GREENSBORO, NC – February 9, 2026 – Soelect Inc. and Natrion Inc. announced that they have signed a memorandum of understanding (MOU) for strategic collaboration toward the development and manufacturing of solid-state and lithium-metal batteries. This partnership follows significant production scale-up progress made by both companies in 2025, and aims to accelerate the availability of safe, high-energy density, long-cycle life lithium-metal batteries that combine Soelect’s and Natrion’s technologies.

“Soelect’s Lithium-X®, lithium metal composite anode materials feature unique properties and engineering designed to maximize cell performance across a wide range of customer electrolytes. As our production continues to ramp, this partnership with Natrion will create strong synergies between our technologies and enable high volume manufacturing of lithium metal cells with performance capabilities that significantly exceed those of today’s lithium ion batteries,” said Jin Cho, Founder and CEO of Soelect.

Soelect is a Greensboro, North Carolina-based manufacturer of advanced lithium-metal composite anode materials. Supported by General Motors, Lotte Ventures, and other major strategic investors, Soelect’s state-of-the-art production facilities and proprietary Lithium-X® technology have made it a leader in the lithium-metal battery supply chain.

Natrion is a developer of lithium-metal cells and components, including Active Separator — a solid-state electrolyte separator that enables scalable assembly of lithium-metal cells using Li-ion battery equipment. Natrion operates a cell fabrication facility in Champaign, IL, and an Active Separator plant in Buffalo, NY.

“We are grateful for Soelect’s partnership. With this MOU, we will bring together our technologies in a way where the sum is greater than the parts. The opportunity here is to create a localized American value chain for making advanced batteries for defense, automotive, electronics, and other critical industries,” said Alex Kosyakov, CEO of Natrion.

Natrion is actively shipping lithium-metal cells to partners in the industry, and plans to make cells incorporating Soelect’s anode available to defense and commercial partners this year.