Sila has received a conditional loan commitment of up to $1.4 billion from the U.S. Department of Defense's Office of Strategic Capital. The battery developer

US battery materials company Sila Nanotechnologies said on Friday it had received a conditional loan commitment of up to USD 1.4 billion (EUR 1.21bn) from the US Department of War…

Battery materials startup Sila will use a $1.4 billion loan from the U.S. Department of Defense to scale production at its factory in Washington State.