Altech Batteries

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.

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

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

• Solid state batteries
• Grid energy storage
• Sodium chloride batteries
• Ceramic electrolyte technology
• Battery manufacturing

Headquarters

HQ city

Subiaco

HQ country

Australia

HQ region

Oceania

Offices2 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. 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

Core 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

Segments2 records

Ideal customer profiles1 record

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Two partnerships are on record, tiered core.

• Fraunhofer IKTScoreStrategic or Co-development PartnerJoint 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 AGcoreStrategic or Co-development PartnerAssociated 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

Direct 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

• Xx.com/altechchemicals
• Facebookfacebook.com/AltechChemicals
• LinkedInlinkedin.com/company/altechbatteries

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries1 record

Funding overview

Funding rounds8 records

Investors2 records

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 Altech Batteries