DOE grant agreement · Industrial tech
6K executed $50 million DOE grant agreement for PlusCAM in 2023
The December 2023 agreement supported battery-material manufacturing; the award was subsequently cancelled.
On December 13, 2023, 6K Energy, a division of 6K, announced execution of a $50 million grant award with the U.S. Department of Energy’s Office of Manufacturing and Energy Supply Chains. The award supported construction of the PlusCAM battery-material production plant in Jackson, Tennessee.
The facility was designed to use 6K’s UniMelt microwave-plasma technology to produce cathode active materials. TechCrunch reported in November 2026 that the grant was subsequently cancelled.
Use of funds
Support construction of the PlusCAM cathode materials facility in Jackson, Tennessee
Funding history
DOE grant agreement · This round$50M
Series D first close$102M