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Battery Manufacturing

2 articles
Energy Technology

ZincFive to Go Public via SPAC Merger with Spark I Acquisition

ZincFive, which is engaged in nickel-zinc battery technology for data center and AI infrastructure immediate power solutions, entered into a business combination agreement with Spark I Acquisition, a NASDAQ-listed SPAC formed by SparkLabs Group. The transaction will take ZincFive public, providing capital to expand its proprietary battery technology for critical infrastructure applications. The transaction represents […]

Jun 18 ·United States
Energy Technology

Phillips 66 Acquires 16% Stake in NOVONIX Ltd.

Phillips 66 made a $150 million strategic minority investment in Australian battery materials company NOVONIX in August 2021, acquiring approximately 16 percent of the company. NOVONIX produces synthetic graphite anode materials for lithium-ion batteries from its Tennessee facility.

May 9 ·Australia