US Department of Energy

Niron Magnetics, Inc. is a Minneapolis-based company founded in 2013, specializing in the development and manufacturing of permanent magnets made from advanced iron nitride materials. These innovative magnets are designed for various industrial applications, including motors and generators, where they offer enhanced performance and efficiency. Niron's iron nitride magnets feature high magnetization and greater magnetic flux density compared to traditional ferrite and NdFeB-based magnets, enabling manufacturers in sectors such as automotive and computing to reduce size and weight without sacrificing power or torque. Additionally, Niron Magnetics collaborates with government entities and investors to promote national security initiatives through their cutting-edge technology.

Rivian Automotive, LLC is an automotive technology company that specializes in the development and manufacturing of electric adventure vehicles. Founded in 2009 by Robert J. Scaringe, the company is headquartered in Plymouth, Michigan, with additional facilities across multiple locations, including California, Illinois, the United Kingdom, and Canada. Rivian's primary offerings include the R1T, a five-passenger electric pickup truck, and the R1S, a seven-passenger electric sport utility vehicle. The company aims to advance sustainable mobility by creating innovative electric vehicles that redefine traditional automotive economics while providing a comfortable and eco-friendly driving experience.

ArcelorMittal USA LLC is a prominent manufacturer and supplier of a wide range of steel products and mining materials, primarily serving North American markets. The company produces various flat products, including hot-rolled and cold-rolled steel sheets, steel plates, coated products, and tin sheets, as well as long products such as railroad rails and ingots. Additionally, it offers welded products, carbon and alloy tubular products, and engages in the production of iron ore and metallurgical coal. ArcelorMittal USA serves diverse sectors, including automotive, energy, construction, packaging, transportation, and heavy machinery. Established in 2002 and based in Chicago, Illinois, the company has facilities in East Chicago, Indiana, and Richfield, Ohio. It operates as a subsidiary of Cleveland-Cliffs Inc., having undergone a name change from ArcelorMittal USA Inc. in December 2010.

General Motors is a multinational automotive manufacturer, operating since 1908. It offers a wide range of vehicles including cars, trucks, SUVs, and vans under eight brands. The company operates globally with manufacturing facilities in various countries. General Motors is among the world's largest automakers by vehicle sales.

Bridgestone Americas, a subsidiary of Bridgestone Corporation, is a prominent manufacturer and marketer of tires and rubber products across various sectors. The company specializes in a wide range of products, including original equipment and replacement tires for passenger cars, light trucks, commercial vehicles, agricultural machinery, and motorcycles. In addition to tires, Bridgestone Americas offers tire-centric solutions, retreads, tubes, and air springs, serving diverse markets such as construction, mining, and aviation. Committed to sustainability and social responsibility, the company focuses on innovative mobility solutions that enhance the quality of life for individuals and communities. Bridgestone Americas plays a vital role in shaping the future of mobility while delivering value to customers and contributing to societal well-being.

Founded in 2011, Solid Power develops solid-state rechargeable batteries for electric vehicles and portable electronics. Its batteries contain no volatile or flammable liquid components, offering high energy density, ultimate safety, and reliability.

Siemens is a global technology company based in Munich that empowers customers to transform the industry, transportation, buildings, and grids by integrating physical and digital systems. It partners with other companies, industries, and innovators to combine the real and the digital worlds, advancing digitalization, efficiency, and sustainability across core sectors such as energy, mobility, and healthcare.

1PointFive is a company focused on Carbon Capture, Utilization, and Sequestration (CCUS), providing innovative decarbonization solutions aimed at reducing CO₂ emissions and fostering a circular carbon economy. The company specializes in direct air capture technology, which enables the extraction of carbon dioxide directly from the atmosphere. This technology decouples carbon capture from emission sources, making it a vital tool in addressing climate change. By developing and commercializing direct air capture facilities at an industrial scale, 1PointFive aims to facilitate the removal of carbon dioxide from challenging sectors, including long-haul trucking, shipping, and aviation. Through its multi-solution platform, 1PointFive contributes to efforts to curb global temperature increases and promote sustainable practices across various industries.

