Floatech to Boost Electric Vehicle Manufacturing with New Madrid Plant

The company wants to enhance lithium battery production for electric vehicles with its new silicon anode technology.
Floatech To Boost Electric Vehicle Manufacturing With New Madrid Plant Floatech To Boost Electric Vehicle Manufacturing With New Madrid Plant
Madrid To Host Silicio Battery Tech Pilot Plant

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Floatech, a Madrid-based startup, is set to establish a pilot plant for silicon manufacturing, a critical component for the next generation of lithium batteries that will power electric vehicles. This venture, emerging from research led by the Instituto Madrileño de Estudios Avanzados (IMDEA) Materials, part of the Ministry of Education, Science, and Universities, will see the construction of a factory in Getafe after securing over one million euros in investment.

The startup boasts a unique production process for nanostructured silicon anodes that does not require mixing, solvents, or polymers, thereby reducing costs and carbon dioxide emissions. Their method is scalable and sustainable, leading to high-performance batteries. Additionally, Floatech has developed a technique to create nanosilicon in a textile format, facilitating its direct integration into manufacturing lines.

Floatech is currently collaborating with a European automotive cell manufacturer and plans to expand into projects for aeromobility and portable electronic devices. The new funding will support their integration into the European battery production chain.

With the upcoming Getafe facility, Floatech aims to supply its products to industrial clients in the transportation and electronics sectors. The company has already achieved sales in Europe and the U.S., and plans to enter the Asian market by mid-next year.

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