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Battery technology firm Sila receives $1.4 billion Pentagon loan commitment

📱 Battery Technology Firm Sila Receives $1.4 Billion

Published by OOPSONLINE.IN · Source: Reuters · 1 min read · · Updated

What actually happened

Sila said on Friday it had received a conditional loan commitment of up ​to $1.4 billion from the U.S. Department of ‌Defense for the expansion of its silicon-carbon anode and lithium-ion battery cell manufacturing facilities.

Key points

  • Sila said on Friday it had received a conditional loan commitment of up ​to $1.
  • 4 billion from the U.
  • Department of ‌Defense for the expansion of its silicon-carbon anode and lithium-ion battery cell manufacturing facilities.

Summary based on data provided by Reuters. Full article available at the original publisher.

  • #technology
  • #battery
  • #technology
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