Free Form Fibers is a developer of laser‑driven chemical vapor deposition technology that produces continuous inorganic fibers from a wide range of materials, including silicon carbide, boron carbide, hafnium carbide, tungsten carbide, magnesium diboride, glassy carbon, diamond‑like carbon, and others. The company manufactures filaments for use in non‑woven filters, catalysts, ceramic and metal‑matrix composite reinforcement, woven and non‑woven linings, lightweight structural reinforcement, superconducting filaments, research and development, and scientific instrumentation. Its products serve military and aerospace, automotive, biomedical, energy, and other sectors that require heat‑ and chemical‑resistant fibers. Founded in 2006, the company is headquartered in Saratoga Springs, New York.

EnPower, Inc. is a manufacturer of lithium-ion battery cells and packs, primarily focusing on applications in electric mobility, industrial robotics, and satellites. Founded in 2014 and based in Phoenix, Arizona, the company is known for its patented multi-layer electrode architectures that address the energy and power trade-offs in lithium-ion batteries. This innovative technology allows for high energy density cells that can charge three times faster and deliver 70% higher power without compromising service life. EnPower aims to revolutionize the electric vehicle market, which is expected to experience significant growth, by licensing its scalable technology to automotive original equipment manufacturers and global cell manufacturers. The company operates a pilot manufacturing facility capable of producing 240 kWh per year, facilitating rapid prototyping of its battery solutions.

Parthian Energy is a company focused on advancing and commercializing innovative battery technologies. It specializes in developing advanced battery systems designed to address contemporary challenges in clean energy storage and transportation electrification. One of its key innovations is an electromagnetic-based battery screening sensor, which enhances resolution and provides significant insights into battery performance. This technology not only aids in the efficient management of energy resources but also helps clients reduce costs associated with battery production. By enabling new applications for battery technology, Parthian Energy aims to contribute to environmental sustainability while supporting the transition to cleaner energy solutions.

CPS Technologies Corp is a leading provider of advanced materials solutions, specializing in the development and manufacturing of metal matrix composites (MMCs), which combine metals and ceramics to enhance performance and reliability across various industries. Their MMC products offer superior properties, including improved thermal conductivity, thermal expansion matching, higher stiffness, and reduced weight compared to conventional materials. CPS's AlSiC products serve multiple applications, such as microprocessor lids, heat sinks, and power substrates, among others. The company caters to diverse end markets, including transportation, automotive, energy, computing, telecommunications, aerospace, defense, and oil and gas. Additionally, CPS produces baseplates and housings for radar, satellite, and avionics applications, as well as lids and heat spreaders for integrated circuits used in Internet switches and routers.

Cummins is a global leader in designing, manufacturing, distributing, and servicing diesel and natural gas engines, electric power generation systems, and related components. With operations in over 190 countries, the company serves original equipment manufacturers (OEMs), distributors, and other customers through its extensive network of company-owned locations and dealers. Cummins operates four segments: Engine, Power Generation, Components, and Distribution.

General Motors is a multinational automotive manufacturer, operating since 1908. It offers a wide range of vehicles including cars, trucks, SUVs, and vans under eight brands. The company operates globally with manufacturing facilities in various countries. General Motors is among the world's largest automakers by vehicle sales.

Hyundai Mobis is a leading automotive parts supplier specializing in advanced technology solutions. They develop software and system solutions, manufacturing components such as chassis, cockpit, and front-end modules for various automobile segments.

Senga Engineering manufactures metal and plastic components for the connector industry. They provide precision-machined components to a wide range of companies and industries. The company works with manufacturers and systems integrators as a second or third tier supplier to serve stringent requirements for the medical, aerospace, defense, and automobile industries.

Highlands Diversified Services is a contract manufacturing company based in London, Kentucky, established in 1997. It specializes in metal stamping, welding, powder coating, assembly, warehousing, and distribution. The company caters to a wide range of industries, including telecommunications, automotive, aerospace, appliance, and industrial equipment. Highlands Diversified Services provides a variety of core competencies such as metal stamping and fabrication, resistance and robotic welding, drilling, tapping, and staking, ensuring that its clients receive comprehensive solutions that align with their long-term growth strategies. Through its vertically integrated operations, the company aims to deliver quality manufacturing services that meet the diverse needs of its customer base.

