Lyten Secures $650M for Lithium-Sulfur Battery
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sulfur battery gigafactoryReno Gazette Journal
•Bay Area tech firm Lyten secures additional funding for Reno ‘gigafactory’
80% Informative
Bay Area -based tech firm Lyten secured funding for a massive lithium-sulfur battery facility in north Reno .
Lyten announced that it has received support for a funding package worth up to $650 million from the Export-Import Bank of the United States .
Once completed, Lyten’s Reno facility will produce an estimated 10 GWh or gigawatt hours of batteries each year .
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