What American Energy Technologies Company does

American Energy Technologies Company (AETC) is a privately held, woman-owned Illinois-based advanced materials manufacturer founded in 2009 by Dr. Mayya Barsukov. The company operates as one of only three US manufacturers of graphite for lithium-ion batteries and one of only two domestic producers making battery graphite end-to-end, with a 250-ton-per-year Wheeling, IL plant and a stated expansion plan to 7,500 TPY by 2030. Its portfolio spans specialty battery materials (spherical graphite, silicon-enhanced composites achieving record 1.18 g/cm³ tap density), activated carbon, high-temperature conductive coatings (operating up to 700°C), HPHT synthetic diamonds using CO2-derived MWCNT catalysts, ballistic armor, EMRG rail gun coatings, and customized primary and rechargeable battery cells across at least 15 chemistries.

AETC's technology stack centers on its proprietary Inverted Flow Sheet process, which simultaneously yields spherical anode graphite and a non-spherical cathodic co-product at ~100% yield versus 35-50% for incumbent Southeast Asian technologies, plus differentiated analytical capabilities such as Solid-ICP and a continuous electrothermal fluidized bed purification route. The company supports its manufacturing with ISO 9001:2008-certified analytical labs, battery cycling infrastructure, and engineering services for graphite and battery plant design. Its 2026 acquisition of SkyNano Technologies' IP and equipment assets further extends its carbon materials and synthetic diamond capabilities.

The business model is diversified across hardware sales (graphite powders, spherical graphite, batteries, coatings, synthetic diamonds, armor), professional services (engineering plant design, business development consulting, materials testing), and government/CRADA-funded research. Customers include approved automotive and specialty battery OEMs, the US Navy and DoD, national laboratories (Argonne, Lawrence Livermore, Brookhaven), academic institutions (Drexel, Georgia Tech, AIT), and international partners spanning Asia, Europe (including Israel and Ukraine), South America, Africa, Australia, and Canada. The company is sales-led, targets micro-niche high-technology segments, and generates over 25% of revenue internationally across roughly 50 active accounts.

Name

American Energy Technologies Company

Legal name

American Energy Technologies Company

Website

https://usaenergytech.com

Company type

Private

Founded year

2009

Operating status

Operating

Headcount range

1–10 employees

Short description

American Energy Technologies Company is a woman-owned Illinois manufacturer of advanced graphite, battery materials, high-temperature coatings, and synthetic diamonds. It serves automotive, defense, energy storage, and research customers as one of only three US Li-ion battery graphite producers.

Ownership category

akta.pro rank

Headquarters

HQ city

Glenview

HQ country

United States

HQ region

North America

Offices3 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Advanced Materials and Graphite Product Sales: Manufacturing and sale of graphite powders, spherical graphite, expanded graphite, activated carbon, and specialty carbon materials for batteries, coatings, and industrial applications
2. Battery Products: Production and sale of primary and rechargeable batteries including lithium primary, alkaline, zinc-air, lithium-ion in various form factors (coin, cylindrical, prismatic, pouch)
3. Functional Coatings and Paints: Conductive dispersions, corrosion protection coatings, EMI shielding coatings sold to battery manufacturers and industrial clients
4. Engineering Services: Process flow sheet development, P&ID creation, equipment selection, cost assessment for graphite and battery plant projects
5. Business Development Consulting: Marketing, new business development, and consulting services including ISO-compliant roadmaps for clients
6. Testing and Analytical Services: Materials characterization, battery testing, validation testing services for clients' materials

Go-to-market motion1 record

Distribution channels4 records

Marketing channels4 records

Core offering

American Energy Technologies Company (AETC) manufactures and sells advanced graphite and carbon materials, specialty battery materials, custom batteries (alkaline, lithium primary, zinc-air, lithium-ion), functional coatings (corrosion protection, conductive dispersions, EMRG rail coatings), HPHT synthetic diamonds, industrial catalysts, and ballistic armor. The company also provides engineering, analytical/testing, and business development consulting services to OEMs, defense agencies, and research institutions. AETC operates as a vertically integrated domestic supplier with manufacturing and R&D facilities in Illinois.

