About AMTE Power

Founded in 2013, AMTE Power (“AMTE”) is a leading battery cell manufacturer and one of the only companies making them in the UK today. The business has developed a range of lithium and sodium ion cells along with an extensive IP portfolio to deliver the sustainable performance and stable supply chain required for a net zero world.

Operating at the heart of the green economy

AMTE operates at the heart of the green economy and has been recognised by the London Stock Exchange with the award of its Green Economy Mark. The “Green Industrial Revolution” is a major market opportunity and AMTE is a key player in the development and supply of next generation battery cells to a range of industries. The business is well positioned to benefit with products in the high growth markets of energy storage and automotive and is aligned to the current political agenda. To meet growing demand, the business is scaling up cell production.

Facility in Thurso, Scotland and UK Battery Industrialisation Centre (“UKBIC”)

AMTE’s 43,000 sq ft. purpose-built manufacturing and development facility in Thurso, Scotland was established to fulfil market opportunities for highly specialised cells and is the second largest cell manufacturing capacity in the UK of c. 0.1GWh, with a c. £35m replacement cost. The facility allows for the highly flexible scale up of cell production and de-risks the commercialisation of AMTE’s portfolio of cells.

UKBIC is a publicly funded battery product development facility based in Coventry and part of the Government’s Faraday Battery Challenge (FBC), a programme designed to fast track the development of cost-effective, high-performance, durable, safe, low-weight and recyclable batteries as the UK transitions to a greener future.

AMTE Power was one of the first commercial customers to use and work in partnership with UKBIC as part of the scale up of its products in advance of commercialisation, commencing work there in 2021. This was a key milestone in AMTE’s development as the business transitions to larger scale manufacturing. To date, the business has had successful trials at UKBIC of both its Ultra High Power and Ultra Energy cells.

JV with InfraNomics

AMTE has a 50/50 joint venture with InfraNomics, a leading Australian infrastructure provider, to manufacture battery cells for use in power storage systems, with initial plans for 2GWh p.a. production capacity in the “Lithium Valley” Kwinana Industrial zone in Western Australia. AMTE provides its licenced technology and manufacturing expertise to build cells for the Australian energy storage market.

This JV gives AMTE global diversity and access to the more mature Australian energy storage market, as well as raw materials for the company’s wider supply chain in an area with one of the world’s largest raw material deposits for lithium-ion batteries.