mPLUS
- Company typePublic
- Founded2004
- HeadquartersCheongju, South Korea
- Headcount251–500
- GTM typeB2B
- OfferingHardware or Manufacturing
mPLUS firmographics
Firmographics- Name
- mPLUS
- Legal name
- 엠플러스
- Website
- https://mplusi.co.kr
- Company type
- Public
- Founded year
- 2004
- Operating status
- Operating
- Headcount range
- 251–500 employees
- Ownership category
- akta.pro rank
mPLUS industry classification
Industry- Product category
- Battery Manufacturing Equipment
- NAICS
- Electrical Equipment Manufacturing (3353), Battery Manufacturing (335910)
- SIC
- Electrical Industrial Apparatus (3620)
- akta.pro primary industry
- Battery Modules & Packs (Industrial/Commercial pack assembly) (IMAGAHAB)
- akta.pro secondary industries
- Battery Pack Manufacturing & Module Assembly (EUAFABAI), Battery Pack & Module Manufacturing (EV) (IMACACAA)
Keywords
Where mPLUS is headquartered
LocationHeadquarters
- HQ city
- Cheongju
- HQ country
- South Korea
- HQ region
- Asia
Offices1 record
Markets served
mPLUS business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Supply Chain, Operations, Technology or R&D, Personnel, Infrastructure, Marketing or Sales
Revenue model
- Battery Manufacturing Equipment: Sale of secondary battery manufacturing equipment including electrode process equipment, assembly equipment for various form factors (pouch, prismatic), and next-generation battery production equipment. Provides turn-key solutions from pilot lines to mass production.
- Fuel Cell Equipment: Supply of fuel cell solutions and equipment to Global Top Tier companies and related manufacturers.
- Smart Factory Systems: AMR-based material handling systems and predictive maintenance systems for smart factory implementations.
- Precision Parts: Precision molds for electrodes and pouch packaging used in cell assembly equipment, along with other essential battery manufacturing components.
- New Materials: Silicon-carbon composites and graphene materials for battery performance enhancement.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels3 records
mPLUS product offering
Product offeringCore offering
mPLUS designs, manufactures, and supplies turn-key rechargeable battery manufacturing equipment covering the full production process from electrode treatment (notching, cutting) to cell assembly (stacking, tab welding, packaging, degassing) for pouch, prismatic, and solid-state battery form factors. The company also provides fuel cell manufacturing equipment, AMR-based smart factory systems, factory automation robots, precision molds and lithium metal electrodes, and new materials including silicon-carbon composites and graphene for battery performance enhancement.
Product overview
mPLUS is a Total Solution Provider offering turn-key solutions for rechargeable battery manufacturing. The product portfolio consists of: (1) Rechargeable Battery Equipment as the core offering, covering electrode process equipment (Notching System, Cutting System) and cell assembly equipment (Stacking System, Tab Welding System, Packaging System, Degassing System) for all form factors including pouch, prismatic, and solid-state batteries; (2) Fuel Cell Equipment supplied to Global Top Tier companies; (3) Smart Factory systems including AMR-based material handling and predictive maintenance; (4) Robotic Solutions for factory automation including EV charging robots; (5) Precision Parts including molds and lithium metal electrodes; and (6) New Materials including silicon-carbon composites and graphene for battery performance enhancement. The company has over 20 years of accumulated advanced technology and provides comprehensive solutions from pilot line construction to mass production transition support.
Differentiator
Problem solved
Functional benefit
Products and services
- Rechargeable Battery Equipment (Secondary Cell Equipment) Turn-key battery manufacturing equipment covering electrode processing and cell assembly for pouch, prismatic, and solid-state battery form factors. Supports the full spectrum from electrode treatment to final cell packaging, with deployment from pilot lines through mass production transition for Global Top Tier battery manufacturers.
- Fuel Cell Equipment Equipment for manufacturing fuel cells, supplied to Global Top Tier companies and multiple related manufacturers to support their fuel cell production lines.
- Smart Factory Systems AMR-based material handling systems between processes and predictive maintenance systems for battery manufacturing equipment, delivered as smart factory solutions.
- Robotic Solutions Factory automation robots including AMR-based process automation robots and electric vehicle automatic charging robots, supporting robotics industry applications.
- Precision Parts Precision molds for electrode or pouch packaging used in cell assembly equipment, along with lithium metal electrodes required for secondary battery manufacturing.
- New Materials Silicon-carbon composites for enhancing secondary battery performance and graphene materials for anodes, supporting next-generation battery development.
