U.S-based graphene batteries developer Nanotech Energy is reportedly planning to expand its facilities and develop a 517-acre campus within the Tahoe Reno Industrial Center. The first building is slated to open in Q4 2022.
The high-volume facility will significantly increase Nanotech Energy’s manufacturing capacity to produce and scale its patented, non-flammable Graphene-Organolyte batteries and other graphene-powered products, including EMI (electromagnetic interference) shielding, transparent conducting electrodes, conductive inks, conductive adhesives and silver nanowires.
Nanotech Energy recently announced $64 million Series D funding at a $550 million post-Series D valuation. The Series D funding, led by Taiwan’s largest financial services company, Fubon Financial Holding Co, brought the total amount of funding raised to date by Nanotech Energy to $94.9 million.