Infinite Power Solutions Raises $34.7 Million For Building Thin-Film Battery Manufacturing Facilities

The D. E. Shaw group, Polaris, Core Capital, and Applied Materials Back Breakthrough Technology

GOLDEN, Colo. – Infinite Power Solutions (IPS) announced today that it raised $34.7 million primarily to build new facilities for high-volume manufacturing of its LiTE*STAR™ thin-film batteries. Proceeds from this deal will also be used to accelerate business development and continue innovation of future battery technologies.

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