Swift Solar Inc. is a California-based company founded in 2017 that specializes in the design and manufacture of lightweight solar panels and systems. The company focuses on developing advanced solar technology, particularly through its innovation in perovskite solar cells, which are engineered to be more efficient and affordable than traditional solar panels. These ultra-thin films are capable of absorbing various parts of the solar spectrum, resulting in high-efficiency tandem solar cells that offer significant weight advantages. Swift Solar emphasizes domestic manufacturing and the use of abundant raw materials, ensuring the scalability of its products for applications in aerospace, automotive, and building sectors.

Highland Materials is a technology-driven manufacturer specializing in low-cost polysilicon and aluminum products. These products cater to diverse industries, including solar, battery, automobile, and aerospace. The company's key differentiator is its patented, eco-friendly polysilicon production method, which significantly reduces carbon emissions compared to traditional techniques. This enables customers in solar and battery sectors to adopt greener material sources for their products.

Cabot is a global performance materials company headquartered in Boston, Massachusetts, specializing in the manufacture and sale of a diverse range of chemicals and materials. The company operates through two main segments: reinforcement materials and performance chemicals. The reinforcement materials segment primarily offers rubber-grade carbon blacks, essential for automotive applications such as hoses and belts. The performance chemicals segment provides products like inkjet colorants and fumed metal oxides, which are utilized in various industries, including automotive and construction. Founded in 1882, Cabot focuses on delivering innovative solutions that address current customer challenges while preparing them for future needs. The company has been recognized for its economic impact and corporate responsibility, earning accolades such as the Bronze Winner at the Team Massachusetts Economic Impact Awards and a spot on CR Magazine’s list of 100 Best Corporate Citizens in 2012.

Mott is an engineering company specializing in the manufacture of filtration and flow control products for various industries, including aerospace, automotive, and food. With a strong foundation in applied material science and process control, Mott produces a diverse range of products such as process filters, porous components, flow restrictors, gas diffusers, mixers, cartridges, wicks, and fluid mixers. These offerings are designed to enhance industrial applications, providing clients with reliable and efficient solutions for their operational needs.

Nuvera Fuel Cells, LLC is a manufacturer specializing in heavy-duty, zero-emissions fuel cell engines designed for mobility applications. The company operates facilities in the United States and Europe, focusing on developing innovative fuel cell technology to serve the fuel cell power and hydrogen supply industry. Nuvera's product offerings include solutions for on- and off-road vehicles, port and maritime applications, as well as stationary and portable power systems. By providing clean and efficient energy solutions, Nuvera enables its clients to meet demanding commercial requirements and environmental mandates in various transportation and industrial sectors.

Ricaurte Precision is a supplier of medical devices, aerospace, industrial, and auto manufacturers. They offer 5-axis mills, live tooling lathes, swiss screw and wire EDM technologies. They provide fabrication, inspection, document control and training. Their processes include documentation and data control, management reviews, process controls, and calibration of measuring equipment.

Piolax, Inc., established in 1933 and headquartered in Yokohama, Japan, is a global manufacturer specializing in the production of a wide array of parts and components. The company's primary focus lies in the automotive industry, where it designs, develops, and sells various parts such as valves, connectors, filters, powertrain components, fasteners, and harnesses. Additionally, Piolax produces precision parts for automotive interior and exterior, as well as medical appliances like spiral catheters and stents. The company operates in Japan, Asia, the United States, Europe, and internationally, serving diverse industries including medical and consumer security sectors.

Edscha is a prominent manufacturer specializing in mechanical parts and accessories for the automotive industry. The company produces a wide range of products, including door hinges, convertible roof systems, and driver controls, as well as various hinge systems, door catches, lid and flap hinges, and sliding door systems. In addition, Edscha offers actuation systems, spare wheel carriers, tailgate wedges, cross drives, struts, and grip buttons. With a focus on the automotive and mechatronics sectors, Edscha is dedicated to providing high-quality components that enhance vehicle functionality and safety.

UGN is an automotive company based in the United States that specializes in manufacturing high-quality acoustic, interior trim, and thermal management products. The company offers a range of products including headliners, mud guards, dash insulators, and underfloor systems. UGN is involved in research, development, and testing services, ensuring that its offerings meet industry standards and customer needs. With a focus on innovation and quality, UGN plays a significant role in enhancing vehicle interiors and overall automotive performance.

