Holyvolt acquires Wildcat Discovery Technologies for $73 million to combine battery materials R&D with water-based manufacturing

Wildcat Discovery Technologies is a San Diego company: "The San Diego company built its reputation on a high-throughput combinatorial chemistry platform". The acquisition is meant to bridge a gap in the battery business: "The companies say the combination is meant to bridge a familiar gap in the battery business: promising lab results that never make it efficiently into scalable production." Holyvolt's manufacturing platform is based on screen-printing and water-based processing: "Holyvolt’s manufacturing platform is based on screen-printing and water-based processing". The combined entity aims to deliver cleaner, cheaper battery production with lower capital requirements, greater flexibility and more regionally anchored supply chains in Europe and North America: "The company says that pairing with Wildcat will deliver cleaner, cheaper battery production with lower capital requirements, greater flexibility and more regionally anchored supply chains in Europe and North America."