MoUMay 8, 2026, 09:02 AM
J-Star Partners White Group for $100M Investment in Baytown Battery Facility
AI Summary
J-Star Holding Co., Ltd. announced a partnership with White Group through a Memorandum of Understanding (MOU) to secure a proposed $100 million investment. This capital raise is intended to fund the construction, automation, and technical development of its Baytown, Texas facility, which will establish a 100 megawatt-hour (MWh) modular production line for Made-in-USA polymer-based solid-state battery solutions. The project targets the rapidly expanding unmanned aerial vehicle (UAV) and drone markets and complements a previously submitted U.S. Department of Energy grant application.
Key Highlights
- J-Star partnered with White Group via an MOU to raise a proposed $100 million investment.
- Funds will support a 100 megawatt-hour (MWh) solid-state battery production line in Baytown, Texas.
- The facility aims to develop Made-in-USA polymer-based solid-state battery solutions.
- The project targets the rapidly growing unmanned aerial vehicle (UAV) and drone markets.
- Investment complements a previously submitted U.S. Department of Energy grant application.
- Proceeds will fund customized automated manufacturing systems and technology transfer.
- Project includes a strategic partnership with PSSB, backed by Taiwan's ITRI.
Price Impact
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