Ascend Elements Raises $542 Million to Accelerate Production of U.S.-engineered Lithium-Ion Battery Materials
Latest funding round is one of the largest U.S. cleantech equity private placements of 2023 to date.
Ascend Elements to Supply Sustainable Cathode Precursor (pCAM) Made from Recycled Battery Materials to Major U.S. Customer
Up to $5 billion deal signals a shift in worldwide battery material supply chains as Ascend Elements builds one of North America’s first commercial-scale NMC pCAM manufacturing facilities in southwest Kentucky.
<a>Ascend Elements and Honda </a>Reach Basic Agreement to Collaborate on Procurement of Recycled Lithium-ion Battery Materials in North America
Ascend Elements today announced a basic agreement with Honda Motor Co., Ltd. to collaborate on stable procurement of recycled lithium-ion battery materials for Honda electric vehicles in North America.
Ascend Elements Wins Gold in 2023 Automotive & Transportation Merit Awards
Ascend Elements wins Gold for Battery Logistics and Silver for Electric Vehicle category of the 2023 Automotive & Transportation Merit Awards.
2022: A Year of Growth and Innovation
The people of Ascend Elements accomplished great things in 2022. We started the year as Battery Resourcers with about 60 employees and we are ending the year as Ascend Elements with more than 170 team members! Take a look back at the past 12 months.
New Research: Americans Warming Up to Electric Vehicles, but Many Misconceptions Remain
Electric vehicle battery recycling is a booming industry – and the key to lowering the carbon footprint of EVs – but nearly half of Americans mistakenly believe lithium-ion EV batteries are destined for landfills.
Ascend Elements and EcoPro Group Collaborate to Supply Recycled Battery Materials to North American EV Industry
Ascend Elements and EcoPro Group today announced a memorandum of understanding (MOU) agreement to cooperate in the development, qualification, and integration of recycled battery materials into EcoPro’s cathode products. The agreement paves way for a sustainable, closed-loop supply of domestic lithium-ion battery materials in the United States.
Introducing Base 1: Ascend Elements’ First Commercial-scale EV Battery Recycling Facility
Take a look inside Base 1, Ascend Elements’ first commercial-scale EV battery recycling facility in Covington, Georgia. When fully operational in Q4 2022, the facility will recycle 30,000 metric tons of lithium-ion batteries and manufacturing scrap a year. That’s about 70,000 electric vehicle batteries per year
The Wall Street Journal: Ascend Elements raises more than $300 million, as cash pours into battery recycling companies
Jaguar Land Rover and South Korean conglomerate SK Group are among the investors putting more than $300 million into Ascend Elements, a startup that aims to serve an emerging center of battery production in the Southeastern U.S.
SK ecoplant Invests $50 Million in Ascend Elements
SK ecoplant’s $50 million investment will help accelerate the commercialization of Ascend Elements’ innovative Hydro-to-Cathode™ direct precursor synthesis technology, which quickly and efficiently transforms recycled lithium-ion batteries and manufacturing scrap into high-performance, customized EV battery cathode precursor and cathode active materials.
Made (and recycled) in America; How the lithium-ion battery manufacturing and recycling industry advances U.S. national interests
Building a domestic EV battery manufacturing and recycling infrastructure in the United States is essential to America’s long-term energy independence.
Q&A with CEO Mike O’Kronley
Ascend Elements CEO Mike O’Kronley answers questions on a wide variety of EV battery recycling topics
New Details of Hydro-to-Cathode™ EV Battery Recycling and Engineered Materials Technology
Beyond recovering 98% of critical elements in used lithium-ion batteries, Ascend Elements uses microstructure engineering techniques to adjust the elemental crystal structure of new cathode material to precise customer specifications
CEO Mike O’Kronley and Ascend Elements Featured on CNBC’s “Clean Start” Series
Massachusetts-based Ascend Elements, has developed a process to capture battery metals and formulate them into new battery materials, rather than just recycle whole components as competitors do. Ascend can then sell those materials directly to manufacturers.
Ascend Elements to Recycle Lithium-ion Battery Manufacturing Scrap for SK Battery America
Ascend Elements’ Covington, Georgia facility will recover 98% of battery materials and return critical elements to the battery supply chain.
Ascend Elements Co-Founders and Worcester Polytechnic Institute Win AUTM Better World Award
Congratulations to Worcester Polytechnic Institute’s Todd Keiller and Ascend Elements co-founders Prof. Yan Wang and Eric Gratz for winning AUTM’s Better World Project award for 2022! This award program highlights the global impact of research commercialization and the vital role that technology transfer plays in that process. With a record-breaking 1,000 votes, Drs. Wang and Gratz won for their lithium-ion battery recycling process […]
Ascend Elements to Produce Premium Cathode Active Materials for Navitas Systems
WESTBOROUGH, Mass. (January 31, 2022) — Ascend Elements, the vertically integrated lithium-ion battery recycling and engineered-materials company previously known as Battery Resourcers, today announced it has entered into a contract with Navitas Systems, a U.S. leader in comprehensive energy storage solutions and a U.S. Department of Defense (DoD) contractor. According to the contract, U.S.-based Ascend […]
Ascend Elements Featured on Automotive News TV
An Automotive News TV segment featured Ascend Elements on January 25, 2022. First Shift host, Tom Worobec, explained automakers plan to spend $515 billion over the next 5 to10 years to build battery powered vehicles. This leads to the question of what will happen to used batteries and waste from the battery production process. In […]
NPR Member Station WBUR Boston Visits Ascend Elements
WBUR Boston’s Bruce Gellerman visited Ascend Elements in Westborough, Mass. recently for an in-depth segment on lithium-ion battery recycling. The segment begins by identifying the important elements needed in electric vehicles, as well as the supply chain challenges that go along with them. Ascend Elements co-founders Yan Wang and Eric Gratz were featured in the […]