What Inmatech does

Inmatech, Incorporated is a privately held, Ann Arbor, Michigan-based developer of next-generation supercapacitor energy storage devices founded in 2010–2011 by University of Michigan researchers. The company's cells and modules are built around proprietary nanostructured vanadium nitride (VN) electrodes, non-flammable aqueous electrolytes, and an asymmetric cell architecture, with public claims of approximately three times the energy density and one-tenth the cost of competing commercial supercapacitors. The product portfolio includes a core next-generation supercapacitor, a 12V hybrid energy storage device targeting automotive start-stop systems, and a three-cell supercapacitor module for battery-boosting applications.

Inmatech targets three primary end-markets: automotive (start-stop systems, hybrid and battery electric vehicles, with Tier 1 supplier and OEM partnerships in pursuit), smart grid/utility (load following and peak power buffering for renewables), and defense (soldier power systems, extended-range vehicles, electromagnetic armor, and exoskeletons, anchored by a 2021 MOU with Teledyne Scientific). Its revenue model combines B2B hardware sales of alpha-cells and modules, technology licensing of its patents, and government-funded co-development. Pricing is not publicly disclosed and appears to be quote-based, multi-year B2B contracting with OEMs, defense agencies, and utilities.

The company is IP-rich but commercially early-stage. It holds two granted U.S. patents (5,680,292 and 5,837,630) on nitride- and carbide-based supercapacitors and an exclusive license option from the University of Michigan for asymmetric cell design. Strategic partners include Fraunhofer USA (packaging), PIDC (vanadium nitride production), the University of Michigan Office of Technology Transfer, ALTe (light commercial vehicle hybrid powertrains), and Teledyne Scientific (DoD applications). Funding to date consists of NSF SBIR Phase I and Phase II grants, multiple Michigan state competition awards, a 2014 private round of $1.5 million, and a 2017 round of $300,000; revenue is not publicly disclosed.

Name

Inmatech

Legal name

Inmatech, Incorporated

Website

https://inmatech-inc.com

Company type

Private

Founded year

2011

Operating status

Operating

Headcount range

1–10 employees

Short description

Inmatech develops next-generation supercapacitor cells and modules using proprietary vanadium nitride electrodes and aqueous electrolytes, serving automotive, smart grid, and defense customers via B2B hardware sales, licensing, and government-funded co-development.

Ownership category

akta.pro rank

Product category

Energy Storage / Supercapacitors

NAICS

Battery Manufacturing (33591)

SIC

Electrical Industrial Apparatus (3620)

akta.pro primary industry

Cell Manufacturing (Cylindrical, Prismatic, Pouch) (EUAFABAG)

akta.pro secondary industries

Battery Modules & Packs (Industrial/Commercial pack assembly) (IMAGAHAB), Battery Pack Manufacturing & Module Assembly (EUAFABAI), Battery & Energy Storage High-Purity Chemicals (Electrolyte salts/solvents, additives) (IMAEAKAM)

Keywords

• Supercapacitor energy storage
• Nanostructured electrode materials
• Aqueous electrolyte batteries
• Hybrid energy storage devices
• Automotive power management

Headquarters

HQ city

Ann Arbor

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Supercapacitor Hardware Sales: Sale of next-generation supercapacitor devices, cells, and modules to automotive manufacturers, defense agencies, and smart grid operators. The company aims to commercialize through production of alpha-cells and modules for car manufacturers.
2. Technology Licensing: Licensing of proprietary supercapacitor technology including nitride and carbide-based supercapacitor patents (U.S. Patents 5,680,292 and 5,837,630) and exclusive license options for asymmetric cell design from University of Michigan.
3. Strategic Partnerships and Co-development: Revenue through strategic partnerships including development funding from government grants (NSF SBIR), co-development agreements with partners like Fraunhofer USA and PIDC, and technology validation services.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels4 records

Core offering

Inmatech designs, develops, and commercializes next-generation supercapacitor cells and modules built on proprietary nanostructured vanadium nitride (VN) electrodes with safe, non-flammable aqueous electrolytes and an asymmetric cell architecture. The company supplies alpha-cells and modules to automotive OEMs, Tier 1 automotive suppliers, defense agencies, and smart grid/utility operators, and licenses its underlying materials and cell-design patents.

Product overview

Inmatech offers a portfolio of next-generation supercapacitor products based on proprietary low-cost nanostructured vanadium nitride electrodes, aqueous (non-flammable) electrolytes, and asymmetric cell architecture. The core offering is the Next Generation Supercapacitor, which is complemented by application-specific variants including the 12V Hybrid Energy Storage Device for automotive start-stop systems and the Three-cell Supercapacitor Module for battery boosting applications. All products target the energy storage market with focus on automotive, smart grid/utility, and defense applications.

Differentiator

Problem solved

Functional benefit

Products and services

• Next Generation Supercapacitor

Quantifiable outcome

• Three times higher energy storage density compared to other commercial supercapacitors
• +3 more outcomes

Named customers1 record

Segments3 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Five partnerships are on record, tiered core.

