Silla Nanotechnologies, Inc. a leading company in next-generation battery materials, has announced a multi-year supply agreement with a subsidiary of REC Silicon ASA (“REC”), a prominent innovator in solar-grade silicon and silicon materials. As part of this agreement, REC will provide Sila with high-quality, U.S.-produced silage to be used in the production of Sila’s cutting-edge nano-composite silicon anode material, Titan Silicon. The agreement secures a steady supply of silane through 2031, supporting Silla’s commitments to delivering Titan Silicon to customers such as Mercedes-Benz, Panasonic, and other yet-to-be-revealed companies.
This partnership marks a major achievement for both parties. It is the first commercial agreement for REC’s high-purity Signature Silane® in the automotive sector and guarantees a domestic supply of a crucial component in Sila’s anode materials production.
“Our agreement with REC Silicon is crucial for securing the raw materials necessary to deliver Titan Silicon to our automotive clients for the long term,” said Gene Berdichevsky, Co-founder and CEO of Sila. “It also underscores the importance of maintaining domestic production and supply of advanced materials to support U.S. leadership in clean energy manufacturing.”
Kurt Levens, CEO of REC Silicon, added, “We are excited to support Sila in producing next-generation battery materials. This agreement reflects the growing demand for high-purity silicon materials in the clean energy space, and we are confident that our partnership will help accelerate the transition to electric vehicles while demonstrating the value of working with a trusted, consistent silane producer.”
Sila is a next-generation battery materials company with the mission to power the world’s transition to clean energy. Sila shipped the world’s first commercially available silicon anode for lithium-ion batteries in 2021, and has since enabled battery performance enhancements in multiple consumer electronics devices. Sila’s Titan Silicon anode will next power electric vehicles, including an upcoming version of the Mercedes-Benz G-Class and will be used within Panasonic Energy’s next-generation lithium-ion batteries, which will also serve the automotive industry.
Committed to American leadership in clean energy production, Sila is scaling its technology at its manufacturing facility in Moses Lake, Washington.
Major financial investors include 8VC, Bessemer Venture Partners, Canada Pension Plan Investment Board, Coatue, Matrix Partners, Sutter Hill Ventures, and funds and accounts advised by T. Rowe Price Associates, Inc.
