1. The Department of Energy has canceled $720 million worth of contracts intended for battery material manufacturers, lithium-ion battery recyclers, and super-insulating window manufacturers.
2. Three startups - Ascend Elements, Anovion, and LuxWall - are among those affected. The grants were part of the Bipartisan Infrastructure Law passed in 2021.
3. These grants were intended to help startups overcome the "valley of death" between technology development and commercial deployment, but have been canceled due to missed milestones and lack of progress in advancing energy needs.
2. Three startups - Ascend Elements, Anovion, and LuxWall - are among those affected. The grants were part of the Bipartisan Infrastructure Law passed in 2021.
3. These grants were intended to help startups overcome the "valley of death" between technology development and commercial deployment, but have been canceled due to missed milestones and lack of progress in advancing energy needs.
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Conversation: Trump’s DOE proposes cutting billions in grants for GM, Ford, and lots of startups
Summary
DOE cancels $720M contracts for battery material, recycling, and insulation manufacturers under the Bipartisan Infrastructure Law. Affected startups include Ascend Elements, Anovion, and LuxWall. The grants aimed to aid startups over the technology development-commercial deployment 'valley of
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ID: 8e4c298a-6bb8-403b-a68d-d0cbc6d826d4
Category ID: listed_summary
Date: Oct. 21, 2025
Notes: 2025-10-21
Created: 2025/10/21 12:12
Updated: 2025/12/07 23:46
Last Read: 2025/10/21 13:39