Sila Nanotechnologies, a next-generation battery materials company, announced a multi-year supply agreement with a wholly owned subsidiary of REC Silicon ASA, a supplier of solar-grade silicon and silicon materials. Under the terms of the agreement, REC will supply Sila with high-quality, US-produced silane for use in the production of Sila's breakthrough nano-composite silicon anode material, Titan Silicon.

The agreement also ensures a reliable supply of silane through 2031, supporting Sila’s commitments to deliver Titan Silicon to customers, including Mercedes-Benz and Panasonic, as well as additional companies yet to be publicly disclosed.

Additionally, this agreement represents the first commercial agreement for REC’s high-purity Signature Silane for use in the automotive segment and ensures domestic supply of a critical component to anode materials production for Sila.

Sila shipped the world’s first commercially available silicon anode for lithium-ion batteries in 2021, and has since enabled battery performance enhancements in multiple consumer electronics devices. Sila’s Titan Silicon anode will next power electric vehicles, including an upcoming version of the Mercedes-Benz G-Class and will be used within Panasonic Energy’s next-generation lithium-ion batteries, which will also serve the automotive industry.

Sila is scaling its technology at its manufacturing facility in Moses Lake, Washington. Major financial investors include 8VC, Bessemer Venture Partners, Canada Pension Plan Investment Board, Coatue, Matrix Partners, Sutter Hill Ventures, and funds and accounts advised by T. Rowe Price Associates, Inc.