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2025

Aqua Metals

Aqua Metals is a Li-ion battery and metal recycler based in the US.

Biotic Circular Technologies

Biotic Circular Technologies is involved in the development of fully bio-based, biodegradable polymers derived from macroalgae. Its scalable, environmentally friendly process produces PHBV polymers. These materials are designed to fit current production lines and a wide range of applications, contributing to a circular economy by eliminating recycling limits and costs.

Biowert

Biowert is a Swiss-German company specializing in sustainable bioplastics derived from meadow grass. Operating a unique biorefinery in the Odenwald region since 2007, it processes local grass into AgriPlast, a recyclable material composed of grass fibers and recycled plastic.

Cylib

Cylib is a German start-up focused on developing Li-ion battery (LIB) recycling technologies.

Redwood Materials

Redwood Materials is a Li-ion battery recycler based in the US.

Agilyx

Agilyx ASA, established in 2004 as Plas2Fuel in Longview, Washington, is a technology company specializing in advanced recycling solutions for plastic waste. The company rebranded to Agilyx and has since developed proprietary technologies to convert post-use plastics into valuable products, addressing the global challenge of plastic pollution.

Canada Nickel Company

Canada Nickel Company, a Canadian-based mining company, is advancing its flagship Crawford Nickel Sulfide Project in Canada for the delivery of nickel to the electric vehicle (EV) and stainless steel markets. The company has developed an In-Process Tailings (IPT) Carbonation technology to sequester CO₂ during mineral processing activities, thereby reducing carbon footprint arising from metal production.

Climeworks

Climeworks is a Swiss company developing a modular direct air capture (DAC) technology based on a solid adsorbent system.

Critical Battery Materials 2025-2035: Technologies, Players, Markets, and Forecasts

IDTechEx Report: Dr Jiayi Cen and Dr Alex Holland

Decarbonization of Data Center Cooling

Innovation map for Decarbonization of data center cooling.

Cabot: Aerogels

Cabot is a manufacturer of aerogels and established its manufacturing plant in Frankfurt, Germany in the early 2000s.

Boston Metal

Boston Metal (formerly Boston Electrometallurgical Corporation) is a green ironmaking technology company founded in 2013, headquartered in Woburn, MA, with a subsidiary in Brazil. The company emerged from MIT and has developed a molten oxide electrolysis (MOE) technology for direct reduction of iron ore to iron using electricity. MOE can be integrated into steelmaking facilities.

Graphite One

Graphite One is focused on producing battery-grade graphite for LIBs, from mining through to purification and manufacturing of coated spherical graphite. The company is based in Canada.

POSCO: Green Steel

POSCO is a Korean iron and steel manufacturer and the world's seventh largest steelmaker. The company has developed new technologies for ironmaking to replace the traditional blast furnace process. This company profile will focus on the FINEX and HyREX technologies.

Commonwealth Fusion Systems

Commonwealth Fusion Systems is a commercial fusion company seeking to construct the world's first tokamak fusion power plants by leveraging high temperature superconductor (HTS) technology.

Nexeon

Nexeon are a UK-based developer of silicon anode material for Li-ion batteries.

2024

IDTechEx Explores Thermal Management for Data Centers

IDTechEx predicts that GPUs with a TDP of over 1500W could be expected over the next year in 2025, with the management of energy costs becoming slightly trickier. Thermal management and cooling systems will therefore need to become a main consideration in data center designs to enable efficient cooling, enhanced thermal efficiency, and reduced energy waste.

GE Vernova: Hydrogen

GE Vernova is an independent company, spun off from General Electric (GE) in 2024. The company was formed by combining GE's former Power, Renewable Energy, and Digital businesses. IDTechEx attended the company's presentation at the Hydrogen Technology Expo Europe. This company profile focuses on GE Vernova's activities in the hydrogen sector, primarily gas turbine technologies and projects.

Tetronics

Tetronics is a UK-based company that has developed a plasma technology for industrial heating, critical material recovery, and green hydrogen production. IDTechEx attended Tetronics' presentation at the Hydrogen Technology Expo in Hamburg. This company profile will primarily focus on hydrogen production, but also highlight some other applications of its technology.

ReElement Technologies

ReElement Technologies are a critical metals recycler, founded in 2017 and based in Indiana, USA. ReElement recover rare earth elements and Li-ion battery technology metals from end-of-life waste using proprietary chromatographic separation technology.

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