After delivering more than 100 kilometers of lithium film to one of its customers, the company is setting its sights on accelerating toward gigawatt-hour scale manufacturing.
SANTA CLARA, Calif.—In a release marking its one-year anniversary in February, Elevated Materials highlighted its rapid growth in production, customer adoption, and organizational scale.
Elevated Materials was carved out of Applied Materials on February 1, 2025, with an investment from the TPG Rise Climate Fund. It closed 2025 with what it called “record output of ultra-thin lithium metal films, shipping product to more than 30 customers worldwide.” In its first year, Elevated Materials reported that it delivered more than 100 kilometers of lithium film to a single customer, underscoring “strong market demand for high-quality, scalable lithium metal solutions,” the company said in the release.
Elevated Materials produces its Eli ultra-thin, smooth lithium metal films. (Image: Elevated Materials/PRNewswire)
“The industry has long been seeking a reliable source of high-quality, ultra-thin lithium films to improve battery performance,” said Jim Cushing, CEO of Elevated Materials, in a statement. “We are filling that gap with our ultra-thin, smooth, and low-defect ELi™ films. Demand has been particularly strong for lithium metal anodes, where ELi significantly improves both safety and performance.”
Elevated Materials’ proprietary roll-to-roll vacuum deposition platforms produce the Eli ultra-thin lithium metal films. These films are reported to enable next-generation anode architectures across electric vehicles, consumer electronics, aviation, and grid-scale energy storage.
The company’s production momentum is said to reflect the growing urgency among battery manufacturers to secure reliable supplies of ultra-thin lithium metal anodes as advanced cell designs move closer to commercial deployment.
Looking ahead, Elevated Materials noted that 2026 will be focused on scaling production to meet increasing customer demand.
“As we move into 2026, Elevated Materials will continue ramping to true gigawatt-hour scale manufacturing,” Cushing added. “With accelerating customer demand, we are tripling production capacity to support the commercial battery programs of our key customers.”
According to Elevated Materials, its successful first year and rapid scale-up reinforce its position as a critical supplier for next-generation battery developers that are seeking consistent, scalable lithium metal solutions.
Elevated Materials stated that it is focused on scaling breakthrough battery technologies to accelerate global decarbonization and electrification. The company draws on decades of expertise in semiconductors and roll-to-roll vacuum deposition to deliver what it called “the industry’s widest and highest-quality ultra-thin lithium films.” Elevated’s films are reported to boost energy density, extend battery life, and enable significantly faster charging across lithium-ion battery applications and anode chemistries.