Cell Chemistry Development

Technology

No. of Employees

No. of Patents

Total Funding ($)

Remarks

Lyten

Sulfur Cathode-Li Metal Anode

Well funded startup with large headcount and patent portfolio, Lyten is positioned to make a strong contribution to the space but has not released any public data. Based on employee count, they are most likely in pilot stages of development and will be a leader in the space.

Theion

Mono-Clinic Sulfur Cathode-Li Metal Anode

undisclosed seed funding

Recently founded company based off research from Drexel. With an undisclosed amount of funding and low employee count, Li-S energy is most likely in early stages of research and scale up.

Sulfur Cathode-Li Metal Anode

167M (Market Cap as of 1/14/2023)

Li-S Energy went public early with their boron nitride based cathode. Based on employee count and patents, the company is most likely trying to figure out how to position their capital for the best return on development.

The low employee and patent count would suggest early stages of development, but the recent UN 38.3 certification is evidence of significant pouch cell development. Nextech is most likely shipping samples but their low patent count may not provide enough of a barrier to entry.

Recently awarded a DOE grant, Zeta Energy is a new player in the Li-S space with great potential. Although they have recently secured significant government funding, their employee and patent count indicates early stages of development.

NexTech Batteries

Sulfur Cathode-Li Metal Anode

Sulfur Cathode-3D Carbon Anode

Industry: Cell Chemistry Development

Volta Foundation

Extracted from the PDF; charts and images may read imperfectly.