What NORAM Electrolysis Systems Inc does

NORAM Electrolysis Systems Inc. (NESI) is a Vancouver-based electrochemical technology company spun off from NORAM Engineering in 2022. The company develops and supplies advanced electrolysis technology for producing battery-grade lithium hydroxide from brines, feed sources, and waste streams, targeting the electric vehicle battery supply chain and energy storage markets. NESI's core proprietary platform is the NORSCAND® membrane electrolysis technology, complemented by the next-generation A15 electrolyzer platform currently being assembled in Richmond, BC. The company also has an industrial-scale validated multi-compartment electrochemical lithium recycling technology developed in partnership with HELM AG.

NESI operates a Lithium Electrolysis Validation Centre in Richmond, British Columbia — the first battery-grade lithium production facility in the province, with 1,000 tonnes per year total facility capacity (500 TPY from the validation centre plus existing capacity). The business model combines three revenue streams: technology licensing of the NORSCAND platform into customer-owned lithium production facilities (exemplified by the Vulcan Energy Resources deployment in Frankfurt), supply of A15 electrolyzer equipment and electrochemical cell stacks, and electrolysis validation testing services for project developers at the Richmond facility. The company generates revenue through enterprise B2B agreements with large-scale lithium project developers, automakers, and battery materials companies, with pricing handled through project-specific quotations. NESI's strategic positioning is anchored to reducing Western dependence on China's 60-70% dominance of global lithium hydroxide refining.

Name

NORAM Electrolysis Systems Inc

Legal name

NORAM Electrolysis Systems Inc.

Website

https://nesi.tech

Company type

Private

Founded year

2022

Operating status

Operating

Headcount range

51–100 employees

Short description

NORAM Electrolysis Systems Inc. (NESI) is a Vancouver-based electrochemical technology company that develops the proprietary NORSCAND® membrane electrolysis platform to produce battery-grade lithium hydroxide for EV battery manufacturers and lithium project developers globally.

Ownership category

akta.pro rank

Product category

Industrial Electrolysis Equipment

NAICS

Electrical Equipment Manufacturing (3353)

SIC

Electrical Industrial Apparatus (3620)

akta.pro primary industry

Battery & Energy Storage High-Purity Chemicals (Electrolyte salts/solvents, additives) (IMAEAKAM)

Keywords

• Membrane electrolysis
• Lithium refining
• Chlor-alkali equipment
• Battery-grade lithium
• Electrochemical processing

Headquarters

HQ city

Vancouver

HQ country

Canada

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Technology Licensing: NESI licenses its proprietary NORSCAND electrolysis technology to large-scale lithium production facilities. The company provides the core technology that gets embedded into customer infrastructure projects, such as the Vulcan Energy plant in Germany producing 24,000 tonnes annually.
2. Electrolysis Validation Services: NESI provides electrolysis validation testing services to project developers at its Richmond, BC facility. Multiple Canadian and international project developers have signed agreements to conduct testing in 2026.
3. Electrolyzer Equipment Supply: Supply of electrochemical cell stacks and electrolyzer platforms (A15) to customers building lithium production facilities. Supports scaling of electrochemical cell stacks and membrane performance optimization.

Go-to-market motion2 records

Distribution channels3 records

Core offering

NORAM Electrolysis Systems Inc. (NESI) designs, builds, and supplies advanced electrolysis technology and equipment, with its flagship NORSCAND membrane electrolysis platform producing battery-grade lithium hydroxide from brines and waste streams. The company also supplies A15 electrolyzer platforms, offers lithium recycling electrochemical technology, and operates a Lithium Electrolysis Validation Centre in Richmond, BC for client validation testing.

Product overview

NORAM Electrolysis Systems Inc (NESI) offers an integrated portfolio of electrochemical lithium refining solutions anchored by its proprietary NORSCAND® membrane electrolysis platform and A15 electrolyzer technology. The company operates a Lithium Electrolysis Validation Centre in Richmond, BC that provides testing services, and has developed a Multi-Compartment Electrochemical Lithium Recycling Technology in partnership with HELM AG. Together, these products enable production of battery-grade lithium hydroxide from brines, feed sources, and recycled materials at reduced power consumption and lower capital costs compared to conventional refining.