ACS Industries is an engineering company that specializes in the manufacturing of wire mesh products. The company produces components for various applications, including automotive exhaust systems, safety restraint systems, and vibration-dampening technologies. In addition to its automotive and industrial offerings, ACS Industries supplies a range of cleaning products, such as hand pads, metal scrubbers, sponges, floor pads, mops, and related accessories, primarily targeting the foodservice and janitorial sectors.

PPG Industries is a leading global supplier of paints, coatings, optical products, specialty materials, chemicals, glass, and fiberglass, headquartered in Pittsburgh, Pennsylvania. Founded in 1883, the company operates in over 70 countries and is recognized as the world's largest producer of coatings. PPG serves a diverse range of markets, including automotive, aerospace, construction, and industrial sectors, with a significant portion of its sales coming from outside North America. The company has expanded its portfolio through strategic acquisitions, notably the SigmaKalon Group and AkzoNobel's North American architectural coatings business, which enhanced its capabilities in paint and specialty coatings. PPG is committed to delivering high-quality solutions that meet stringent performance requirements, focusing on technology and innovation to support growth in targeted market segments.

Ballard Power Systems designs, manufactures, sells, and services proton exchange membrane fuel cell products for various applications, including heavy-duty vehicles like buses and trucks, material handling equipment, marine vessels, stationary power systems, and emerging markets. The company operates globally, with key revenue sources from Poland, the United States, the United Kingdom, and other countries.

Big Blue Technologies is a company focused on enhancing the value of minerals and ores through advanced high-temperature thermal processes. It is particularly engaged in developing innovative methods for thermal magnesium metal production, which plays a crucial role in the automotive industry by facilitating vehicle lightweighting and improving fuel efficiency. In addition to its core technology, the company provides a range of services that include reactor research, analytical support, and consulting, aimed at helping clients optimize their operations. Through its efforts, Big Blue Technologies seeks to enable its clients to increase efficiency, lower costs, and work towards achieving net-zero emissions.

ArcelorMittal USA LLC is a prominent manufacturer and supplier of a wide range of steel products and mining materials, primarily serving North American markets. The company produces various flat products, including hot-rolled and cold-rolled steel sheets, steel plates, coated products, and tin sheets, as well as long products such as railroad rails and ingots. Additionally, it offers welded products, carbon and alloy tubular products, and engages in the production of iron ore and metallurgical coal. ArcelorMittal USA serves diverse sectors, including automotive, energy, construction, packaging, transportation, and heavy machinery. Established in 2002 and based in Chicago, Illinois, the company has facilities in East Chicago, Indiana, and Richfield, Ohio. It operates as a subsidiary of Cleveland-Cliffs Inc., having undergone a name change from ArcelorMittal USA Inc. in December 2010.

Coreform provides simulation software for the automotive, marine, and aerospace industries.

Lyten is an advanced materials company focused on low-carbon solutions. It converts methane-derived carbon into a tunable 3D graphene material that underpins decarbonization applications. The company develops lithium-sulfur battery technology aimed at automotive, aerospace, and defense sectors, seeking higher energy density, longer range, faster charging, and improved safety while reducing carbon footprint. It is also developing a polymer composite that can reduce plastic usage by about 50% without compromising structural integrity or impact resistance. Additionally, Lyten is advancing next-generation sensors with enhanced sensitivity and selectivity for automotive, industrial, health, and safety applications.

The United States Advanced Battery Consortium LLC is a collaborative organization formed by Chrysler Group, Ford Motor Company, and General Motors. Its primary focus is the development of a self-contained, thermally-managed lithium-ion battery pack system specifically designed for plug-in hybrid electric vehicles. By pooling resources and expertise, the consortium aims to advance battery technology to enhance the performance and efficiency of hybrid vehicles, thereby contributing to the broader goal of sustainable transportation.

Coreform provides simulation software for the automotive, marine, and aerospace industries.

