Solidion Technology announced a $35 million private placement of common stock with a new institutional investor, providing funding that the company said will support operations through 2028 and accelerate the commercialization of its patented Extreme-Climate Battery technology for space and lunar applications.
Under the terms of the securities purchase agreement, the company will sell 2,333,000 shares of common stock, or common stock equivalents, in a transaction priced above market under Nasdaq rules. The offering is expected to close on June 9, 2026, subject to customary closing conditions.
Solidion plans to use the proceeds to advance commercialization of its Extreme-Climate Battery platform, expand inventory, satisfy customer demand, support prototype development and testing, and provide working capital. The technology is aimed at applications in the emerging lunar economy and broader aerospace markets.
Titan Partners, a division of American Capital Partners, is serving as the sole placement agent for the offering.
Headquartered in Dallas, Texas, with pilot production facilities in Dayton, Ohio, Solidion develops advanced battery materials and components for energy storage, electric vehiclSolidion Technology announced a $35 million private placement of common stock with a new institutional investor, providing funding that the company said will support operations through 2028 and accelerate the commercialization of its patented Extreme-Climate Battery technology for space and lunar applications.es, aerospace applications, and uninterruptible power supply systems supporting AI data centers. The company holds more than 385 patents covering technologies including silicon anodes, graphene-enabled materials, biomass-based graphite, and lithium-sulfur and lithium-metal batteries.
