Cymbet to Open World's Highest Volume Solid-State Battery Manufacturing Facility
Cymbet Corp. announced that it has reached an agreement with X-FAB Texas Inc., to open what Cymbet says is the world’s highest volume solid-state battery (SSB) production facility in Lubbock, Texas. This new advanced EnerChip™ SSB production facility significantly increases Cymbet’s manufacturing capacity to supply the growing global demand for Cymbet’s EnerChip devices. Financing for this project was secured through a partnership with the Lubbock Economic Development Alliance (LEDA), Texas Economic Development Bank, X-FAB Texas, Inc., and Cymbet Corporation.
The new Cymbet facility implements a "fab in a foundry concept" where the EnerChip manufacturing capability is integrated within X-FAB’s Lubbock facility.