SiLi-ion has developed an “ultra-nano-silicon” powder material that entirely replaces graphite in a lithium-ion battery (LIB). This breakthrough increases the anode’s energy density by over four times and reduces CO2e emissions by 68 kilos for every kilo sold, amounting to a reduction of 50,000 kilos per EV using “ultra-nano-silicon.” As a materials company, SiLi-ion plans to sell this revolutionary material to battery manufacturers. Our platform not only outperforms competitors like Sila Nano, Group14, and OneD but is also less expensive to produce ($/kWh) compared to graphite and synthetic graphite. The material seamlessly integrates into existing LIB manufacturing lines for electric vehicles (EVs) and grid storage applications. Furthermore, it serves as an Inflation Reduction Act critical mineral replacement, enabling battery EV tax breaks for auto OEMs selling in the US.

UHV3D automates the design of metal additive manufacturing components for extreme conditions.

Crossville is a U.S.-based manufacturer specializing in innovative and sustainable tile solutions for various industries, including automotive, education, healthcare, hospitality, and residential applications. The company is recognized for its award-winning tile collections, which encompass a range of materials such as porcelain, stone, glass, metal, and mosaics. Crossville focuses on environmentally friendly practices by utilizing recycled waste materials in its production processes, ensuring that its products not only meet high-performance standards but also contribute to sustainability efforts. The company aims to provide durable and aesthetically pleasing tiles that serve both functional and design needs in diverse settings.

Reliable Autonomy develops autonomous driving technology for mobile robots and vehicles. Its platform integrates sensors, perception algorithms, and decision-making systems to ensure reliable and safe navigation across diverse environments, benefiting industries like logistics, manufacturing, and agriculture by automating tasks and enhancing efficiency.

1PointFive is a company focused on Carbon Capture, Utilization, and Sequestration (CCUS), providing innovative decarbonization solutions aimed at reducing CO₂ emissions and fostering a circular carbon economy. The company specializes in direct air capture technology, which enables the extraction of carbon dioxide directly from the atmosphere. This technology decouples carbon capture from emission sources, making it a vital tool in addressing climate change. By developing and commercializing direct air capture facilities at an industrial scale, 1PointFive aims to facilitate the removal of carbon dioxide from challenging sectors, including long-haul trucking, shipping, and aviation. Through its multi-solution platform, 1PointFive contributes to efforts to curb global temperature increases and promote sustainable practices across various industries.

Ford Motor Company is a prominent automobile manufacturer based in Dearborn, Michigan, founded by Henry Ford in 1903. The company produces a diverse range of vehicles, including cars, trucks, buses, and tractors, and sells them through dealerships for both retail and fleet customers, including government and rental agencies. In addition to manufacturing, Ford offers various automotive financing products through its subsidiary, Ford Motor Credit Company. These financial services include retail installment sale contracts, direct financing leases for new vehicles, and wholesale loans to dealerships for inventory purchases and facility improvements. Ford also provides insurance products, including coverage for vehicles in transit and extended service contracts. The company is committed to environmental sustainability and has initiated efforts in alternative fuel technologies, including electric and hydrogen-powered vehicles.

BlueOval SK is a joint venture between Ford Motor Company and SK On, focused on the advanced manufacturing of electric vehicle batteries. The company specializes in producing battery cells designed for rechargeable electric vehicle applications, aiming to support the growing demand for sustainable automotive solutions. By establishing an automotive manufacturing ecosystem, BlueOval SK plays a crucial role in the transition to electric mobility, providing essential components that contribute to the development of electrified vehicles.

A pioneering company specializing in functional materials innovation, development, and supply. They focus on creating high-efficiency, low-cost heterogeneous catalysts using their unique patent-pending 3D nano-array technology to serve various industries such as chemical, petrochemical, and automotive.

Achiewell is a chemical firm specializing in developing new solutions to unusual issues in the automotive, electronics, and aerospace coatings sectors.

Continuous Solutions designs and manufactures engineering systems to solve complex power and energy challenges, drawing on a team of scientists and researchers from top universities and leading tech companies. The company combines proprietary design algorithms, multidisciplinary expertise, and in-house prototyping to accelerate product development while reducing noise, cost, and inefficiencies, and it guides clients through the creation process to achieve optimal results. Notably, it leads Navy-related projects focused on electrification of marine technology.

