Altech Batteries
Altech Batteries (ASX: ATC) is commercializing CERENERGY® sodium-chloride solid-state batteries through a German joint venture with Fraunhofer IKTS, building a 120 MWh plant to supply fire-proof 1 MWh GridPacks for European grid storage and UPS markets.
- Company typePublic
- Founded2007
- HeadquartersSubiaco, Australia
- Headcount1–10
- GTM typeB2B
- OfferingHardware or Manufacturing
What Altech Batteries does
Altech Batteries Ltd (ASX: ATC, also listed on the Frankfurt Stock Exchange) is an Australian public company commercializing Sodium Chloride Solid State (SCSS) battery technology under the CERENERGY® brand through a 75%-owned joint venture with Germany's Fraunhofer IKTS battery institute. The company is constructing a 120 MWh production facility in Schwarze Pumpe, Saxony, Germany, designed to manufacture 1 MWh GridPack units for sale to European grid utilities and UPS customers. The underlying chemistry uses sodium (common table salt) and a high-purity alumina ceramic solid-state electrolyte, deliberately eliminating lithium, graphite, copper, and cobalt; the company positions the resulting battery as fire-proof and immune to critical-metal supply-chain volatility.
Altech is pre-commercial with no disclosed revenue and no publicly disclosed pricing. Its go-to-market relies on direct enterprise sales from a single German manufacturing site to European grid operators and utilities as coal generation retires across the region. The registered office and corporate headquarters are in West Perth, Western Australia. Capital intensity is high: a conditional €46 million STARK programme grant from the German federal government covers approximately 30% of eligible investment costs for the CERENERGY facility, and management has supplemented this with periodic equity raises, including a discounted A$6 million placement at A$0.045 per share in October 2025. Altech's stated target is to secure full project financing by mid-2026 to advance the facility toward commercial production.
Altech Batteries firmographics
Firmographics- Name
- Altech Batteries
- Legal name
- Altech Batteries Ltd
- Website
- https://altechchemicals.com
- Company type
- Public
- Founded year
- 2007
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Altech Batteries (ASX: ATC) is commercializing CERENERGY® sodium-chloride solid-state batteries through a German joint venture with Fraunhofer IKTS, building a 120 MWh plant to supply fire-proof 1 MWh GridPacks for European grid storage and UPS markets.
- Ownership category
- akta.pro rank
Altech Batteries industry classification
Industry- Product category
- Grid-scale Energy Storage Batteries
- NAICS
- Battery Manufacturing (33591)
- SIC
- Electronic & Other Electrical Equipment (No Computer Equip) (3600)
- akta.pro primary industry
- Battery Modules & Packs (Industrial/Commercial pack assembly) (IMAGAHAB)
- akta.pro secondary industries
- Solid-State Battery Materials & Cell Manufacturing (EUAFABAH), UPS Batteries & Energy Storage Modules (HDACAJAE)
Keywords
Where Altech Batteries is headquartered
LocationHeadquarters
- HQ city
- Subiaco
- HQ country
- Australia
- HQ region
- Oceania
Offices2 records
Markets served
Altech Batteries business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Technology or R&D, Infrastructure, Personnel, Supply Chain, Operations
Revenue model
- CERENERGY GridPacks Sales: Manufacturing and selling 1MWh GridPacks produced from the 120 MWh solid state sodium chloride battery production plant in Germany for European grid energy storage applications.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels5 records
Altech Batteries product offering
Product offeringCore offering
Altech Batteries is developing and commercializing the CERENERGY® Sodium Chloride Solid State (SCSS) battery, a fire-proof grid-scale energy storage product using a high-purity alumina ceramic solid-state electrolyte instead of lithium, graphite, copper or cobalt. The flagship commercial unit is the 1MWh CERENERGY® GridPack, targeted at European grid utilities and storage operators, with planned production of up to 120 MWh per year from a manufacturing facility in Schwarze Pumpe, Germany, built under a 75/25 joint venture with Fraunhofer IKTS and supported by €46 million of German federal STARK programme funding.
Product overview
Altech Batteries Ltd is commercialising a 120 MWh solid state sodium chloride battery production facility to produce 1MWh GridPacks for the European grid energy market. The company's primary product is the CERENERGY® Solid State (SCSS) Battery, which uses sodium-chloride chemistry with high-purity alumina ceramic solid state electrolyte. The batteries are lithium, graphite, copper, and cobalt-free, targeting grid storage and UPS applications. The production facility is a joint venture with Fraunhofer IKTS, situated at Altech's site in Schwarze Pumpe, Saxony, Germany, with Altech holding 75% ownership.
Differentiator
Problem solved
Functional benefit
Brands
- CERENERGY®: Solid State Sodium Chloride (SCSS) Battery brand name for grid storage and UPS applications, producing 1MWh GridPacks for the European grid energy market.
Products and services
- CERENERGY® 1MWh GridPack
Quantifiable outcome
- 120 MWh annual production capacity planned for the German manufacturing facility
- +1 more outcomes
Companies that use Altech Batteries
Customer profileSegments2 records
Ideal customer profiles1 record
Altech Batteries technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
Altech Batteries partnerships and signals
Strategic signalPartnerships
Two partnerships are on record, tiered core.
