[REVISION HISTORY]
Sila Nano US Battery Expansion and Pentagon Loan
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2026-08-08 00:42 UTC → 2026-08-09 09:33 UTC ·
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In late July 2026, Sila Nano announced a $300 million private‑equity private-equity round led by Atreides Management and Sutter Hill Ventures to fund Phase 2 of its Moses Lake, Washington plant, which began operating in 2025 with a 2 GWh annual capacity. plant. The expansion is intended aims to raise output to as much as 250 GWh within five years and to accelerate production of the company’s silicon‑carbon anode material, its Titan Silicon, bolstering the domestic EV supply chain. Silicon anode material. In early August, the U.S. Department of Defense announced issued a conditional loan commitment of up to $1.4 billion to support further the expansion of Sila’s silicon‑carbon silicon-carbon anode and lithium‑ion lithium-ion battery cell facilities at Moses Lake, including Lake. This funding includes the construction of a new cell plant designed for specialty applications applications, such as industrial, agricultural agricultural, and military drones. The loan is framed drones, as a move to strengthen domestic supply chains for well as markets involving energy storage, AI, data centers and defense‑critical battery components, complementing the earlier private‑equity funding. data centers. The loan, administered by the Pentagon’s Office of Strategic Capital, also aligns with the Trump administration’s policy to onshore critical materials and reinforce the U.S. defense industrial base. base by reducing reliance on foreign sources for vital battery components.
Versions
- 2026-08-09 09:33 UTC Sila Nano US Battery Expansion and Pentagon Loan
- 2026-08-08 00:42 UTC Sila Nano US Battery Expansion and Pentagon Loan
- 2026-08-07 22:23 UTC Sila Nano US Battery Expansion and Pentagon Loan
- 2026-07-29 15:09 UTC Sila Nano US Battery Expansion
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