EnPower, Inc. is a manufacturer of lithium-ion battery cells and packs, primarily focusing on applications in electric mobility, industrial robotics, and satellites. Founded in 2014 and based in Phoenix, Arizona, the company is known for its patented multi-layer electrode architectures that address the energy and power trade-offs in lithium-ion batteries. This innovative technology allows for high energy density cells that can charge three times faster and deliver 70% higher power without compromising service life. EnPower aims to revolutionize the electric vehicle market, which is expected to experience significant growth, by licensing its scalable technology to automotive original equipment manufacturers and global cell manufacturers. The company operates a pilot manufacturing facility capable of producing 240 kWh per year, facilitating rapid prototyping of its battery solutions.

HRL Laboratories is a private research and development company focused on advancing technologies in automotive, aerospace, and defense sectors. Jointly owned by Boeing and General Motors, HRL pioneers innovations in physical and information science that enhance safety, support national security, and improve quality of life. The company specializes in delivering a range of technology solutions, including commercial MMIC products, open innovation, foundry and machining services, and custom parts development. By providing these advanced capabilities, HRL Laboratories enables its customers to meet their critical mission requirements and drive transformative technological advancements.

Coreform provides simulation software for the automotive, marine, and aerospace industries.

Niron Magnetics, Inc. is a Minneapolis-based company founded in 2013, specializing in the development and manufacturing of permanent magnets made from advanced iron nitride materials. These innovative magnets are designed for various industrial applications, including motors and generators, where they offer enhanced performance and efficiency. Niron's iron nitride magnets feature high magnetization and greater magnetic flux density compared to traditional ferrite and NdFeB-based magnets, enabling manufacturers in sectors such as automotive and computing to reduce size and weight without sacrificing power or torque. Additionally, Niron Magnetics collaborates with government entities and investors to promote national security initiatives through their cutting-edge technology.

Albemarle Corporation is a prominent developer, manufacturer, and marketer of specialty chemicals, serving diverse end markets such as petroleum refining, consumer electronics, plastics, construction, automotive, pharmaceuticals, and agriculture. The company operates in three main segments: Polymer Solutions, Catalysts, and Fine Chemistry, and has established a global presence with 50 facilities across North and South America, Europe, the Middle East, Asia, Africa, and Australia. Albemarle is recognized as one of the largest lithium producers in the world, primarily supplying lithium for battery applications, particularly in electric vehicles. Its integrated lithium production includes upstream resources from salt brine deposits and hard rock mines, along with lithium refining plants located in multiple countries. In addition to its lithium operations, Albemarle is a leading producer of bromine, widely used in flame retardants, and oil refining catalysts, catering to approximately 3,000 customers in over 100 countries.

DexMat is a manufacturer specializing in advanced carbon nanomaterials, particularly Galvorn, a conductive carbon nanomaterial that is significantly stronger and lighter than traditional materials. Galvorn is ten times stronger than steel, half the weight of aluminum, and boasts a flex life that surpasses copper by a factor of one hundred. The company offers its products in various forms, including fibers, yarns, films, and fabrics, targeting diverse industries such as aerospace, automotive, e-textiles, and sporting goods. By replacing conventional, greenhouse gas-intensive materials, DexMat aims to foster a shift toward more sustainable manufacturing practices. Their carbon-negative production processes in the United States present a significant opportunity for carbon reduction on a global scale, positioning their innovative materials as potential game-changers for modern industrial applications.

AirCapture specializes in producing beverage-grade liquid CO2 with low oxygen content at scalable volumes. The company provides clean CO2 as a replacement for the emission-heavy raw material used in manufacturing synthetic fuels like aircraft fuel, gasoline, and diesel.

BorgWarner is a global supplier of powertrain technologies and components for automotive manufacturers, including turbo and thermal management systems, drivetrain and powerdrive systems, and battery and charging solutions. The company develops technologies that improve fuel economy, emissions, and vehicle performance, aiming to reduce energy use and increase efficiency. With a worldwide manufacturing footprint, BorgWarner serves a diverse customer base and supports local operations. While historically focused on traditional combustion powertrains, the company is transitioning toward electric vehicle–oriented products and services to align with changing mobility trends. Revenue has been diversified across major automakers, reflecting exposure to key markets and demand for advanced propulsion and thermal solutions.

Coreform provides simulation software for the automotive, marine, and aerospace industries.

