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NanoGraf, the battery materials firm enabling stronger, lighter, longer-lasting lithium-ion batteries, immediately introduced the opening of a brand new facility for superior manufacturing and expanded R&D capabilities, rising its Chicago footprint by almost 400%. The corporate’s new location, a 67,850-square-foot constructing at 455 N Ashland Avenue, will home manufacturing area, laboratories, stock, and workplace area.
NanoGraf’s new R&D facility at 455 N Ashland Avenue in Chicago’s West Loop neighborhood. Picture Credit score: NanoGraf
This announcement comes shortly after the ribbon-cutting at NanoGraf’s Chicago headquarters at 400 N Noble Road, the Midwest’s first superior silicon anode manufacturing facility. On the new constructing, NanoGraf will speed up its efforts to equip U.S. troopers within the discipline with a daily provide of batteries that – due to NanoGraf’s silicon anode materials – final 30% longer and are cross-compatible with extra gadgets. NanoGraf will even use the area to work towards commercialization.
“NanoGraf is growing higher battery supplies right here in america,” stated Francis Wang, CEO of NanoGraf. “With our second facility, we’ll be capable of advance our work on our Division of Protection contracts, guaranteeing that troopers have the ability they should full their missions.”
Like NanoGraf’s different Chicago facility, NanoGraf’s new constructing is situated within the fast-growing West Loop neighborhood. With the brand new location, NanoGraf expects so as to add 60 jobs, driving financial alternatives domestically whereas additionally supporting NanoGraf’s efforts to onshore the battery provide chain.
“We’re delighted to welcome NanoGraf’s enlargement inside our metropolis,” stated Chicago Mayor Brandon Johnson. “NanoGraf is a vital a part of the technological progress, STEM job development, and financial development occurring right here within the metropolis, and we look ahead to seeing their continued success.”
The opening of the brand new area is the newest in a collection of milestones for NanoGraf. In January 2024, the corporate introduced a brand new contract price as much as $15 million from the U.S. Military to develop cross-compatible batteries for troopers within the discipline. In December 2023, NanoGraf was awarded an $8 million contract from the U.S. Military to extend the provision of batteries to troopers. These two current contracts convey NanoGraf’s complete U.S. Division of Protection funding to $45 million.
JLL’s Max Zwolan, Scott Brandwein, and Michael Conway represented NanoGraf in lease negotiations. CBRE’s Matt Cowie and Larry Goldwasser represented the owner, Prologis.
Supply: https://www.nanograf.com/
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