ALAMEDA, Calif.–(BUSINESS WIRE)–Sila, an advanced battery technology company, today announced that it has received a conditional loan commitment of up to $1.4 billion from the United States Department of War through its Office of Strategic Capital (OSC). The financing would support the expansion of Sila’s silicon-carbon (Si/C) anode manufacturing capacity at its Moses Lake, Washington facility as well as the buildout of a lithium-ion battery cell manufacturing facility. The OSC’s conditional
Sila Receives Conditional $1.4 Billion Loan Commitment from U.S. Department of War to Accelerate Domestic Battery Technology Manufacturing
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