Microporous Secures Final Funding for New Manufacturing Facility
Microporous has secured final funding for its new manufacturing facility in Danville, VA, led by Elda River Capital Management and Eagle Point Credit Management. The facility will produce battery separators for lithium-ion batteries and is expected to support 65 GWh of annual battery production. This marks a significant step in expanding Microporous' capacity to meet growing demand in the energy storage market.
Topics: Battery Technology Capital Investment Expansion Lithium-Ion Manufacturing