Product overview

American Energy Technologies Company (AETC) is a vertically integrated manufacturing company specializing in advanced materials, batteries, and functional coatings. The company operates as a diversified portfolio of specialized products organized into three core areas: (1) Battery and Energy Systems including Primary and Rechargeable Batteries, Specialty Battery Materials, Battery Parts, and Energy Systems; (2) Graphite and Carbon Materials including Graphite Powders, Activated Carbon, High-Temperature Technologies, and Synthetic Diamonds; (3) Industrial Technologies including Industrial Catalysts, Industrial Off-Gas Purification, Industrial Synthesis of New Materials, Conductive Dispersions, and EMRG Technology; and (4) Protective Coatings including Advanced Corrosion Protection, Anti-Tamper, and Ballistic Armor. Supporting these products are Advanced Analytics laboratory services and Engineering Services for plant design. AETC positions itself as one of only three US manufacturers of graphite for lithium-ion batteries and the only American company with industrial spheroidization capability, serving defense, aerospace, automotive, and industrial markets.

Differentiator

Problem solved

Functional benefit

Products and services

• Primary and Rechargeable Batteries Customized batteries and cells representing at least 15 commercially-viable cell chemistries, including alkaline, lithium primary, zinc-air, magnesium-air, and lithium-ion in coin, cylindrical, prismatic, and pouch form factors for commercial and specialty applications. Most products are customized for proprietary customer form factors.
• Specialty Battery Materials Spherical graphite, carbon-coated graphite, conductive carbons, catalysts, and specialty coatings for lithium-ion batteries with record tap density of 1.18 g/cm³ at d50 of 20 microns. Designed for advanced battery manufacturers requiring high-performance anode and cathode materials.
• Graphite Powders Advanced graphite powder processing including purification, grinding, sizing, spheroidization, doping, and surface-coating of natural crystalline flake, synthetic, and amorphous graphite for battery and industrial applications.
• Activated Carbon Synthesized using a continuous high-temperature fluidized bed reactor with higher BET surface area, tighter pore size distribution control, and enhanced selectivity for applications in oil & gas, off-gas scrubbing, medical sorbents, and zinc-air batteries.
• Synthetic Diamonds High Pressure High Temperature (HPHT) cultured diamonds for abrasives, heat sinks, and high-temperature semiconductor applications, produced using proprietary press technology with graphite and catalyst particles, including CO2-derived MWCNTs achieving 55 wt% diamond yield.
• High-Temperature Technologies Industrial heat treatment capabilities from 200 to 3200°C in air, inert gas, and halogen environments for graphite refining (up to 99.9999 wt% C), carbon coating, and synthetic diamond production.
• Conductive Dispersions Ultra-high performance electrically and thermally conductive paints and coatings, including H100 coating (operating up to 250°C) and H300 coating (operating up to 700°C) for battery, aerospace, and industrial applications.
• Advanced Corrosion Protection Sacrificial anodes, impressed-current cathodic protection, chrome-free zinc-rich primers, and polyurethane top coats designed for extreme corrosion environments with minimal surface preparation requirements (SP-3 to SP-6).
• EMRG Technology High-temperature tribological coatings for electromagnetic rail gun launchers, including thermally and electrically conductive ceramic-like coatings for copper rails and armatures designed to prevent meltdown and oxidation during high-velocity launches.
• Ballistic Armor Lightweight passive ballistic armor packages featuring hybrid armor systems designed to defeat M2 0.3 cal AP rounds and 20mm FSP, with minimal non-performance gaps and non-corrosive materials for military vehicles and personnel protection.
• Anti-Tamper Innovative coatings acting as armor on flexible substrates to protect from puncture, laceration, attrition, and abrasion, including anti-tamper films for electronics and protective coatings for diving suits.
• Industrial Catalysts Nickel-based catalysts for ammonia cracking, hydrogen fuel cells, and oil/gas industry applications, featuring precious metal-free compositions with fine-tuned surface properties at nanoscale as an alternative to expensive ruthenium/platinum catalysts.
• Industrial Off-Gas Purification Activated carbon-based solutions for selective absorption of environmentally harmful off-gases from industrial plumes using fluidized bed reactors with tailored granule shapes and bimodal particle size distribution.
• Industrial Synthesis of New Materials Synthesis of cathode-active materials, expanded graphite, boron-doped graphite, partially graphitized carbon black, silicon-enhanced spherical graphite, and electromagnetic attenuation materials.
• Battery Parts Custom-engineered ultra-high precision dies, molds, jigs, and components including coin cells, cylindrical cells, spacers, end caps, and prismatic battery housings for battery research and manufacturing.
• Energy Systems Customized battery systems including 20-year lithium backup battery (Li/CFx), high-energy lithium-ion batteries (300+ Wh/kg), and fuel cell integration for portable power applications.
• Advanced Analytics Materials characterization, electrochemical, powder characterization, and advanced paints and coatings laboratory services operating under ISO 9001:2008 protocols, featuring Solid-ICP, TEM with atomic-level resolution, and advanced SEM capabilities.
• Engineering Services Complete engineering design packages for graphite and battery plants including market analysis, technology analysis, equipment selection, PFDs, P&IDs, general arrangements, and automation controls.
• Other Technologies Nanomaterials including bismuth oxide, nickel oxide, and aluminum oxide (40-400 nanometers), graphite electrodes and shapes, and metallurgical testwork including re-carburizers and melt cover applications.

