Tech article
Pentagon offers battery startup 6K $250M loan to build U.S. factory
Publisher description: The Pentagon has conditionally approved a $250 million loan to help 6K scale up its microwave-plasma battery material manufacturing process.
TechCrunch | Nov 6, 2026 | Tim De Chant
Automated excerpt
The 12-year-old, North Andover, Mass.-based startup 6K announced Thursday that it won conditional approval for a $250 million loan from the Department of Defense to build a factory in Tennessee. The plant will use a unique microwave-powered process to produce battery materials that don’t rely on Chinese suppliers. The company says the process can work on a number of different battery types, including lithium iron phosphate (LFP).
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