24M is a pioneering startup that is revolutionizing the lithium-ion cell manufacturing process. The company's innovative approach aims to address the significant challenges in the energy sector by improving cost, weight, space, recyclability, and safety. 24M's primary market includes electric mobility, aerospace, stationary power, and lead-acid replacement opportunities.

The company's business model is centered around a unique manufacturing process that was invented in the MIT lab of Dr. Yet-Ming Chiang. This process, known as SemiSolid electrodes, involves mixing electrolyte with active materials to form a clay-like slurry. This slurry allows 24M to create thick electrodes with less volume, mass, and cost, simplifying the manufacturing process and making it safer and more reliable.

24M's primary revenue stream comes from the sale of its innovative battery technology to clients in the aforementioned markets. The company's unique approach to battery manufacturing allows it to produce batteries at a lower cost, giving it a competitive edge in the market.

In October 2023, 24M unveiled a transformative new battery technology, the 24M Electrode-to-Pack system (24M ETOP™), at the Japan Mobility Show. This system streamlines the battery pack system by packaging electrodes directly into the battery pack, eliminating the need for individual cells and modules. This innovation further enhances the company's market position by offering a more efficient and cost-effective solution to its clients.

Keywords: Lithium-ion cell manufacturing, Electric mobility, Aerospace, Stationary power, Lead-acid replacement, SemiSolid electrodes, Battery technology, 24M Electrode-to-Pack system, Energy sector, Innovation.