Lyten signs exclusive MoU to acquire Northvolt Drei assets
The MoU includes KfW, Northvolt Drei Project, and LG Batterie; the 110-hectare site near Heide, Germany, had groundwork and utility infrastructure.
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Supermaterial applications company
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In short: Lyten expanded its global footprint by acquiring Northvolt assets in Sweden and Germany to scale energy storage and data center hubs.
The MoU includes KfW, Northvolt Drei Project, and LG Batterie; the 110-hectare site near Heide, Germany, had groundwork and utility infrastructure.
Acquired Northvolt assets to build an industrial hub combining battery manufacturing with AI data centers powered by hydroelectric energy.
Acquired from Northvolt's assets, it integrates batteries, power conversion, inverters, and software into a scalable plug-and-play power management platform.
Dr. Igor Gaspar's tests show superior impact resistance and Z-axis strength over PA and PA-CF. Lyten exhibits at RAPID + TCT booth #1855 April 13-16.
German Economy Minister Katherina Reiche is reportedly accelerating Lyten's takeover of the remaining Northvolt project in Heide. As an interim measure, she...
Since August 2025, it’s been clear that Lyten intends to take over the site of Northvolt’s planned battery cell factory in Heide. However, in Germany...
At full capacity, the facility near Reno, Nevada, will produce up to 10 GWh of lithium-sulfur batteries annually. The facility will manufacture cathode active materials...
When Northvolt collapsed, 5,000 jobs disappeared and the company went up in smoke with up to 90 billion kronor in debt. Now the American company is trying...
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