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Billerica company unveils a new way to make batteries

Billerica company unveils a new way to make batteries

Boston Globe3 days ago

The company held a ribbon-cutting ceremony on Monday to celebrate the completion of its 'Customer Success Center,' essentially a dry room and an electrode manufacturing production line that allows clients and potential customers to do test runs, or hire AMB to make the electrodes for them. Shi was joined at the event by US Representative Lori Trahan, state interim economic development secretary Ashley Stolba, and Lily Fitzgerald, of the quasi-public Massachusetts Technology Collaborative, among others.
Roughly half the cost of the $5 million center was funded through a state grant provided through MassTech.
Electrodes are key components in batteries; most batteries rely on a liquid mixture to create a slurry applied to the electrodes that helps them store and release energy. But AMB's technology uses a coating of dry powder instead, and as a result is more efficient and requires less manufacturing space to make the batteries. (Plus, AMB says it's better for the environment, by avoiding the use of harmful solvents and reducing the energy demand.)
Manufacturing batteries, Shi said, involves a careful balance of cost, performance, and sustainability. Usually, battery makers have to compromise on one aspect, but Shi said AMB's process excels in all three areas and helps enable battery manufacturers to expand here in the US.
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'All the battery makers realize this should be the future of manufacturing,' Shi said.
Shi said a 'Battery Day' held by Elon Musk in 2020, in which the Tesla chief executive highlighted the importance of coming up with more efficient ways of building batteries through a dry-coating process, helped draw investors' attention. AMB raised $25 million in 2022, and another $44 million in the following two years based on dry-electrode technology developed by Worcester Polytechnic Institute professor Yan Wang and Heng Pan, now at Texas A&M University. AMB's investors include TDK Ventures, Toyota Ventures, and Anzu Partners.
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The company has doubled its workforce in the past year, adding 25 new jobs, with plans to add 15 more in 2025.
The potential for new jobs is one reason MassTech committed state funding to the project, along with the role the facility can play in helping anchor the area's growing ecosystem of battery companies.
'We have to get better at making batteries,' said MassTech's Fitzgerald. 'We think there's a really good value proposition here to keep electrode manufacturing in Massachusetts [with] such a strong potential for job creation.'
This is an installment of our weekly Bold Types column about the movers and shakers on Boston's business scene.
Jon Chesto can be reached at

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