Solid Power, Inc. SLDP

Company Overview

Solid Power, Inc. is a U.S.-based advanced battery technology company focused on the development and commercialization of solid-state battery technology. The company operates within the energy storage, electric vehicle (EV), and advanced materials industries, with a primary emphasis on next-generation lithium-based batteries that replace liquid electrolytes with proprietary solid electrolytes. Solid Power’s technology is designed to deliver higher energy density, improved safety, and lower long-term manufacturing complexity compared to conventional lithium-ion batteries.

The company’s primary business centers on the development of solid-state battery cells and the production of solid electrolyte materials for use by automotive and battery manufacturing partners. Its core customers are global automotive original equipment manufacturers (OEMs) and battery developers seeking scalable solid-state solutions. Solid Power was founded in 2011 and evolved from early-stage research into a publicly traded company following its merger with a special purpose acquisition company in December 2021, marking its transition into a capitalized development-stage commercial entity.