Multiple letters of interest from the Export-Import Bank of the United States could lead to financing the scaling of Lyten’s Nevada and California (formerly Northvolt) factories to fulfill growing near-term customer demand in energy storage, micromobility, and space markets.
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The physical layer transceiver devices meet rising bandwidth demands of software-defined vehicles and follow the Ethernet connectivity and networking innovator’s partnership with Continental to Develop a 7-nm automotive switch enabling higher-performance compute.
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The facility will produce the company’s next-generation 2170 cylindrical-based lithium-ion battery systems at scale as it targets a range of end-market applications that operate in demanding environments like off-highway.
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At Art Basel in Miami, Navier showed a bigger 30-ft variant of the previously announced 27-ft N27 built by Lyman-Morse, going from sketch to full scale in less than a year.
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