Quantifiable outcome

• 97% of spent battery components recovered through Direct Recycling Technology
• +7 more outcomes

Named customers8 records

Segments5 records

Ideal customer profiles5 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature9 records

Partnerships

16 partnerships are on record, tiered core and major.

• SkyNano TechnologiescoreOEM/ Whitelabel/ Licensing Partner · 1 January 2026Acquisition of SkyNano's IP and key equipment assets for CO2 conversion into high-value carbon materials. SkyNano's CO2-derived MWCNTs used as catalyst in AETC's HPHT synthetic diamond synthesis, achieving 55 wt% yield vs 45% industry benchmark. Equipment transferred to AETC's Wheeling, IL facility.
• Focus Graphite Inc.coreStrategic or Co-development Partner · 1 November 2025$14.06 million NRCan-funded project for Canada's first electrothermal fluidized bed purification demonstration facility. AETC provides processing services for converting Canadian flake graphite into ultra-high purity battery-grade graphite using renewable hydroelectric power. Collaboration with Ukrainian and US partners supporting NATO and G7 critical mineral supply chain objectives.
• Charge CCCV LLC (C4V)coreTechnology or Integration · 1 October 2025Phase I battery validation testing of Focus Graphite's Lac Knife graphite anode material. AETC conducted testing confirming high electrochemical capacity for lithium-ion battery applications, advancing material to Phase II qualification and large-format validation.
• AIT Austrian Institute of TechnologycoreStrategic or Co-development Partner · 1 January 2022Three consecutive commercial Science & Technology partnership projects on flexible technologies for sustainable battery materials production. AETC produces spherical graphite anode material and non-spherical graphitic co-product using Inverted Flow Sheet technology. AIT scales formulations to pouch cells for EV and energy storage applications.
• Yardney Technical Products Inc.coreStrategic or Co-development Partner · 1 January 2011Partnership to develop lithium-ion battery with specific energy density reaching 300+ Wh/kg. AETC provided silicon-doped stabilized graphite anode; Yardney provided advanced cathode and ionic liquid electrolyte. Achieved 1,373 Ah/kg reversible capacity with enhanced safety (no thermal runaway until 210+C).
• Drexel UniversitycoreStrategic or Co-development PartnerJoint research on nano-silicon composite graphitic anodes and lithium-ion battery materials. Joint article ranked #4 most frequently read in JECS. Continued collaboration on advanced battery materials development.
• Georgia Institute of TechnologycoreStrategic or Co-development PartnerEMRG rail gun technology development partnership (2010-2011). Developed unique thermally and electrically conductive coatings for copper rails and armatures to prevent meltdown and oxidation during high-velocity launches.
• More Energy Ltd. (Israel)majorStrategic or Co-development PartnerIncorporated AETC's conductive carbon diluents and activated carbons into air electrodes for portable fuel cell chargers. Joint patent application filed for improved gas diffusion electrode technology. More Energy became first company to mass market portable UL-approved fuel cell charger for consumer electronics.
• Binational Industrial Research and Development (BIRD)majorStrategic or Co-development PartnerMulti-year contract with BIRD (US-Israel binational organization) to develop catalyst for cracking ammonia to source hydrogen for fuel cells. AETC developing nickel-based catalysts as alternative to expensive ruthenium/platinum catalysts.
• STREAMS Consortium (EU Horizon Europe)coreStrategic or Co-development Partner19-partner consortium from 13 countries managing EU battery recycling initiatives. AETC contributes Direct Recycling technology and graphite beneficiating for consortium partners. Consortium aims to advance sustainable battery technologies and strengthen European domestic supply chain.
• ACP Technologies, LLCmajorChannel Partner/ Reseller/ DistributorRaw material vendor supplying mesophase carbon precursor processed through AETC's Inverted Flow Sheet technology into battery-ready synthetic graphite.
• Argonne National LaboratorycoreTechnology or IntegrationXRD data collection at APS for amorphous carbon coated spheroidal graphite characterization. CRADA-type collaboration for battery materials research.
• Lawrence Livermore National LaboratorymajorTechnology or IntegrationCollaborative research partnerships under CRADA agreements for advanced materials development.
• Brookhaven National LaboratorymajorTechnology or IntegrationCollaborative research partnerships under CRADA agreements for advanced materials development.
• Irving A. Backman and Associates / DATT Group (Massachusetts)majorStrategic or Co-development PartnerJoint development of mechanically rechargeable magnesium manganese dioxide (Mg/MnO2) battery for emergency backup power and FEMA applications.
• TMECmajorStrategic or Co-development PartnerProject management partner for NRCan-funded Canadian graphite plant project.