• Teledyne Scientific CompanycoreStrategic or Co-development Partner · 26 February 2021Inmatech signed a Memorandum of Understanding with Teledyne Scientific Company on February 26, 2021 to deliver high performance power systems such as common energy storage modules for DoD multi-domain, multi-platform applications.
• Fraunhofer USAcoreTechnology or IntegrationStrategic partner developing new packaging technologies tailored to specific requirements of advanced supercapacitors. Fraunhofer brings extensive expertise in electrode sizing, cell and module assembly for energy storage devices, and laser processing technology for customized assembly processes.
• PIDC (Pacific Industrial Development Corporation)coreTechnology or IntegrationStrategic partner developing Vanadium Nitride production processes and providing materials in large quantity with significant cost and performance advantages compared to commercially available materials for energy storage.
• University of Michigan Office of Technology TransfercoreStrategic or Co-development PartnerUniversity of Michigan helps Inmatech leverage commercial potential through licensing agreements, investment attraction, technology scale-up, and seamless integration into marketplace. Inmatech's leadership team was formed through the university.
• ALTecoreStrategic or Co-development PartnerALTe is the developer of the first range-extended plug-in electric hybrid powertrain for light commercial vehicles. Inmatech provides next-generation supercapacitor technology as a supplier to help ALTe reduce cost and improve performance of its electric hybrid powertrains.

Scale indicators6 records

Recent moves6 records

Expansion highlights5 records

Emerging players

• Solid Power: Solid Power is a U.S.-headquartered developer of solid-state lithium-metal battery cells targeting automotive and military customers via strategic partnerships. It is an emerging player comparable to Inmatech because both are materials-driven U.S. energy storage developers pursuing automotive OEM design-wins and defense-funded programs as their primary commercialization path.

Broad incumbents

• Eaton: Eaton is a global power management company with a meaningful supercapacitor module business serving automotive start-stop, heavy-duty truck, and industrial power applications. It is a broad incumbent comparable to Inmatech because Eaton is one of the established Tier 1 suppliers selling automotive-grade supercapacitor modules into the very start-stop and hybrid programs Inmatech targets.
• EnerSys: EnerSys is a large publicly-traded industrial battery company with a portfolio spanning reserve power, motive power, and increasingly energy storage including hybrid battery/supercapacitor products. It is a broad incumbent comparable to Inmatech because it sells into automotive, defense, and grid customers adjacent to supercapacitor applications and represents the kind of strategic acquirer or competitor Inmatech will face at scale.
• A123 Systems (Wanxiang): A123 Systems is a lithium-ion battery cell and systems company acquired by Wanxiang after emerging from bankruptcy, focused on automotive and grid storage. It is a broad incumbent comparable to Inmatech because A123 is the prior employer (via acquisition of T/J Technologies co-founded by Inmatech Chairman Levi Thompson) of similar materials-driven advanced battery technology now sold into automotive and grid customers.
• Maxwell Technologies (Tesla): Maxwell Technologies was the dominant legacy supercapacitor manufacturer serving automotive, wind turbine, and UPS markets, and was acquired by Tesla in 2019. It is a broad incumbent comparable to Inmatech because it sells supercapacitor cells and modules into the same automotive and grid applications and defined the cost/performance benchmark Inmatech's technology purports to beat.

Direct peers

• Yunasko: Yunasko is a Ukraine-based supercapacitor cell and module developer focused on transportation and industrial energy storage markets. It is a direct peer to Inmatech as a smaller supercapacitor specialist competing on energy density and cost in automotive and stationary storage applications.
• CAP-XX: CAP-XX is an Australia-listed developer and manufacturer of small-form-factor supercapacitors targeting portable electronics, IoT, and energy-harvesting applications. It is comparable to Inmatech as a focused supercapacitor pure-play selling proprietary cells/modules and competing on energy density and cost in similar industrial and transportation use cases.
• Skeleton Technologies: Skeleton Technologies is a leading European supercapacitor and ultracapacitor manufacturer producing cells and modules for automotive, transportation, grid, and industrial applications. It is the most direct comparable to Inmatech because both compete in stationary, automotive, and grid energy storage with cell-and-module-level supercapacitor products, and both emphasize cost and performance advantages over incumbent commercial supercapacitors.
• LS Mtron: LS Mtron is a Korean manufacturer of supercapacitor cells and modules sold globally to automotive, industrial, and energy customers. It is comparable to Inmatech as a major non-U.S. supercapacitor cell/module vendor pursuing automotive start-stop and industrial energy-storage applications with similar Go-to-market through OEM and Tier 1 channels.
• Ioxus: Ioxus is a U.S.-based supercapacitor and module manufacturer focused on transportation (rail, hybrid buses, automotive start-stop) and grid/power quality applications. It is a direct peer to Inmatech because both sell supercapacitor modules to transportation and industrial customers emphasizing cycle life, power density, and cost.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks7 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/inmatech-inc.

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Funding overview

Funding rounds4 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 Inmatech