The brand new headquarters close to the Fulton Market District will help NanoGraf’s onshore battery provide chain and proceed its fast development.
CHICAGO, December 13, 2022—NanoGraf, a sophisticated battery supplies firm that permits longer-lasting, higher-energy, and higher-power lithium-ion batteries, in the present day introduced plans to launch the manufacture of battery supplies in a brand new workplace and manufacturing facility in Chicago. The 17,000 sq. foot facility is positioned on the Close to West Facet adjoining to the Fulton Market District at 400 N. Noble St. The corporate will begin manufacturing in This fall 2023, with an anticipated part 1 materials manufacturing capability of 35 tons per yr, which is sufficient. for twenty-four million battery cells. The corporate has plans to extend 1000 tons of fabric manufacturing per yr by 2024.
NanoGraf, which beforehand produced its silicon anode battery supplies in Japan, made the choice to onshore its manufacturing to help the evolving battery provide chain within the US, notably within the Midwest. The corporate plans to make use of the power to proceed manufacturing its proprietary silicon anode, which can allow the world’s strongest 18650 cell. The power can also be on a manufacturing scale that fulfills its commitments to the Division of Protection.
“There have to be a powerful home provide chain for the battery trade, and as an American firm we’re pleased to assist information our new manufacturing facility in Chicago,” mentioned Dr. Francis Wang, CEO of NanoGraf. “In Illinois, we’re surrounded by civic and enterprise leaders who’re united in rising the battery provide chain and manufacturing trade right here, and we’re assured that with this new facility we will enhance this trade and produce new jobs and alternatives. to Chicago.”
The announcement of the brand new manufacturing house comes on the heels of two main milestones for NanoGraf. In October of 2022, the corporate set a brand new trade benchmark for probably the most highly effective lithium-ion 18650 battery. The subsequent-generation cell will improve the power density of batteries by greater than 20%, which can lighten the load on customers. Final November, the corporate obtained a $10 million grant from the US Authorities to fund onshore manufacturing of high-performance silicon anode supplies as the primary large-volume silicon oxide manufacturing facility within the US
“Battery innovation within the Midwest is rising as the general public sector implements insurance policies that encourage its growth right here,” mentioned Ralph Sensible, Advisory Board Member of NanoGraf. “We look ahead to being a key a part of this development and delivering the world’s finest battery efficiency in electrical automobiles, navy purposes, client electronics, industrial gear, and extra.”
Traditionally often known as Chicago’s meatpacking district, the Fulton Market District has change into a hub for creatives, startups, large tech firms, and enormous companies, and NanoGraf’s location throughout the road makes it an ideal location for of fast-growing and revolutionary battery expertise. begin Moreover, the attraction at 400 N. Noble St. comes from house measurement and site, which allows NanoGraf to increase over time on web site and create extra inexperienced jobs in deprived areas.
Along with the manufacturing facility, the brand new house contains 2,500 sq. toes to help NanoGraf’s ongoing R&D, high quality assurance, and high quality management efforts, together with 3,500 sq. toes of workplace house. General, NanoGraf expects to double the present workforce by the top of 2023.
JLL’s Scott Brandwein, Jake Ehrenberg and Max Zwolan led the leasing efforts for NanoGraf.
Paige O’Neil and Annie Aldrich of Shapack Companions are dealing with the leasing for the 400 N. Noble St. property.
NanoGraf is a sophisticated battery supplies firm whose patented silicon-anode expertise allows longer-lasting, higher-energy, and higher-power lithium-ion batteries. NanoGraf works with greater than 50 firms, together with among the main client electronics, residence equipment, and energy instrument manufacturers, and greater than 12 strategic companions in electrical mobility (from startups to Fortune 100s). NanoGraf is a spinout of Northwestern College and Argonne Nationwide Laboratory. For extra info, go to www.nanograf.com.