Elevated Materials Achieves Major Milestone in Production and Sets Ambitious Plans for 2026
Elevated Materials recently marked its one-year anniversary with substantial achievements and a forward-looking vision for the future. Founded from Applied Materials on February 1, 2025, the company is already making waves in the battery manufacturing industry with its innovative ultra-thin lithium metal films. This first year has been characterized by rapid production growth, impressive customer uptake, and a serious dedication to advancing battery technology.
In 2025, Elevated Materials reached record production levels, shipping its ultra-thin lithium metal films to more than 30 customers worldwide. A notable highlight was the delivery of over 100 kilometers of lithium film to a single client, showcasing the strong demand for high-quality, scalable lithium solutions in battery applications. The company's Chief Executive Officer, Jim Cushing, noted that the need for reliable, high-quality ultra-thin lithium films has been intensifying, especially for lithium metal anodes used in next-generation batteries. He stated, "The industry has long been seeking a reliable source of high-quality, ultra-thin lithium films to improve battery performance. We are filling that gap with our ultra-thin, smooth, and low-defect ELi™ films. Demand has been particularly strong for lithium metal anodes, where ELi significantly improves both safety and performance."
The uniqueness of Elevated Materials lies in its proprietary roll-to-roll vacuum deposition platforms that produce its ELi films, touted as the best in the industry. These films play a crucial role in revolutionizing anode architectures for various applications—including electric vehicles, consumer electronics, and large-scale energy storage solutions. As the urgency among battery manufacturers grows to secure qualified ultra-thin lithium metal anodes, Elevated is well-positioned to be a key player in this fast-evolving landscape.
Looking forward, 2026 is set to be a pivotal year for Elevated Materials. Cushing mentioned the company’s focus on scaling production to address escalating customer demands, with plans to triple its production capacity. "As we move into 2026, Elevated Materials will continue to ramp up to true gigawatt-hour scale manufacturing," he added. This aggressive scaling strategy aims to support the commercial battery programs of its critical clients.
Elevated Materials’ impressive start, complimented by its commitment to rapid scale-up, underscores its vital role as a supplier for future battery developers. As the company enhances its capabilities, its products promise to deliver greater energy density, extend battery life, and allow significantly faster charging across varied lithium-ion battery applications and different anode chemistries.
To summarize, Elevated Materials is not just celebrating its initial successes, but it is also laying a solid groundwork for a future that is focused on further enhancing the world’s battery technologies as part of a broader movement towards global decarbonization and electrification. With TPG Rise Climate Fund backing its mission, Elevated aims to push the boundaries of battery capabilities, producing exceptional lithium films that will empower the next generation of energy solutions.