Scale indicators9 records

Recent moves10 records

Expansion highlights5 records

Direct peers

• Nouveau Monde Graphite: Canadian battery-grade graphite developer with a fully integrated mine-to-anode-material strategy. Directly comparable to AETC as a North American graphite refiner pursuing OEM qualification, with similar US/Canadian policy-driven demand tailwinds.
• Syrah Resources: Operator of the Vidalia active anode material facility in Louisiana, the largest natural graphite AAM project outside China. Closest direct comp to AETC's spherical graphite and battery-ready materials business with US-based processing and OEM qualification efforts.
• Talga Group: Swedish-Australian graphite anode producer using proprietary processing of natural flake graphite into Li-ion battery anode material. Comparable technology approach (specialty natural graphite processing for anodes) and similar pursuit of European/US EV supply chain qualification.
• Northern Graphite: Canadian graphite miner and processor developing battery anode material capacity, including the Baie-Comeau facility. Comparable end-to-end graphite-to-battery-material strategy with similar North American OEM customer pipeline.
• Westwater Resources: US-based (Alabama) battery graphite producer with downstream processing for Li-ion battery anodes. Comparable domestic US position, similar pursuit of DoD and OEM customers, and overlapping product mix in purified spherical graphite.
• Asbury Carbons: US specialty graphite and carbon materials manufacturer producing synthetic graphite, activated carbon, and conductive carbons for industrial and battery applications. Comparable specialty carbon materials portfolio, similar processing capabilities, and overlapping customer base in industrial and battery markets.

Emerging players

• Magnis Energy Technologies: Australian-listed battery materials and Li-ion cell technology company with iM3NY gigafactory plans in New York. Overlaps with AETC on advanced anode materials and specialty battery chemistries but is more cell-focused and pre-commercial.
• Triton Minerals: Graphite developer with assets in Mozambique focused on producing battery-grade flake graphite. Comparable end-product target (battery-grade spherical graphite) but at a much earlier development stage than AETC.
• Graphite One: Alaska-based graphite developer planning an integrated mine-to-anode-material facility with explicit US national security framing. Comparable domestic US strategy, government-aligned narrative, and pursuit of IRA/DPA funding.

Others

• Targray Technology International: Canadian battery materials distributor and supplier of anode/cathode materials, including graphite, to cell manufacturers. Adjacent peer that competes for the same battery-OEM procurement budgets and routes similar specialty carbon materials into the same customer pipeline.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key highlights7 records

Customer concentration

• Xx.com/i/flow/login?redirect_after_login=%2Fstreams_eu
• YouTubeyoutube.com/@streamseuproject
• Facebookfacebook.com/people/Streams-EU-Project/61555357935650
• LinkedInlinkedin.com/company/american-energy-technologies

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Funding overview

Funding rounds1 record

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 American Energy Technologies Company