Sakuu to Become Publicly Traded Company via Business Combination with Plum Acquisition Corp. I
Sakuu Corporation, a transformative additive manufacturing and solid-state battery company, and inventor of the disruptive Kavian™ platform for the commercial-scale production of next-generation SwiftPrint™ batteries and other complex active devices, and Plum Acquisition Corp. I, a special purpose acquisition company (“SPAC”) formed by Ursula Burns, Kanishka Roy, and Mike Dinsdale, today announced that they have entered into a definitive business combination agreement, providing for a merger that will result in Sakuu becoming a publicly traded company.
In the News
Sakuu as Featured in “This startup can 3D print a battery into any shape you want: Its solid-state batteries may be the holy grail of the industry.”
Published in Fast Company, Adele Peters' feature: 'This startup can 3D print a battery into any shape you want: Its solid-state batteries may be the holy grail of the industry.'
Arwed Niestroj, SVP E-Mobility and Product
Arwed brings a deep, rich, and impressive history in automotive leadership and innovation to his current role accelerating Sakuu’s rapid advancement in the e-mobility and battery sectors with their pioneering 3D printed battery program and battery chemistries.
Sakuu Partners with LiCAP Technologies for Electrode Supply for Solid-State Batteries
The long-term, multi-level partnership between Sakuu and LiCAP Technologies will accelerate Sakuu’s development of a high-throughput, cost-effective, additive manufactured battery line for best-in-class solid-state batteries with ultra-high energy density.
Sakuu Completes Follow-on Financing Advancing Toward Full Commercialization and Volume Production of Solid-State Batteries in 2022
Sakuu announced a follow-on financing round bringing total funds raised to date to $62M. This funding bolsters the company’s ability to commercialize its first-generation solid-state batteries.
Sakuu Announces Start of Pilot Facility for Solid-State Batteries
Sakuu announced the commencement of its pilot line and learning center. Sakuu’s pilot line will have the capability to produce up to 2.5 MWh per year of solid-state batteries and in the future will also serve as a customer learning center for its advanced additive manufacturing platform.
Sakuu Develops 3Ah Lithium Metal Solid-state Battery that Offers Improved Energy Performance over Market’s Existing Options
Sakuu has announced that it has developed a new safe 3Ah lithium-metal, 30 sub-cell, solid-state battery that could deliver even greater energy performance than current lithium-ion batteries by up to 25% in future.
Tara Foroozan, Senior R&D Battery Engineer
After several Li-metal battery patents and publications during her research at the University of Illinois’ Ph.D. program and working as an application engineer in the semiconductor industry, Tara now finds herself developing high-performance printed batteries at Sakuu.
Avinash Ventrapragada, Product Engineer
With his strong mechanical engineering background, Avinash started working in product engineering in the RF communications industry. Now at Sakuu, he works with teams that are developing our next-generation battery and additive manufacturing platform.