Southern Indiana Business Report
NEWBERRY – A long-standing partnership between the Battery Innovation Center and Ateios Systems produced what BIC called “a transformational 2025.”
Ateios secured major investments last year and solidified its position as a global leader in sustainable, high-speed battery electrode manufacturing. In October, Ateios was named the 2025 Battery Manufacturer of the Year at The Battery Show North America.
A news release from BIC noted that Ateios achieved success by leveraging BIC’s location incubation, state-of-the-art facilities and innovation acceleration programs.
Key milestones in 2025
Ateios achieved several milestones in 2025, as noted in the release:
Technological and commercial breakthroughs
- World’s Fastest Solvent-Free Production: In September, Ateios announced a landmark collaboration with Eastman Kodak Company, demonstrating the world’s fastest solvent-free electrode production process. Powered by Ateios’ proprietary RaiCure™ electron-curing platform, the system achieves an unprecedented coating speed of 80 meters per minute, nearly three times faster than the industry standard.
- PFAS-Free and Ultra-Rapid Curing: This groundbreaking RaiCure™ technology is the key to creating PFA-free electrodes by eliminating toxic fluoropolymers and solvents, while simultaneously achieving up to a 96% reduction in energy consumption compared to conventional methods. This addresses the critical industry need for cleaner and greener manufacturing.
- Next-Generation Electrodes and Commercial Orders: The year began with the unveiling of the Gen 3 RaiCore™ Electrodes, which deliver higher energy density and enhanced conductivity. This led to securing crucial pilot commercial orders for their solvent-free Lithium Iron Phosphate (LFP) and synthetic Graphite electrodes, catering to the rapidly growing electric vehicle and grid storage sectors.
- Fortune 100 Validation: Ateios secured a commercial order for the World’s Only Verified PFA-Free Electrode (RaiCore™ LCO) with a Fortune 100 electronics original equipment manufacturer (OEM), validating the platform’s ability to deliver high-quality components at scale.
Financial and industry recognition
- $1 Million Investment Secured: Ateios Systems won a $1 million investment in the inaugural TitletownTech’s Start-Up Draft competition, providing significant capital to accelerate their manufacturing scale-up and commercial deployment.
- “Battery Manufacturer of the Year”: In October, the company was recognized as the 2025 Battery Manufacturer of the Year at The Battery Show North America, cementing its leadership in combining high performance, sustainability, and industrial scalability.
Partnership with the BIC
“Ateios Systems’ journey is the perfect case study of how innovation hubs like the BIC are essential in the ‘lab-to-leader’ transition for U.S. manufacturing,” said Les Alexander, CEO of the Battery Innovation Center. “We provided them with the location incubation, access to high-precision equipment, and testing facilities necessary to rapidly iterate and validate their RaiCure™ technology at a commercial scale. Their success in attracting major investments and securing the top industry award validates our model of supporting game-changing companies that are not just improving batteries, but are entirely reshaping how they are made.”
“In 2019, I saw that the Battery Innovation Center was where real battery manufacturing scaled, from startups to Fortune 500 companies,” said Rajan Kumar, CEO of Ateios Systems. “Five years later, the incubation model has exceeded my every expectation, enabling us to reach groundbreaking milestones with a fraction of the time and capital typical for this industry. Without the BIC and its team, Ateios, our team, and my personal growth as a battery innovator would not be where they are today.”
About the BIC
Located in Greene County, the BIC is a unique public-private partnership and not-for-profit organization that provides the crucial resources and facilities necessary for the rapid development, testing, and commercialization of safe, reliable, and lighter-weight energy storage systems.