Lyten to acquire Cuberg's Battery Manufacturing Assets to expand Lithium-Sulfur Battery Production in the US
Acquiring Company
Lyten
Acquired Company
Cuberg
San JoseSan LeandroManufacturingEnergyRenewable EnergyManufacturingDescription
Lyten, the supermaterial applications company and world leader in lithium-sulfur batteries, announced its acquisition of Cuberg’s San Leandro lithium-metal battery manufacturing facility and cell making equipment. The acquisition aims to enable Lyten to convert the facility to lithium-sulfur and expand capacity to deliver up to 200 MWh of lithium-sulfur battery production in the Bay Area at full capacity. Additionally, the acquisition is part of Lyten's ongoing plan to invest up to $20M in 2025 to expand the San Leandro and San Jose facilities to deliver up to 200 MWh per year, at full capacity, of US manufactured Lithium-Sulfur batteries.
Quick answer
Lyten is acquiring Cuberg, announced November 13, 2024. Lyten is based in San Jose, California, United States.
- How much did Lyten pay for Cuberg?
- The deal value was not disclosed.
- What does Lyten do?
- Lyten was founded in 2015.
- Where are Lyten and Cuberg based?
- Lyten is based in San Jose, California, United States. Cuberg is based in San Leandro, California, United States.
- Who are the decision-makers at Lyten?
- Fundz holds 2 contacts at Lyten. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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Frequently asked
Who acquired Cuberg?
Cuberg was acquired by Lyten, based in San Jose. The deal was reported on November 13, 2024. Lyten was founded in 2015. Lyten is privately held and operates in Manufacturing.
When did Lyten acquire Cuberg?
Lyten's acquisition of Cuberg was reported on November 13, 2024. Lyten, the supermaterial applications company and world leader in lithium-sulfur batteries, announced its acquisition of Cuberg’s San Leandro lithium-metal battery manufacturing facility and cell making equipment. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Cuberg do?
Cuberg is the owner of the lithium-metal battery manufacturing facility and cell making equipment. It is privately held, operating in Manufacturing, and is based in San Leandro.
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