Massachusetts Institute of Technology (MIT)

24M: Semi-Solid Electrodes

24M is a spin-out from MIT that develops and produces semi-solid binder-free cells. This profile will briefly cover the company's technology and its implications on binders (and specifically PFAS binders) for Li-ion cells.

JetCool

JetCool is a liquid cooling solutions company, formed as a spin-off from the Massachusetts Institute of Technology (MIT) in 2019, acquired by Flex in 2024. IDTechEx Technology Analyst Noah El Alami spoke to JetCool at the 2025 OCP EMEA Summit.

AI-Driven Innovation in Biomanufacturing

Innovation map of AI-driven innovation in biomanufacturing.

NAWAH

NAWAH is a French carbon nanotube manufacturer. IDTechEx spoke with the company at JEC World 2025.

24M Technologies, Inc.

24M (Massachusetts, USA) develops semi-solid battery technology, aiming to disrupt lithium-ion production with lower-cost, simpler manufacturing. Its licensed business model targets electric vehicle (EV) and grid storage markets, partnering with firms like Kyocera and Volkswagen. Advantages include reduced material use, higher energy density, and compatibility with existing facilities. Backed by US$100M+ funding (including from Japan's GPSC), it leverages MIT-derived IP. Challenges include scaling production and competing with entrenched lithium-ion giants (CATL, Panasonic). Positioned as a cost-innovation leader, 24M's semi-solid approach bridges traditional and next-generation solid-state technology but faces execution risks in a capital-intensive industry.

SES AI

SES AI Corporation, formerly known as SolidEnergy Systems, was founded in 2012 as a spin-out from MIT by Dr. Qichao Hu, with incubation support from A123 Systems. The company initially focused on solid-state Li-metal batteries but soon recognized the limitations in scaling such technology for practical manufacturing. By 2013, SES had developed early prototypes of multi-layer cells.

SSB Company: Strategic Commercial Plans and Production Milestones

Innovation map of strategic commercial plans and production milestones - SSB Company.

Aeroshield

Founded in 2019, Aeroshield is an MIT spin-out that is developing and manufacturing monolithic transparent aerogel sheets for applications in thermally insulated windows and doors.