{"id":4662,"date":"2026-05-13T00:00:00","date_gmt":"2026-05-12T22:00:00","guid":{"rendered":"http:\/\/stocks-future.com\/?guid=501b64813e372355b534a9b62ee8af31"},"modified":"2026-05-13T00:00:00","modified_gmt":"2026-05-12T22:00:00","slug":"monomyth-materials-broadens-u-s-anode-supply-chain-capabilities-with-acquisition-of-nanograf-assets","status":"publish","type":"post","link":"https:\/\/stocks-future.com\/?p=4662","title":{"rendered":"Monomyth Materials Broadens U.S. Anode Supply Chain Capabilities with Acquisition of NanoGraf Assets"},"content":{"rendered":"

\nConcurrently, Monomyth Materials rebrands Anovion Technologies to M2<\/sub>Graphite, highlighting its leadership in U.S. anode grade synthetic graphite production<\/i><\/p>

CHICAGO--(BUSINESS WIRE)--Monomyth Materials,<\/a> the parent company of M2<\/sub>Graphite, today announced that it has acquired substantially all of the assets of NanoGraf<\/a>. NanoGraf is a Chicago-based silicon anode technology company spun out of Northwestern University and Argonne National Laboratory, and backed by leading venture investors. As part of the transaction, Monomyth Materials will issue units to NanoGraf shareholders as consideration; other financial terms were not disclosed.<\/p>

\nThe NanoGraf assets will become the base for Monomyth Materials\u2019s new M2<\/sub>Innovations business, focused on advanced, high-performance battery materials and prototype cells from R&D through pilot scale. It also combines NanoGraf\u2019s silicon-oxide (SiOx) and cell expertise with M2<\/sub>Graphite\u2019s manufacturing strength and innovative performance material technologies. Customers will benefit from the broader product suite this combination brings across key end-markets including energy storage systems (ESS), electric vehicles (EVs), certain niche industrial uses and key defense-related applications such as surveillance and attack drones, military equipment and vehicles for air, land and sea, battlefield energy storage and soldiers\u2019 equipment.<\/p>

\nNanoGraf contributes a robust intellectual property portfolio, established relationships with leading battery manufacturers, and proven SiOx technology already deployed in select consumer electronics and military applications, with validation from federal agencies and defense contractors. NanoGraf has also received funding from the U.S. Department of Energy and Department of War which will facilitate scaling domestic production of SiOx, a critical material currently dominated by China, which accounts for over 60% of global capacity.<\/p>

\nOver 90% of active anode material is sourced from China, underscoring a major U.S. supply chain vulnerability for lithium-ion batteries and other technologies. By integrating NanoGraf\u2019s silicon anode technology with M2<\/sub>Graphite\u2019s synthetic graphite platform, Monomyth Materials will deliver a fully domestic solution for next-generation anodes, with a particular focus on critical military programs and other infrastructure needs.<\/p>

\nSince 2022, Monomyth Materials has invested more than $100 million into M2<\/sub>Graphite and is preparing to launch the first of its three $1 billion-plus capital programs to build America\u2019s first scaled capacity for anode grade synthetic graphite. M2<\/sub>Graphite has a site in Bainbridge,GA, which will serve as the first of several facilities it will build into the leading domestic source of battery materials. Key to its business plan, M2<\/sub>Graphite is repatriating U.S. invented thermal technology currently dominated by Chinese capacity, reshoring upwards of 1,000 high-value manufacturing jobs and playing a critical role in strengthening America\u2019s energy transition and advanced materials supply chain.<\/p>

\n\u201cSilicon and graphite represent virtually 1<\/i>00% of active anode material and silicon anodes with synthetic graphite are redefining materials architecture and performance for next-generation lithium-ion batteries,\u201d said <\/i>Chip Dunn, Founder of Monomyth Materials. <\/b>\u201cBy combining NanoGraf\u2019s anode technology with M2<\/sub>Graphite\u2019s domestic production capabilities, we are building an integrated U.S. anode supply chain at commercial scale to reduce reliance on Chinese imports that currently create untenable vulnerabilities for critical infrastructure, including AI data center backup systems and military applications such as surveillance and attack drones.\u201d<\/i><\/p>

\n\u201cBringing these platforms together allows NanoGraf\u2019s silicon anode technology to scale alongside the leading domestic synthetic graphite supply for the first time,\u201d added Francis Wang, <\/b><\/i>who led NanoGraf through its growth stage and will join the new M2<\/sub>Innovations advisory board. <\/i><\/b>\u201cTogether, we\u2019re accelerating the development of high-performance, U.S.-made battery materials for critical applications.\u201d<\/i><\/p>

\nM2<\/sub>Graphite was formed through the combination of graphite assets from Amsted Industries and Pyrotek. Amsted Industries remains a minority shareholder of M2<\/sub>Graphite.<\/p>

\nAbout Monomyth Materials<\/b><\/p>

\nMonomyth Materials, is a Chicago-based holding company focused on advanced materials and related technologies. Its current subsidiaries include M2<\/sub>Graphite and M2<\/sub>Innovations. Monomyth Materials is controlled by Chicago-based Monomyth Group, a diversified holding company founded by Chip Dunn in 2017, with offices in Chicago, New York, and London.<\/p>

\nAbout NanoGraf<\/b><\/p>

\nNanoGraf is a Chicago-based silicon anode technology company developing high-performance silicon oxide (SiOx) materials for advanced lithium-ion batteries. The company\u2019s technology is deployed across consumer electronics and defense applications and is supported by a strong intellectual property portfolio, strategic partnerships with leading battery cell manufacturers, and funding from federal government organizations including the U.S. Department of Energy (DOE) and Department of War (DOW).<\/p> Contacts<\/b>

\nFor any PR enquiries, contact:<\/b>Patrick Donnelly\npdonnelly@anoviontech.com<\/a><\/p>","protected":false},"excerpt":{"rendered":"

Concurrently, Monomyth Materials rebrands Anovion Technologies to M2Graphite, highlighting its leadership in U.S. anode grade synthetic graphite productionCHICAGO–(BUSINESS WIRE)–Monomyth Materials, the parent company of M2Graphite, today announced …<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-4662","post","type-post","status-publish","format-standard","hentry","category-infos-businesswire"],"_links":{"self":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts\/4662","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=4662"}],"version-history":[{"count":1,"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts\/4662\/revisions"}],"predecessor-version":[{"id":4663,"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts\/4662\/revisions\/4663"}],"wp:attachment":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=4662"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=4662"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=4662"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}