Altech Advanced Materials
- Company typePublic
- Founded2015
- HeadquartersHeidelberg, Germany
- Headcount11–50
- GTM typeB2B
- OfferingHardware or Manufacturing
Altech Advanced Materials firmographics
Firmographics- Name
- Altech Advanced Materials
- Legal name
- Altech Advanced Materials AG
- Website
- https://altechadvancedmaterials.com
- Company type
- Public
- Founded year
- 2015
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Ownership category
- akta.pro rank
Altech Advanced Materials industry classification
Industry- Product category
- Advanced Battery Materials
- NAICS
- Battery Manufacturing (335910)
- SIC
- Electronic & Other Electrical Equipment (No Computer Equip) (3600)
- akta.pro primary industry
- Battery Cells (Li-ion, LFP, Sodium-ion, Lead-acid, NiMH) (IMAGAHAA)
- akta.pro secondary industries
- Battery Modules & Packs (Industrial/Commercial pack assembly) (IMAGAHAB), UPS Batteries & Energy Storage Modules (HDACAJAE)
Keywords
Where Altech Advanced Materials is headquartered
LocationHeadquarters
- HQ city
- Heidelberg
- HQ country
- Germany
- HQ region
- Europe
Offices2 records
Markets served
Altech Advanced Materials business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Technology or R&D, Personnel, Operations, Infrastructure, Others
Revenue model
- Battery Technology Development and Licensing: Pre-revenue development stage company focused on developing battery technologies (CERENERGY solid-state batteries and Silumina Anodes) for eventual commercialization through licensing agreements, technology sales, or joint ventures with strategic partners. The company holds 61% stake in Altech Batteries Ltd (Australia) and has a joint venture with Fraunhofer IKTS for solid-state battery production.
- Government Grants and Funding: Company has received extension of eligibility for funding of up to €46.7 million for the CERENERGY battery project. This represents non-dilutive funding to support R&D and project development costs.
Go-to-market motion2 records
Distribution channels1 record
Marketing channels6 records
Altech Advanced Materials product offering
Product offeringCore offering
Altech Advanced Materials develops two proprietary battery technologies: CERENERGY solid-state sodium-metal chloride batteries for industrial grid-scale energy storage (available in 60 kWh ABS 60 BatteryPack and 1.0 MWh GridPack configurations), and Silumina Anodes, a silicon-composite anode coating for lithium-ion batteries achieving 30% higher energy density. Both products are in development stage with prototypes constructed and pilot facilities under construction.
Product overview
Altech Advanced Materials AG is a German battery technology company focused on two main product lines: CERENERGY (solid-state sodium batteries for grid storage) and Silumina Anodes (silicon-anode coating technology for lithium-ion batteries achieving 30% higher energy density). Both projects are under development with pilot facilities and prototypes in progress, targeting the stationary energy storage and electric vehicle markets.
Differentiator
Problem solved
Functional benefit
Products and services
- CERENERGY Solid-State Sodium Batteries Solid-state sodium-metal chloride battery technology developed in partnership with Fraunhofer IKTS for industrial grid-scale energy storage applications. Available in 60 kWh (ABS 60 BatteryPack) and 1 MWh (GridPack) configurations for utilities and industrial operators.
- Silumina Anodes
Quantifiable outcome
- 30% higher energy density achieved in lithium-ion batteries with Silumina Anodes technology
- +1 more outcomes
Companies that use Altech Advanced Materials
Customer profileSegments2 records
Ideal customer profiles2 records
Altech Advanced Materials technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
Altech Advanced Materials partnerships and signals
Strategic signalPartnerships
Three partnerships are on record, tiered core and minor.
- Fraunhofer IKTS (Fraunhofer Institute for Ceramic Technologies and Systems)coreJoint venture partnership for production of solid-state batteries for grid storage applications. Altech entered into JV with Fraunhofer IKTS in September 2022 to develop and commercialize CERENERGY solid-state battery technology. Fraunhofer IKTS contributes research expertise and ceramic technologies while Altech provides commercialization capabilities and funding.
- S&P Global RatingsminorS&P Global Ratings conducted analysis of the CERENERGY project, providing independent assessment of the battery technology and project viability.
- BankM – Repräsentanz der FinTech Group Bank AGminorDesignated domestic paying agent (Inländische Zahlstelle gem. § 30a Abs. 1 Nr. 4 WpHG) for Altech shares. Located at Mainzer Landstrasse 61, D-60329 Frankfurt am Main.
