StartupsTechCrunchabout 3 hours ago
Sila lands $1.4B Pentagon loan for battery materials
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Sila secured a $1.4 billion conditional Department of Defense loan to expand its Moses Lake, Washington factory, boosting silicon-carbon anode output and adding lithium-ion cell manufacturing for drones and defense applications. The company raised $300 million in June, led by Atreides Management and Sutter Hill Ventures.
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