BorgWarner is a global supplier of powertrain technologies and components for automotive manufacturers, including turbo and thermal management systems, drivetrain and powerdrive systems, and battery and charging solutions. The company develops technologies that improve fuel economy, emissions, and vehicle performance, aiming to reduce energy use and increase efficiency. With a worldwide manufacturing footprint, BorgWarner serves a diverse customer base and supports local operations. While historically focused on traditional combustion powertrains, the company is transitioning toward electric vehicle–oriented products and services to align with changing mobility trends. Revenue has been diversified across major automakers, reflecting exposure to key markets and demand for advanced propulsion and thermal solutions.

Titan Advanced Energy Solutions, Inc. is a developer of advanced battery management systems specifically for lithium-ion batteries. Founded in 2016 and based in Somerville, Massachusetts, the company utilizes patented ultrasound technology to enhance battery performance, achieving over 99% accuracy in state of health and state of charge assessments. This technology offers substantial benefits, including a minimum 20% increase in charge capacity and a 125% extension in battery life, while also providing real-time monitoring and balancing at the cell level. Titan's solutions cater to various industries, including electric vehicles, stationary energy storage, mobile devices, and battery manufacturing. Their ionView technology is competitively priced compared to traditional systems, delivering significant advantages to manufacturers, integrators, and end-users in the automotive and consumer markets, thereby contributing to the electrification and decarbonization efforts for a sustainable future.

American Axle & Manufacturing designs, engineers, manufactures, and supplies driveline and drivetrain systems for light trucks, SUVs, passenger cars, crossover vehicles, and commercial vehicles. Its products include axles, chassis modules, driveshafts, power transfer units, transmission parts, and metal-formed products. The company serves customers globally from its headquarters in Detroit, Michigan.

Nikola Motor Company is an electric vehicle manufacturer based in Salt Lake City, Utah, founded in 2014. The company specializes in developing hydrogen fuel cells, battery electric trucks, and associated energy solutions, with the goal of transforming the transportation industry on a global scale. Nikola gained significant attention for its ambition to revolutionize the trucking sector through innovative electric and hydrogen fuel cell technologies. Initially, the company focused on creating zero-emission hydrogen fuel cell trucks designed for long-haul commercial use, with a range of up to 1,200 miles. Additionally, Nikola planned to establish hydrogen refueling infrastructure to support its vehicles, further enhancing its commitment to sustainable transportation solutions.

Maple Materials is a sustainable energy company developing advanced battery anode materials. It produces carbon nanotubes for various applications in energy storage and industrial sectors, enabling faster charging capabilities.

SLIPS Technologies (slipstechnologies.com) is the leader in providing customized solutions for sticky problems in materials. We create highly-repellent slippery surfaces for customers in all industries including: energy, packaging, consumer, automotive and environmental. Our portfolio of pioneering and award-winning technologies and our years of know-how were created at the Wyss Institute for Biologically Inspired Engineering and the Harvard University School of Engineering and Applied Sciences.

WattGlass LLC, established in 2014 and headquartered in Fayetteville, Arkansas, specializes in developing water-based anti-reflective coatings for glass and other transparent materials. The company's proprietary nanoparticle coating technology significantly reduces reflection, glare, and fogging, catering to diverse applications such as automotive, consumer goods, architectural glass, and solar photovoltaic industries. WattGlass' innovative solutions aim to replace hazardous materials commonly used in these sectors, offering an environmentally friendly alternative with improved durability and shelf life.

Inventev specializes in the electrification of medium-duty commercial trucks by developing and manufacturing plug-in hybrid electric vehicle (PHEV) systems. The company focuses on converting trucks in weight classes 2B to 5, which include models such as F250 to F550 and 2500 to 3500 series. Inventev's innovative technology emphasizes next-generation propulsion and control systems, enabling these vehicles to generate power efficiently at job sites without idling. This approach not only provides emergency grid power generation but also offers significant savings in fuel and maintenance costs compared to traditional diesel systems.