Scale indicators7 records
Recent moves6 records
Expansion highlights5 records
Altech Advanced Materials competitors and assessment
Company assessmentDirect peers
- Altech Batteries Ltd (formerly Altech Chemicals): Australian-listed entity in which Altech Advanced Materials holds a 61% stake; develops CERENERGY and Silumina Anodes projects. It is directly comparable as the operational vehicle for both technologies and shares management overlap (Hansjörg Plaggemars).
- Faradion: UK-based sodium-ion battery technology developer (acquired by Reliance Industries). Comparable as a sodium-ion cell and pack developer pursuing licensing and supply deals for stationary and mobility applications.
- Natron Energy: US-based developer of sodium-ion battery technology for stationary energy storage and data-center applications. Directly comparable as a sodium-chemistry competitor targeting the same industrial grid-storage use case as CERENERGY.
Emerging players
- Altris: Sweden-based sodium-ion battery cell developer focused on commercializing Prussian Blue analogue cathode technology. Comparable as a European sodium-ion start-up pursuing grid and mobility battery markets.
- Solid Power: US-listed developer of sulfide-based solid-state batteries with automotive OEM partnerships. Comparable as a public solid-state battery developer pursuing commercialization of an alternative-chemistry cell technology.
- HiNa Battery Technology: China-based sodium-ion battery developer commercializing cells for electric two-wheelers, EVs, and stationary storage. Comparable as a sodium-ion battery specialist competing for the same downstream grid and mobility applications.
- QuantumScape: US-listed solid-state battery developer targeting automotive applications with lithium-metal technology. Comparable as a publicly traded solid-state battery development-stage company pursuing scaling of an alternative chemistry.
Broad incumbents
- BYD Company: Vertically integrated Chinese battery and EV manufacturer producing Li-ion cells, energy storage systems, and battery materials. Comparable as a broad incumbent with overlapping products in Li-ion cells and grid-scale storage.
- Northvolt: European battery cell manufacturer with strong focus on sustainable chemistries and gigafactory-scale production. Comparable as a Europe-based industrial battery manufacturer pursuing grid and EV battery markets.
- CATL (Contemporary Amperex Technology Co.): World's largest Li-ion battery manufacturer, with significant sodium-ion and grid-scale storage product lines. Comparable as a dominant incumbent whose scale and customer relationships set the competitive bar in stationary storage and battery materials.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat3 records
Key risks6 records
Key highlights6 records
Customer concentration
Altech Advanced Materials social profiles
Digital presenceAltech Advanced Materials financial estimates
Financial estimateRevenue estimate
Valuation estimate
Altech Advanced Materials leadership team
Management profileNumber of profiles
Profiles5 records
Altech Advanced Materials funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Altech Advanced Materials 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 Advanced Materials
What does Altech Advanced Materials do?
Altech Advanced Materials develops two proprietary battery technologies: CERENERGY solid-state sodium-metal chloride batteries for industrial grid-scale energy storage (available in 60 kWh ABS 60 BatteryPack and 1.0 MWh GridPack configurations), and Silumina Anodes, a silicon-composite anode coating for lithium-ion batteries achieving 30% higher energy density. Both products are in development stage with prototypes constructed and pilot facilities under construction.
Is Altech Advanced Materials a public or private company?
Altech Advanced Materials is a public company. It is classified as public and is currently operating.
When was Altech Advanced Materials founded?
Altech Advanced Materials was founded in 2015. It employs 11 to 50 people.
Where is Altech Advanced Materials based?
Altech Advanced Materials is headquartered in Heidelberg, Germany, in the Europe region.
How does Altech Advanced Materials make money?
Two revenue lines are on record. Battery Technology Development and Licensing is the primary driver. The others are government Grants and Funding.
Who are Altech Advanced Materials's main competitors?
Direct peers on record are Altech Batteries Ltd (formerly Altech Chemicals), Faradion and Natron Energy. Emerging players are Altris, Solid Power, HiNa Battery Technology and QuantumScape. Broad incumbents are BYD Company, Northvolt and CATL (Contemporary Amperex Technology Co.).
Does Altech Advanced Materials have an API?
No public API is recorded for Altech Advanced Materials.
What industry is Altech Advanced Materials in?
Altech Advanced Materials's product category is Advanced Battery Materials. Its primary akta.pro industry code is IMAGAHAA, Battery Cells (Li-ion, LFP, Sodium-ion, Lead-acid, NiMH), with a secondary code of IMAGAHAB, Battery Modules & Packs (Industrial/Commercial pack assembly). Its NAICS code is 335910 and its SIC code is 3600.