- Fraunhofer IKTScoreJoint venture partnership with leading German battery institute Fraunhofer IKTS to commercialize the Sodium Chloride Solid State (SCSS) Battery. Fraunhofer provides technical expertise and research capabilities while Altech commercializes the technology. The JV is majority owned 75% by Altech and Altech Advanced Materials AG.
- Altech Advanced Materials AGcoreAssociated entity that together with Altech Batteries holds 75% majority ownership of the joint venture company commercializing the 100 MWh SCSS battery project in Germany.
Scale indicators4 records
Recent moves5 records
Expansion highlights5 records
Altech Batteries competitors and assessment
Company assessmentDirect peers
- Natron Energy: US-based developer of sodium-ion batteries targeting data center backup and industrial stationary storage, making it a direct chemistry-and-use-case analog to Altech's CERENERGY® sodium-chloride grid and UPS play.
- ESS Inc: US-listed iron flow battery company commercializing long-duration storage for utilities and UPS applications — a comparable stationary grid/UPS-focused, non-lithium chemistry storage manufacturer competing for similar European utility RFPs.
Emerging players
- Faradion: UK-based sodium-ion battery technology company (acquired by Reliance) developing low-cost, safer sodium-ion cells for mobility and stationary storage — overlapping with Altech's sodium-based stationary storage focus though using a different sodium-ion chemistry.
- Altris: Swedish sodium-ion battery developer building European manufacturing capacity for stationary and mobility applications, directly comparable as a Europe-headquartered sodium-chemistry challenger targeting utility-scale storage.
- Tiamat: French sodium-ion battery startup developing cells for mobility and stationary storage, comparable to Altech as a European sodium-chemistry challenger targeting grid and industrial customers.
- QuantumScape: US solid-state battery developer focused on automotive lithium-metal cells; comparable to Altech as a solid-state battery commercialization story, though addressing mobility rather than grid storage.
- Solid Power: US solid-state battery developer with automotive focus (partnerships with BMW, Ford, etc.); comparable to Altech as another publicly-listed solid-state battery commercialization effort, though aimed at EVs rather than grid storage.
Broad incumbents
- CATL: World's largest battery manufacturer with active sodium-ion programs and broad grid/storage offerings; comparable to Altech as a competitor in sodium-based grid storage, but with vastly greater scale and a multi-chemistry portfolio.
- BYD: Chinese battery and EV giant with sodium-ion development and significant grid/storage offerings; comparable as an incumbent battery manufacturer pursuing sodium-ion chemistries that compete with Altech's differentiated sodium-chloride approach.
Others
- Fraunhofer IKTS: Altech's joint venture partner and one of Europe's leading battery research institutes; relevant as the technology incubator and technical credibility layer behind CERENERGY® rather than a direct commercial competitor.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat4 records
Key risks5 records
Key highlights5 records
Customer concentration
Altech Batteries social profiles
Digital presenceAltech Batteries financial estimates
Financial estimateRevenue estimate
Valuation estimate
Altech Batteries leadership team
Management profileNumber of profiles
Profiles1 record
Altech Batteries subsidiaries and ownership
Company hierarchySubsidiaries1 record
Altech Batteries funding detail
Funding detailFunding overview
Funding rounds8 records
Investors2 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Altech Batteries 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 Altech Batteries
What does Altech Batteries do?
Altech Batteries is developing and commercializing the CERENERGY® Sodium Chloride Solid State (SCSS) battery, a fire-proof grid-scale energy storage product using a high-purity alumina ceramic solid-state electrolyte instead of lithium, graphite, copper or cobalt. The flagship commercial unit is the 1MWh CERENERGY® GridPack, targeted at European grid utilities and storage operators, with planned production of up to 120 MWh per year from a manufacturing facility in Schwarze Pumpe, Germany, built under a 75/25 joint venture with Fraunhofer IKTS and supported by €46 million of German federal STARK programme funding.
Is Altech Batteries a public or private company?
Altech Batteries is a public company. It is classified as public and is currently operating.
When was Altech Batteries founded?
Altech Batteries was founded in 2007. It employs 1 to 10 people.
Where is Altech Batteries based?
Altech Batteries is headquartered in Subiaco, Australia, in the Oceania region.
How does Altech Batteries make money?
One revenue line is on record: CERENERGY GridPacks Sales.
Who are Altech Batteries's main competitors?
Direct peers on record are Natron Energy and ESS Inc. Emerging players are Faradion, Altris, Tiamat, QuantumScape and Solid Power. Broad incumbents are CATL and BYD. Fraunhofer IKTS is listed as an others.
Does Altech Batteries have an API?
No public API is recorded for Altech Batteries.
What industry is Altech Batteries in?
Altech Batteries's product category is Grid-scale Energy Storage Batteries. Its primary akta.pro industry code is IMAGAHAB, Battery Modules & Packs (Industrial/Commercial pack assembly), with a secondary code of EUAFABAH, Solid-State Battery Materials & Cell Manufacturing. Its NAICS code is 33591 and its SIC code is 3600.