Wolfspeed is a leading manufacturer specializing in wide bandgap semiconductors, particularly silicon carbide (SiC) and gallium nitride (GaN) materials and devices. The company plays a crucial role in the transformation of the semiconductor industry, supporting the transition to electric vehicles, the deployment of faster 5G networks, and advancements in renewable energy and energy storage systems. Wolfspeed offers a range of products designed for power and radio-frequency applications, including use in transportation, power supplies, inverters, and wireless systems. With a workforce of over 550 skilled employees, the company boasts a robust intellectual property portfolio of approximately 2,000 patents and patent applications. Its operations are primarily based in Europe, with additional revenue derived from the United States, China, Hong Kong, and other regions.

Infinium Metals, based in Natick, Massachusetts, specializes in the development and commercialization of advanced metallurgical processes for producing lightweight and magnetic materials. The company manufactures essential metals including magnesium, titanium, tantalum, neodymium, dysprosium, and solar-grade silicon using innovative techniques such as solid oxide membrane electrolysis. This low-energy process not only enhances efficiency but also minimizes environmental impact. Infinium Metals provides magnesium for fuel-efficient vehicles and aircraft components, neodymium for magnets used in wind turbines and hybrid vehicles, and elements for high power-to-weight generators. Additionally, the company offers recycling solutions for magnesium and rare earth elements. Infinium serves various industries, including aerospace, automotive, consumer technology, defense, energy, and mass transit. Originally founded in 2008 as Metal Oxygen Separation Technologies, Inc., the company rebranded in 2013 to reflect its broader focus on clean metals.

Siemens is a global technology company based in Munich that empowers customers to transform the industry, transportation, buildings, and grids by integrating physical and digital systems. It partners with other companies, industries, and innovators to combine the real and the digital worlds, advancing digitalization, efficiency, and sustainability across core sectors such as energy, mobility, and healthcare.

UQM Technologies, Inc. is a Longmont, Colorado-based company founded in 1967 that specializes in the development, manufacturing, and sale of electric motors, generators, power electronic controllers, and fuel cell compressors. The company serves multiple sectors, including automotive, commercial trucks, buses, marine, military, and industrial markets. UQM Technologies provides a range of products, including propulsion motors, auxiliary motors, and DC-to-DC converters, tailored for electric, hybrid electric, and fuel cell electric vehicles. The company has developed distinct propulsion systems, such as the PowerPhase Pro and PowerPhase HD, designed for various vehicle applications. In addition to product sales, UQM Technologies offers research, development, application engineering services, and after-market support. Over the years, the company has innovated in electric motor technology and continues to advance its patented core permanent magnet motor technology to enhance performance and energy efficiency.

Fisker, Inc. is an American company headquartered in Manhattan Beach, California, that designs and manufactures electric vehicles and mobility solutions. The company focuses on creating eco-friendly vehicles that evoke emotional connections, aligning with its mission to promote a sustainable future for all. Fisker aims to position itself as an e-mobility service provider, emphasizing the development of innovative electric vehicles that are both environmentally friendly and desirable to consumers. Historically, Fisker Automotive gained recognition for the Fisker Karma, which was among the first luxury plug-in hybrid electric vehicles, but production was halted due to financial challenges. Today, Fisker, Inc. continues to pursue advancements in electric mobility, striving to revolutionize the automotive industry with its commitment to sustainability and design.

Tesla designs and manufactures electric vehicles and energy generation and storage systems, pursuing a vertically integrated approach to product and software development. It offers a full range of electric cars, including sedans and crossover models, and markets its vehicles through company-owned stores and its website. The company also produces and sells stationary energy storage batteries for residential, commercial, and utility use, and provides solar energy generation and solar storage products. It operates a fast-charging network and develops autonomous driving software. Headquartered in Palo Alto, California, Tesla serves international markets and aims to accelerate the transition to sustainable mobility through innovation across vehicles, energy, and software.

Aptiv, headquartered in Gillingham, England, is a global technology company specializing in mobility solutions. It offers a range of products and services, including electrical components and systems for vehicles, advanced safety and user experience features, and over-the-air (OTA) software lifecycle and data management services. Aptiv's customer base is diverse, with its top 10 customers accounting for 54% of revenue, none of which are dominant. The company operates in 45 countries, with 14 technical centers and various manufacturing sites and customer support centers. Aptiv's mission is to deliver software capabilities, advanced computing platforms, and networking architecture to enable safer, greener, and more connected mobility solutions.