Powerit

Powerit is cracking the code of the aluminum-ion rechargeable battery. Powerit develops energy storage solutions that go beyond today's lithium batteries, which represents a large investment and market opportunity. Powerit’s patent-pending solid-state rechargeable aluminum-ion battery utilizes inexpensive, abundant, domestically sourced, and recycled materials. We are developing an aluminum-ion battery that will transform the future of electric vehicles (planes, ships, trains, cars, trucks, etc.) and modernize the distributed, renewable grid that charges them. Powerit batteries - aluminum-ion - are In direct contrast to lithium-ion batteries. Why? Lithium-in batteries fail to make both EV and industrial energy storage possible due to cost, performance, safety, and sustainability issues, their reliance on environmentally damaging material extraction, and China’s manufacturing and supply chain dominance which represents strategic economic and geopolitical concerns for the West. With research and development in Seattle, WA, and manufacturing operations in Mesa, AZ, Powerit is in a position to capture 20% of the projected non-lithium $1.2T+ market space in the next 5 years.