Cymbet to Open World’s Highest Volume Solid-State Battery Manufacturing Facility

December 14, 2010 by Jeff Shepard

Cymbet Corp. announced that it has reached an agreement with X-FAB Texas Inc., to open what Cymbet says is the world’s highest volume solid-state battery (SSB) production facility in Lubbock, Texas. This new advanced EnerChip™ SSB production facility significantly increases Cymbet’s manufacturing capacity to supply the growing global demand for Cymbet’s EnerChip devices. Financing for this project was secured through a partnership with the Lubbock Economic Development Alliance (LEDA), Texas Economic Development Bank, X-FAB Texas, Inc., and Cymbet Corporation.

The new Cymbet facility implements a "fab in a foundry concept" where the EnerChip manufacturing capability is integrated within X-FAB’s Lubbock facility.

"X-FAB is the ideal partner for Cymbet," said Morgan Thoma, Cymbet VP Manufacturing and Operations. "Their technical capabilities, manufacturing expertise and quality systems, including ISO 9001/9002, ISO/TS 16949 and ISO 14001 certifications, are the perfect match for Cymbet’s manufacturing expansion."

Lloyd Whetzel, President and CEO of X-FAB Texas Inc., added, "Partnering with Cymbet demonstrates X-FAB’s commitment to our customers’ long-term success. This EnerChip solid state battery fabrication facility extends our manufacturing capabilities into new cutting-edge technologies."

The new EnerChip facility will significantly increase Cymbet’s manufacturing capacity. Production will start in second quarter 2011 with additional space set aside for future growth.