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Insights

Growth in EV Market EnergyX is strategically positioned to capitalize on the rapid expansion of the electric vehicle market, with an estimated annual production of 20,000,000 EVs per year, creating a significant demand for lithium in batteries.

Innovative Lithium Extraction Technology EnergyX's proprietary lithium extraction membrane technology offers a solution that is 100x more time-efficient and increases the recovery rate by 300%, providing a competitive edge in the market for producing low-cost lithium resources.

Recent Funding and Expansion The recent financing rounds totaling $125 million and the expansion of production facilities to Austin, Texas, signify a strong financial position and growth trajectory, presenting potential partnership and sales opportunities.

Strategic Projects and Developments EnergyX is actively involved in strategic projects such as Project Lonestar Lithium and developments like DLE solutions and battery-grade lithium materials, indicating a commitment to innovation and product advancement that can attract new business prospects.

Experienced Leadership Team With the appointment of Allen Satterwhite as President, EnergyX has strengthened its leadership team, bringing in seasoned expertise to drive the company's vision forward and potentially open doors for collaborations and business engagements.

Similar companies to EnergyX

EnergyX Tech Stack

EnergyX uses 8 technology products and services including Cloudflare, MySQL, Polymer, and more. Explore EnergyX's tech stack below.

  • Cloudflare
    Content Management System
  • MySQL
    Database
  • Polymer
    Javascript Frameworks
  • Microsoft
    Miscellaneous
  • ANSYS
    Software Development
  • YouTube
    Video Players
  • ProfilePress
    Web Platform Extensions
  • Graphene
    Web Platform Extensions

Media & News

EnergyX's Email Address Formats

EnergyX uses at least 1 format(s):
EnergyX Email FormatsExamplePercentage
First@energyx.comJohn@energyx.com
65%
First.Last@energyx.comJohn.Doe@energyx.com
27%
Last@energyx.comDoe@energyx.com
5%
FLast@energyx.comJDoe@energyx.com
3%

Frequently Asked Questions

Where is EnergyX's headquarters located?

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EnergyX's main headquarters is located at 1624 Headway Circle Austin, TX 78754 US. The company has employees across 5 continents, including North AmericaSouth AmericaEurope.

What is EnergyX's official website and social media links?

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EnergyX's official website is energyx.com and has social profiles on LinkedIn.

How much revenue does EnergyX generate?

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As of September 2024, EnergyX's annual revenue reached $15M.

What is EnergyX's NAICS code?

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EnergyX's NAICS code is 5415 - Computer Systems Design and Related Services.

How many employees does EnergyX have currently?

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As of September 2024, EnergyX has approximately 93 employees across 5 continents, including North AmericaSouth AmericaEurope. Key team members include Chief Marketing Officer: K. K.Chief Financial Officer: M. S.Chief Technology Officer: A. P.. Explore EnergyX's employee directory with LeadIQ.

What industry does EnergyX belong to?

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EnergyX operates in the IT Services and IT Consulting industry.

What technology does EnergyX use?

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EnergyX's tech stack includes CloudflareMySQLPolymerMicrosoftANSYSYouTubeProfilePressGraphene.

What is EnergyX's email format?

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EnergyX's email format typically follows the pattern of . Find more EnergyX email formats with LeadIQ.
EnergyX

EnergyX

IT Services and IT ConsultingTexas, United States51-200 Employees

EnergyX is a sustainable energy company focused on direct lithium extraction, refinery and battery technology.  Combining these technologies from brine to battery will create a process dramatically lowering the cost of lithium resources.  The company’s goal is to develop technology and assets that turn it into one of the premier, low-cost lithium providers for the growing lithium-ion battery industry.

The electric vehicle (EV) and energy storage revolution is generating high demand for lithium, with some analysts forecasting orders-of-magnitude demand increases.  As the EV market rapidly expands, millions of large-scale battery packs will be in demand.  The estimated annual production of EV’s is 20,000,000 per year.   For one 85-kWh car, the price of the lithium in the battery is approximately $2,945 per car.  Residential (home) and commercial batteries are also gaining market demand traction, and California has implemented law stating by 2020 all new homes will require solar arrays.  

Companies already producing lithium are attempting to increase production as battery cell manufacturers are scaling up lithium-ion production with mega factories and actively acquiring raw materials through long term off-take supply agreements.  In the Lithium Triangle, where 50-70% of the world’s known lithium reserve is located, current methods of extraction are based off outdated, natural evaporation pond technology, which takes 18 months, and loses 50-70% of the lithium due to co-precipitation. 

Our solution is to optimize and apply a highly scalable lithium extraction membrane to the process.  The ability to efficiently extract and aggregate the lithium elements from the salt brines using proprietary, multi-level, synthetic ion separation techniques can increase time efficiency by 100x and recovery rate by 300%.

Section iconCompany Overview

Headquarters
1624 Headway Circle Austin, TX 78754 US
NAICS Code
5415 - Computer Systems Design and Related Services
Employees
51-200

Section iconFunding & Financials

  • $10M$50M

    EnergyX's revenue is in the range of $10M$50M

Section iconFunding & Financials

  • $10M$50M

    EnergyX's revenue is in the range of $10M$50M

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