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Pentagon offers battery startup 6K $250M loan to build US factory

The Pentagon has conditionally approved a $250 million loan to battery startup 6K to scale its microwave-plasma battery material manufacturing process. The funding will help build a new US-based factory, bolstering domestic battery production capacity.

Background

The US Department of Defense has been actively investing in domestic battery supply chains to reduce reliance on foreign sources, particularly China, for critical energy storage materials.

Source
TechCrunch
Published
Nov 7, 2026 at 12:50 AM
Score
7.0 / 10