Solid Power, Inc.

Solid Power, Inc. is a pioneer in the production of all-solid-state rechargeable batteries, with a focus on electric vehicles and mobile power markets. The company's proprietary sulfide solid electrolyte replaces the flammable liquid electrolyte in conventional lithium-ion batteries, resulting in batteries that are safer and more stable across a wide temperature range. Additionally, these batteries can offer a 50-75% increase in energy density compared to the best available rechargeable batteries. Furthermore, they enable cheaper, more energy-dense battery pack designs and are compatible with traditional lithium-ion manufacturing processes. Founded in 2011 and headquartered in the United States, the company recently received a $5.60M grant investment from ARPA-E on 10 January 2023. Solid Power's innovative approach positions it as a key player in the Energy, Renewable Energy, and Energy Storage industries.