iM3NY
iM3NY (Imperium3 New York) is a U.S. lithium-ion battery cell manufacturer, building a Gigawatt-scale Gigafactory in Endicott, NY to serve EV and energy storage customers. It is a subsidiary of Magnis Energy Technologies.
- Company typePrivate
- Founded2018
- HeadquartersEndicott, United States
- Headcount51–100
- GTM typeB2B
- OfferingHardware or Manufacturing
What iM3NY does
iM3NY (Imperium3 New York) is a U.S.-based startup engaged in the manufacturing of lithium-ion battery cells, with its headquarters and a Gigawatt-scale Gigafactory under construction in Endicott, New York. The company was founded in 2018 and operates as a subsidiary of Magnis Energy Technologies Limited (ASX: MNS), an Australian-listed strategic operating parent that provides the technology foundation and corporate backing for the venture. iM3NY's core technology centers on lithium-ion battery cell production intended for electric vehicle and stationary energy storage applications, targeting the domestic U.S. battery supply chain market. As of the most recent source data, the company remains in a pre-commercial buildout phase with the factory still under construction and no named product SKUs, customer contracts, or commercial distribution channels disclosed.
The business model is anchored on large-scale cell manufacturing rather than direct-to-consumer sales; pricing is not publicly disclosed and no go-to-market motion, named customers, or distribution channels are identified in the available sources. Revenue mechanics are therefore not yet observable. Capital formation has been the primary operating activity: iM3NY has raised approximately US$208.5 million across debt and equity rounds between January 2020 and April 2022, including a US$100 million three-year intellectual property-based financing arrangement closed in April 2022 with Atlas Credit Partners and Aon. The use of IP as collateral signals that the company holds a defensible intangible asset base, though specific patents, certifications, or production milestones are not disclosed in the input data.
iM3NY firmographics
Firmographics- Name
- iM3NY
- Legal name
- Imperium3 New York (iM3NY)
- Website
- https://im3ny.com
- Company type
- Private
- Founded year
- 2018
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- iM3NY (Imperium3 New York) is a U.S. lithium-ion battery cell manufacturer, building a Gigawatt-scale Gigafactory in Endicott, NY to serve EV and energy storage customers. It is a subsidiary of Magnis Energy Technologies.
- Ownership category
- akta.pro rank
iM3NY industry classification
Industry- Product category
- Lithium-ion Battery Manufacturing
- NAICS
- Battery Manufacturing (33591)
- SIC
- Electronic & Other Electrical Equipment (No Computer Equip) (3600)
- akta.pro primary industry
- Battery Cell Manufacturing (EV) (IMACACAB)
- akta.pro secondary industries
- Battery Cells (Li-ion, LFP, Sodium-ion, Lead-acid, NiMH) (IMAGAHAA), Battery Pack Manufacturing & Module Assembly (EUAFABAI)
Keywords
Where iM3NY is headquartered
LocationHeadquarters
- HQ city
- Endicott
- HQ country
- United States
- HQ region
- North America
Markets served
iM3NY business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Supply Chain, Infrastructure, Operations, Technology or R&D, Personnel
iM3NY product offering
Product offeringCore offering
iM3NY (Imperium3 New York) manufactures lithium-ion battery cells at a Gigawatt-scale factory in Endicott, New York. The company supplies battery cells for electric vehicle and energy storage applications, with parent company Magnis Energy Technologies providing the underlying technology foundation. The factory is in the construction/development phase and is intended to produce cells at scale for the U.S. EV supply chain and stationary storage markets.
Product overview
iM3NY (Imperium3 New York) is a subsidiary of Magnis Energy Technologies focused on lithium-ion battery manufacturing. The company is constructing a Gigawatt-scale lithium-ion battery factory in New York. No specific named product offerings, modules, or sub-products are detailed in the available source material.
Differentiator
Problem solved
Functional benefit
Products and services
- Lithium-ion battery cells
Companies that use iM3NY
Customer profileIdeal customer profiles2 records
iM3NY technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
iM3NY partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- Magnis Energy TechnologiescoreMagnis Energy Technologies is the parent company and sole owner of iM3NY (Imperium3 New York). The subsidiary relationship provides corporate backing, technology access, and strategic direction for the battery manufacturing venture.
