What Happened
Innovative Firms Find Lifeline in Military Hardware
US battery startups have found an unexpected lifeline in the defense sector after federal EV incentives were slashed. The Department of Energy recently awarded $500 million in grants to bolster domestic supply chains, benefiting battery material innovators. Startups like Coreshell are securing funding to scale manufacturing for advanced materials, with military and defense applications driving strategic discussions. This development was first reported by Ventureburn.