Lion Energy equity stake + LFP cell supply agreement in American Battery Factory — Tucson, AZ gigafactory (5.5 GWh initial, scaling to 15 GWh)
Lion Energy (being acquired by Aqua Metals) takes an undisclosed equity stake in American Battery Factory and signs a LFP prismatic cell supply agreement covering 4.5 GWh of ABF's Tucson, AZ gigafactory output. Lion plans new US battery pack assembly lines launching June 2026 using ABF's domestically manufactured cells, targeting IRA domestic content compliance. Partnership creates a vertically integrated US battery ecosystem covering manufacturing, deployment, energy management (LionESS), and end-of-life recycling (Aqua Metals). Distinct from existing fin-2026-096 (March 25 offtake agreements with undisclosed buyers).
Battery Manufacturing (LFP)
Technology
AZ
Location
Deal Details
- Deal Type
- Strategic Investment + Supply Agreement
- Seller / Sponsor
- American Battery Factory (ABF)
- Buyer / Financier
- Lion Energy (being acquired by Aqua Metals / NASDAQ: AQMS)
- Deal Value
- Undisclosed
- Stage
- Development
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