Quantifiable outcome
- Q1 2026: 510 billion KRW sales, 102 billion KRW operating profit with overseas market expansion driving growth
- +1 more outcomes
Companies that use mPLUS
Customer profileNamed customers2 records
Segments5 records
Ideal customer profiles3 records
mPLUS technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature9 records
mPLUS partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- Research InstitutionssupportingCollaborations with renowned research institutions in Korea and abroad for smart factory systems development including AMR-based material handling and predictive maintenance technologies.
Scale indicators5 records
Recent moves6 records
Expansion highlights6 records
mPLUS competitors and assessment
Company assessmentDirect peers
- Wuxi Autowell Technology: Chinese battery cell production equipment specialist with direct overlap in electrode and cell assembly equipment where mPLUS competes, serving major Chinese battery manufacturers.
- Wuxi Lead Intelligent Equipment: China's leading lithium-ion battery production line equipment maker, offering turn-key solutions for cell and pack manufacturing. Closest direct competitor to mPLUS in full-process battery manufacturing equipment, with overlapping electrode processing, cell assembly, and module/pack lines.
- Hangke Technology: Chinese battery formation, aging, and assembly equipment maker competing directly with mPLUS in cell finishing and pack assembly (packaging, degassing, tab welding) for major Chinese battery OEMs.
- Yinghe Technology: Chinese manufacturer of battery and capacitor production equipment, with direct overlap in electrode processing, cell assembly, and packaging equipment similar to mPLUS's portfolio.
- Hirano Tecseed: Japanese battery production equipment maker with coating, drying, calendaring, and electrode processing technologies. Direct competitor in upstream battery manufacturing equipment serving global battery OEMs.
- Manz AG: German production equipment maker for lithium-ion battery cells, modules, and packs, as well as electronics and solar. Direct peer in battery cell and module production equipment with European customer overlap.
Regional players
- PNT (PNTech): Korean battery production equipment maker (KOSDAQ-listed) with similar customer base of Korean battery OEMs (LG, Samsung SDI, SK On). Direct regional peer competing for the same Korean customers in cell and module production equipment.
- HANA Technology: Korean battery cell manufacturing equipment maker (KOSDAQ-listed) serving similar Korean battery OEM customer base with battery cell production and inspection equipment, including roll-to-roll and stacking systems.
Broad incumbents
- Shenzhen Senior Technology: Chinese broad-based battery materials and equipment company; while primarily a separator manufacturer, has expanded into battery production equipment, providing partial overlap with mPLUS's offerings in adjacent categories.
- Hitachi High-Tech: Japanese conglomerate with battery production equipment and analysis solutions. Broad incumbent serving global battery and electronics manufacturers with multiple equipment offerings and stronger balance sheet for large capex deployments.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
mPLUS social profiles
Digital presencemPLUS financial estimates
Financial estimateRevenue estimate
Valuation estimate
mPLUS leadership team
Management profileNumber of profiles
Profiles1 record
mPLUS funding detail
Funding detailFunding overview
Funding rounds1 record
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
mPLUS 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 mPLUS
What does mPLUS do?
mPLUS designs, manufactures, and supplies turn-key rechargeable battery manufacturing equipment covering the full production process from electrode treatment (notching, cutting) to cell assembly (stacking, tab welding, packaging, degassing) for pouch, prismatic, and solid-state battery form factors. The company also provides fuel cell manufacturing equipment, AMR-based smart factory systems, factory automation robots, precision molds and lithium metal electrodes, and new materials including silicon-carbon composites and graphene for battery performance enhancement.
Is mPLUS a public or private company?
mPLUS is a public company. It is classified as public and is currently operating.
When was mPLUS founded?
mPLUS was founded in 2004. It employs 251 to 500 people.
Where is mPLUS based?
mPLUS is headquartered in Cheongju, South Korea, in the Asia region.
How does mPLUS make money?
Five revenue lines are on record. Battery Manufacturing Equipment is the primary driver. The others are fuel Cell Equipment, smart Factory Systems, precision Parts and new Materials.
Who are mPLUS's main competitors?
Direct peers on record are Wuxi Autowell Technology, Wuxi Lead Intelligent Equipment, Hangke Technology, Yinghe Technology, Hirano Tecseed and Manz AG. Regional players are PNT (PNTech) and HANA Technology. Broad incumbents are Shenzhen Senior Technology and Hitachi High-Tech.
Does mPLUS have an API?
No public API is recorded for mPLUS.
What industry is mPLUS in?
mPLUS's product category is Battery Manufacturing Equipment. Its primary akta.pro industry code is IMAGAHAB, Battery Modules & Packs (Industrial/Commercial pack assembly), with a secondary code of EUAFABAI, Battery Pack Manufacturing & Module Assembly. Its NAICS code is 3353 and its SIC code is 3620.