AM Batteries Partnered on $50 Million U.S. Department of Energy Award to Scale Domestic Battery Manufacturing with Dry Coating Technology

AM Batteries' proprietary Powder to Electrode™ platform will help drive lower-cost, higher-performance battery production at commercial scale

BILLERICA, Mass., Aug. 31, 2026 /PRNewswire/ -- AM Batteries, a leader in dry battery-electrode (DBE) manufacturing technology, announced today its role as a core subrecipient of a $50 million award from the U.S. Department of Energy's (DOE) Manufacturing Deployment Office (MDO) under the Infrastructure Investment and Jobs Act.

The project, led by Coreshell Technologies, aims to build out approximately 2 gigawatt-hours of electrode manufacturing capacity and 1.5 gigawatt-hours of cell assembly capacity here in the United States. The initiative will establish a resilient domestic battery supply chain while creating more than 100 domestic jobs across production, technical, and administrative roles.

AM Batteries is contributing its dry-coating process for cathode manufacturing, eliminating energy-intensive solvent-based wet coating and toxic solvent-recovery infrastructure. By combining AM Batteries' dry Powder to Electrode™ platform with advanced material integration, the partnership significantly reduces capital and operational costs while enabling higher-performance, lower-cost cells for domestic electric vehicle and defense applications.

"This project is about proving that a 100% domestically produced high-performance battery cell can be cost-competitive with mass-market cells from Asia." said Hieu Duong, CTO of AM Batteries. "The U.S. will not win by simply replicating existing technologies or the status quo; we must create fundamental advantages in manufacturing and materials. By combining AMB's platform with Coreshell's MGS anode technology, we can lower cost, improve performance, and help build a globally competitive battery industry in the West."

Traditional lithium-ion battery manufacturing relies heavily on wet-slurry casting, which requires massive drying ovens and toxic solvents. AM Batteries' dry-electrode process eliminates these steps entirely, cutting electrode manufacturing CAPEX by up to 40%, reducing OPEX by over 50%, and significantly lowering the carbon footprint of battery plants.

About Coreshell Technologies:

Coreshell Technologies develops high-performance batteries designed to eliminate dependence on Chinese critical minerals. Its proprietary battery technology enables metallurgical silicon to replace conventional graphite in lithium-ion battery anodes, delivering higher performance at lower cost while enabling a domestic supply chain. Headquartered in San Leandro, California, Coreshell works with battery manufacturers, automotive OEMs, defense customers and other organizations seeking more secure energy storage solutions. For more information, visit www.coreshell.com.

About AM Batteries

AM Batteries (AMB) is revolutionizing battery manufacturing with its breakthrough dry electrode technology platform. Founded in 2020 and headquartered in Massachusetts, AMB's proprietary Powder-to-Electrode™ process eliminates toxic solvents and energy-intensive drying, dramatically simplifying one of the costliest and resource-intensive steps in battery manufacturing. The process enables lower-cost, higher-performance, and more sustainable batteries. AMB provides battery manufacturers with a turnkey solution combining production equipment, process technology, and manufacturing know-how, giving partners everything needed to deploy the platform in their own production environments. For more information, visit am-batteries.com.

SOURCE AM Batteries