Name

Xerion Advanced Battery

Legal name

Xerion Advanced Battery Corp.

Website

https://xerionbattery.com

Company type

Private

Founded year

2010

Operating status

Operating

Headcount range

1–10 employees

Ownership category

akta.pro rank

Product category

Battery Materials & Critical Minerals Refinement

NAICS

Battery Manufacturing (33591), Battery Manufacturing (335910)

SIC

Metal Mining (1000)

akta.pro primary industry

Battery Raw Materials Mining & Refining (Lithium, Nickel, Cobalt, Manganese, Graphite) (EUAFABAA)

akta.pro secondary industries

Lithium Mining & Brine Extraction (IMAKAFAA), Battery Cells (Li-ion, LFP, Sodium-ion, Lead-acid, NiMH) (IMAGAHAA), Solid-State Battery Materials & Cell Manufacturing (EUAFABAH)

Keywords

• Critical minerals refinement
• Battery electrode manufacturing
• Molten salt electrolysis
• Cobalt and gallium refining
• Lithium-ion battery components

Headquarters

HQ city

Dayton

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Personnel, Technology or R&D, Operations, Supply Chain, Infrastructure, Marketing or Sales

Revenue model

1. Critical Minerals Refinement: Xerion refines critical minerals including cobalt and gallium using its DirectPlate technology, selling high-purity refined metals to defense, aerospace, and semiconductor industries. The company achieves cost parity with Chinese suppliers while meeting US environmental standards.
2. Battery Electrodes: Xerion manufactures and sells advanced battery electrodes (LCO, LMO, NMC) with superior performance characteristics including 40% higher energy density. Targets aerospace, defense, consumer electronics, and EV manufacturers.
3. Licensing and Technology Partnerships: The company may pursue licensing arrangements for its DirectPlate platform technology to additional markets and applications, enabling broader deployment of its core innovations.

Go-to-market motion2 records

Distribution channels3 records

Marketing channels5 records

Core offering

Xerion Advanced Battery develops and manufactures critical-minerals (cobalt, gallium, lithium) and battery electrode products using its proprietary DirectPlate™ molten salt electroplating platform, which collapses metal refinement, battery material synthesis, and electrode deposition into a single continuous step. Its StructurePore™ electrode architecture enables 100%-active-material cathodes (LCO and related chemistries) with up to 40% higher energy density, and a ceramic redox membrane supports domestic lithium extraction from geothermal brine.

Product overview

Xerion Advanced Battery offers a proprietary battery technology platform built on two core patented technologies: DirectPlate™ (molten salt electrolysis for metal refining and electrodeposition) and StructurePore™ (porous metal foam electrode architecture). The platform enables single-step refinement of critical minerals (cobalt, gallium) and manufacturing of high-performance battery electrodes with up to 100% active material content, eliminating the need for binders and carbon additives used in legacy manufacturing. The company also developed ceramic redox membrane technology for geothermal lithium extraction. These technologies work together to provide a complete mine-to-battery supply chain solution with 40% lower carbon emissions than conventional manufacturing.

Differentiator

Problem solved

Functional benefit

Products and services

• DirectPlate™ Critical Minerals Refinement Proprietary DirectPlate™ molten salt electrolysis platform that combines a proprietary electrolyte with a continuous electroplating system to refine metals and synthesize/deposit battery electrode materials in a single device; applicable to 50+ critical minerals including cobalt and gallium. Sold/licensed to defense, aerospace, semiconductor, and battery-industry customers needing domestic supply.
• StructurePore™ Battery Electrode Architecture Novel battery electrode architecture using highly porous metal-foam structures with interconnected pores/channels that speed lithium-ion transport, lower internal resistance, and enable 100% active-material solid-state cathodes without binders or carbon additives.
• Cobalt Metal Refinement DirectPlate™-based single-step refinement process that transforms crude cobalt hydroxide directly into high-purity cobalt metal (>99% purity, >98% yield) from domestic and recycled sources, sold to defense, aerospace, and battery manufacturers.
• Gallium Metal Refinement DirectPlate™-based process to extract high-purity gallium metal directly from domestic ores and bauxite processing waste, sold to GaAs/Ga2O3 semiconductor and optoelectronics producers to address China's near-monopoly on gallium.
• LCO Battery Electrodes (Lithium Cobalt Oxide) Battery electrodes manufactured via DirectPlate™ electroplating at lower temperatures than legacy powder methods, enabling up to 100% active material content with no binders or carbon additives, supporting up to 40% higher energy density and 40% lower carbon emissions than conventional cells.
• Ceramic Redox Membrane Technology (Geothermal Lithium Extraction) Patented nanostructured ceramic redox membrane for selective lithium extraction from geothermal brines, offering up to 90% reduction in the cost and energy required for lithium extraction compared with conventional methods.

