Alteva develops lightweight, high-performance lithium-sulfur batteries using local European raw materials and established production processes. Their batteries offer significantly increased energy density and cycle life, targeting applications from drones to broader electrification sectors. This approach aims to establish an autonomous and sustainable European battery supply chain.
Funding
$1.8M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Electric airplanes and long-haul trucks are currently limited by the weight of lithium-ion batteries, hindering the feasibility of fully electric operation. Existing battery technology lacks the energy density required to meet the range and payload demands of these heavy-duty applications.
Solution
Alteva is developing ultralight, high-performance batteries using a novel carbon material and sustainable raw materials. These batteries significantly increase energy density while maintaining cycle life, enabling emission-free operation for electrified airplanes, heavy-duty trucks, and other machinery. By prioritizing sustainable materials and scalable production methods, Alteva aims to provide a cost-effective and environmentally friendly solution for electrifying transportation. The batteries are designed to meet the demanding requirements of various applications, including drones, urban air mobility, road-based transportation, and heavy-duty machinery.
Target Audience
Alteva's primary customers are manufacturers of electric airplanes, heavy-duty trucks, construction equipment, and other vehicles seeking lightweight, high-performance battery solutions.
Features
- Ultralight carbon material with a unique blend of physical properties for increased energy density
- Sustainable raw materials sourced worldwide, avoiding harmful heavy metals
- Scalable production using widely available machinery and existing battery production facilities
- High energy density for extended range and payload capacity in electric vehicles
- Long cycle life and high safety for reliable performance