Differentiator

Problem solved

Functional benefit

Brands

• NORSCAND®: Proprietary electrolysis technology platform for producing battery-quality lithium hydroxide monohydrate (LHM) from brines and waste.

Products and services

• NORSCAND Membrane Electrolysis Platform
• A15 Electrolyzer Platform
• Multi-Compartment Electrochemical Lithium Recycling Technology
• Lithium Electrolysis Validation Centre

Quantifiable outcome

• Doubles capacity while reducing power consumption and plant costs
• +2 more outcomes

Named customers3 records

Segments3 records

Ideal customer profiles4 records

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 flagship and core.

• Vulcan Energy ResourcesflagshipTechnology or Integration · 8 May 2026Vulcan Energy Resources is using NESI's proprietary NORSCAND electrolysis technology at their Central Lithium Plant in Frankfurt, Germany. The facility will produce approximately 24,000 tonnes of lithium hydroxide monohydrate annually, sufficient for around 500,000 electric vehicle batteries. Commercial production targeted for second half of 2028 with €2.2 billion in funding secured. This represents a flagship deployment of NESI technology in Europe.
• HELM AGcoreStrategic or Co-development Partner · 4 February 2026NESI and HELM AG announced successful industrial-scale validation of novel multi-compartment electrochemical lithium recycling technology. This strategic partnership combines NESI's electrolysis expertise with HELM AG's market presence for commercializing lithium recycling solutions.

Scale indicators9 records

Recent moves8 records

Expansion highlights6 records

Emerging players

• EnergyX: EnergyX is a US-based direct lithium extraction (DLE) and refining technology developer with a global lithium project pipeline, offering alternative refining pathways to NESI's electrochemical approach for producing battery-grade lithium compounds from brine resources.
• Standard Lithium: Standard Lithium is advancing direct lithium extraction (DLE) technology from Smackover brines in Arkansas, building a commercial lithium refining project—a peer in the Western battery-grade lithium chemicals space, though using sorption-based rather than electrochemical processing.
• Lilac Solutions: Lilac Solutions develops ion-exchange bead-based direct lithium extraction technology deployed across multiple global lithium brine projects—an alternative non-Chinese lithium refining pathway serving the same strategic Western supply chain objective as NESI.

Others

• Nel ASA: Nel ASA is a global electrolyzer manufacturer for green hydrogen production using PEM and alkaline membrane electrolysis—comparable underlying electrochemical stack and membrane technology, though serving hydrogen rather than lithium refining end markets.

Direct peers

• Mangrove Lithium: Mangrove Lithium is a Canadian electrochemical lithium refining company developing modular membrane-based technology to produce battery-grade lithium hydroxide and carbonate from brines and hard-rock sources—a direct technical competitor to NESI's NORSCAND platform serving the same Western battery supply chain.
• Pure Lithium: Pure Lithium is a Boston-based company producing battery-grade lithium metal from brines using electrochemical processes, targeting vertically integrated battery materials production—comparable technology stack and downstream customer base to NESI's electrochemical lithium refining.

Broad incumbents

• thyssenkrupp nucera: thyssenkrupp nucera is a global leader in chlor-alkali and hydrogen electrolysis technology with deep industrial-scale electrochemical engineering expertise—directly comparable to NESI's parent NORAM Engineering heritage and the underlying membrane electrolysis technology stack NESI adapts for lithium refining.
• Arcadium Lithium: Arcadium Lithium (the merged entity of Livent and Allkem) is one of the world's largest integrated lithium chemicals producers, supplying battery-grade lithium hydroxide to global EV and energy storage OEMs—an incumbent whose existing scale and customer relationships define the competitive baseline NESI must displace.
• Albemarle Corporation: Albemarle is the world's largest lithium producer with integrated brine-to-hydroxide operations, supplying global battery and specialty chemicals markets—an established Western incumbent whose conversion capacity and pricing power shape the market NESI is targeting with electrochemical refining.

Regional players

• Vulcan Energy Resources: Vulcan Energy is NESI's flagship customer and a European integrated lithium and geothermal energy producer building the Central Lithium Plant in Frankfurt—a downstream peer in battery-grade lithium hydroxide production and a key channel for NESI's technology licensing in Europe.

Market position

Strengths5 records

Weaknesses4 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/noram-electrolysis-systems-inc

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds1 record

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 NORAM Electrolysis Systems Inc