Scale indicators3 records
Expansion highlights3 records
iM3NY competitors and assessment
Company assessmentDirect peers
- KORE Power: KORE Power is a US-based lithium-ion battery cell manufacturer building gigawatt-scale production facilities (KOREplex in Arizona). It directly competes with iM3NY in the US domestic battery cell manufacturing space targeting EV and energy storage markets.
- Microvast: Microvast is a publicly traded lithium-ion battery cell and pack manufacturer with US manufacturing operations. It directly competes with iM3NY in producing lithium-ion cells for commercial vehicle, EV, and energy storage applications in North America.
- EnerSys: EnerSys is a US-based industrial battery manufacturer producing lithium-ion and other battery technologies for motive power, reserve power, and aerospace/defense. It competes with iM3NY in industrial and commercial lithium-ion battery markets.
- American Battery Solutions: American Battery Solutions designs and manufactures lithium-ion battery packs and modules for EVs, industrial, and grid storage in the US. It directly competes with iM3NY in the US lithium-ion battery manufacturing space.
Emerging players
- Solid Power: Solid Power is a US-based battery developer focused on solid-state technology with major OEM partnerships (BMW, Ford). It represents both a competing next-generation battery technology and an alternative US-based battery investment narrative to iM3NY.
- FREYR Battery: FREYR Battery is a Norway-headquartered lithium-ion battery cell manufacturer building gigawatt-scale production in the US (Georgia). It competes with iM3NY in the US gigafactory race targeting EV and ESS customers.
- Our Next Energy (ONE): Our Next Energy is a Michigan-based battery technology company developing advanced lithium-ion and LFP cells for EVs and storage. It represents a comparable US-based battery cell startup targeting similar OEM and ESS customers as iM3NY.
Broad incumbents
- LG Energy Solution: LG Energy Solution is one of the world's largest lithium-ion battery manufacturers with US gigafactories (joint ventures with GM, Stellantis). As a broad incumbent, it represents the dominant competitive force iM3NY must displace in the US market.
- SK On: SK On is a major global lithium-ion battery cell manufacturer with multiple US gigafactories under construction in partnership with Ford and others. It directly competes with iM3NY for US OEM supply contracts and represents a formidable incumbent.
- Samsung SDI: Samsung SDI is a global lithium-ion battery cell manufacturer with US operations including a joint venture with Stellantis. It competes broadly with iM3NY in automotive and energy storage battery cell markets.
Market position
Strengths4 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
iM3NY financial estimates
Financial estimateRevenue estimate
Valuation estimate
iM3NY leadership team
Management profileNumber of profiles
Profiles4 records
iM3NY funding detail
Funding detailFunding overview
Funding rounds5 records
Investors4 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
iM3NY M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about iM3NY
What does iM3NY do?
iM3NY (Imperium3 New York) manufactures lithium-ion battery cells at a Gigawatt-scale factory in Endicott, New York. The company supplies battery cells for electric vehicle and energy storage applications, with parent company Magnis Energy Technologies providing the underlying technology foundation. The factory is in the construction/development phase and is intended to produce cells at scale for the U.S. EV supply chain and stationary storage markets.
Is iM3NY a public or private company?
iM3NY is a private company. It is classified as corporate owned and is currently operating.
When was iM3NY founded?
iM3NY was founded in 2018. It employs 51 to 100 people.
Where is iM3NY based?
iM3NY is headquartered in Endicott, United States, in the North America region.
Who are iM3NY's main competitors?
Direct peers on record are KORE Power, Microvast, EnerSys and American Battery Solutions. Emerging players are Solid Power, FREYR Battery and Our Next Energy (ONE). Broad incumbents are LG Energy Solution, SK On and Samsung SDI.
Does iM3NY have an API?
No public API is recorded for iM3NY.
What industry is iM3NY in?
iM3NY's product category is Lithium-ion Battery Manufacturing. Its primary akta.pro industry code is IMACACAB, Battery Cell Manufacturing (EV), with a secondary code of IMAGAHAA, Battery Cells (Li-ion, LFP, Sodium-ion, Lead-acid, NiMH). Its NAICS code is 33591 and its SIC code is 3600.