Quantifiable outcome

• 99%+ purity cobalt metal output with 98%+ yields
• +6 more outcomes

Named customers4 records

Segments5 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

Five partnerships are on record, tiered core and supporting.

• University of Illinois Urbana-ChampaigncoreStrategic or Co-development PartnerXerion was founded out of UIUC research. Ongoing partnership with Paul Braun's research group for battery technology development. Team includes co-founders and researchers from the university. Collaboration on DOE prize and continued R&D.
• Argonne National LaboratorysupportingStrategic or Co-development PartnerListed as partner on company website, indicating collaboration on battery technology research and development.
• Oak Ridge National LaboratorysupportingStrategic or Co-development PartnerListed as partner on company website, indicating collaboration on materials science and battery research.
• TechMetsupportingStrategic or Co-development PartnerStrategic partner in critical minerals space, shown in company partner logos.
• Idaho National LaboratorysupportingStrategic or Co-development PartnerINL working with US Critical Materials Corp on gallium refining technology testing, indicating industry collaboration on domestic critical minerals processing.

Scale indicators12 records

Recent moves8 records

Expansion highlights6 records

Direct peers

• Vulcan Energy Resources: Public company developing lithium extraction from European geothermal brine using direct lithium extraction (DLE) chemistry. Most direct comparable to Xerion's ceramic redox membrane technology for lithium-from-brine and the broader geothermal-feedstock approach to critical minerals.
• Lilac Solutions: Private DLE lithium extraction company using ion-exchange bead technology across multiple brine chemistries. Highly comparable to Xerion's lithium-from-brine business line on feedstock strategy and direct competition for downstream lithium off-take contracts.
• EnergyX: Private lithium extraction company developing DLE plus direct refining technologies with similar ambitions to displace incumbent supply chains. Comparable on critical-minerals platform narrative, large capital raises from strategic/financial investors, and US-shifted commercialization strategy.
• Standard Lithium: Public DLE company focused on lithium extraction from Smackover brines in Arkansas. Comparable to Xerion's lithium-from-brine strategy and shares the dependence on government/of-customer engagement and US feedstock access.
• MP Materials: Public US rare earth mining and refining company and operator of Mountain Pass. Closely comparable as a US-domiciled critical-minerals refiner pursuing policy-supported domestic supply, with a similar China-displacing strategic narrative and government customer relationships.
• Nano One Materials: Public Canadian company developing single-step, low-carbon cathode active materials (CAM) for lithium-ion batteries, including LFP and NMC. Comparable to Xerion's electrode business line on a simplified, low-emissions manufacturing approach to cathode materials and overlapping target OEMs.
• Ascend Elements: Private US battery materials company focused on recycled cathode active materials and precursor manufacturing. Comparable on US-domiciled critical-minerals/battery materials strategy, government support (DoD, DOE), and on supplying downstream battery OEMs with domestically sourced inputs.

Emerging players

• Solid Power: Public developer of solid-state battery technology with major automotive OEM partnerships (BMW, Ford, SK On). Comparable to Xerion's DARPA-funded solid-state battery line, both targeting high-energy-density defense and EV applications, but Solid Power is significantly further along the commercialization curve.

Broad incumbents

• Sila Nanotechnologies: Late-stage private developer of silicon-anode battery materials with established automotive customer wins (Mercedes, Panasonic). Comparable as a US-based, high-energy-density battery materials company serving consumer electronics and EV OEMs, but at a substantially larger scale and broader materials scope.
• Redwood Materials: Private US battery recycling and cathode-active-materials company building a closed-loop domestic supply chain for lithium, cobalt, and nickel. Comparable to Xerion on US critical-minerals supply chain narrative and customer base (Panasonic, Tesla, Toyota, Ford), but operates at significantly larger scale and broader scope.

Market position

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/xerion-advanced-battery-corp

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 records

Funding overview

Funding rounds3 records

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Xerion Advanced Battery