has raised $250,000 across four funding rounds. While specific investment details are limited, NEI maintains active collaborations with multiple U.S. federal agencies and private non-profit organizations, supporting their research and development initiatives.
Business Details
Location: Somerset, New Jersey, USA
Website: https://neicorporation.com
LinkedIn: https://www.linkedin.com/company/nei-corporation/