ENPOWER INC

EnPower is developing high energy, high power lithium-ion batteries for the electric vehicle, defense, and high performance markets. The Company's patented multilayer electrode architectures enable high energy density cells to charge three times faster and generate 70% higher power without adding cost to the unit cell and without degradation to the cell’s service life. The technology is manufactured using traditional lithium-ion manufacturing equipment and commercially available materials, ensuring immediate scalability. Headquartered in Phoenix, AZ, the Company has a 240 kWh/year pilot manufacturing facility to support rapid prototyping and testing of 3.5-7.0Ah stacked pouch cells. EnPower plans to build a customer qualification and production facility to support its commercialization plan starting in late 2021.