About XALT Energy
XALT Energy is a company based in Midland (United States) founded in 2009 was acquired by Freudenberg Sealing Technologies in February 2019. The company has 262 employees as of December 31, 2022. XALT Energy operates in a competitive market with competitors including 24m Technologies, Enovix, QuantumScape, Farasis Energy and Amprius Technologies, among others.
- Headquarter Midland, United States
- Employees 262 as on 31 Dec, 2022
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Sectors
Energy & Utilities
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Email
Locked
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Phone
Locked
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Website
Locked
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Social
Locked
- Legal Name Xalt Energy, Llc
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Latest Funding Round
$6.94 M (USD), Grant
Sep 28, 2011
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Investors
Freudenberg Sealing Technologies
& 2 more
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Employee Count
262
as on Dec 31, 2022
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Acquired by
Freudenberg Sealing Technologies
(Feb 04, 2019)
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Funding Insights of XALT Energy
Investors in XALT Energy
XALT Energy has secured backing from 3 investors, including institutional investors. Prominent investors backing the company include Freudenberg Sealing Technologies, Military Health and OSTI.GOV.
| Investor | Description | Founded Year | Domain | Location |
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Administers health care and support for military personnel and operations.
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Scientific and technical information is managed and disseminated by OSTI.GOV.
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Dynamic seals and wipers are manufactured for industrial applications.
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Investor details for XALT Energy
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Investments & Acquisitions by XALT Energy
Investment portfolio details for XALT Energy
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Financial Statements - XALT Energy
Detailed financials for XALT Energy
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Xalt Energy Comparisons
Peer comparison for XALT Energy
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Competitors of XALT Energy
XALT Energy operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as 24m Technologies, Enovix, QuantumScape, Farasis Energy and Amprius Technologies, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Semi-solid lithium-ion batteries are developed to address manufacturing issues.
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Lithium-ion battery cells are developed with 3D silicon anode technology.
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Solid-state lithium-metal batteries are manufactured with anode-less cell design.
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Farasis Energy is engaged in sustainable energy solutions development.
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Silicon nanowire-based Li-Ion batteries are developed for high energy density.
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Lithium-ion batteries for electric vehicles are manufactured by Britishvolt.
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Detailed competitors of XALT Energy
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Latest news on Xalt Energy
Complete news archive for XALT Energy
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Frequently Asked Questions about XALT Energy
XALT Energy was founded in 2009 and raised its 1st funding round 1 year after it was founded.
XALT Energy is headquartered in Midland, United States. It is registered at Midland, Texas, United States.
As of Dec 31, 2022, the latest employee count at XALT Energy is 262.
XALT Energy was founded in 2009 and is based in Midland, United States. Operations focus on the energy storage sector, where lithium-ion cells are manufactured at a capacity of several megawatt hours. A full-scale pack assembly facility has been established alongside this. Energy storage systems are applied in hybrid and electric commercial trucks, buses, heavy-duty marine propulsion, and stationary grid uses.
XALT Energy's top competitors include 24m Technologies, Enovix and Farasis Energy.
XALT Energy has 3 investors. Key investors include Freudenberg Sealing Technologies, Military Health, and OSTI.GOV.