Altris AB Overview
Pro stress-test →Altris develops safe, sustainable sodium-ion batteries and Prussian White cathode materials for industrial energy storage, transport, and European supply chains. The company manufactures the cathode material Fennac® and licences battery design for energy storage and transport applications. Founded in 2017, Altris is advancing alternative battery chemistry to reduce environmental impact and costs compared to lithium-ion technologies.
Strategic Profile
Pro stress-test →Altris' mission is to enable high performance batteries to accelerate the energy transition, without increasing the cost to the environment or to customers. The company combines university research roots with commercial-scale production, positioning itself as a differentiated competitor in the emerging sodium-ion battery market. Altris won the EIT Innovation Team Awards for pioneering work on safe and sustainable sodium-ion battery technology, with support on its journey from laboratory to commercial readiness.
Competitive Landscape
Pro stress-test →Altris competes in the sodium-ion battery cathode materials segment against lithium-ion incumbents (Tesla, Panasonic, LG Energy Solution, CATL) and emerging sodium-ion rivals (Natron Energy, SVOLT, Faradion/Reliant). Advantages include proprietary Prussian White chemistry, European supply chain positioning, and automotive-grade production ambitions. Risks include larger competitors' lithium advantages, Natron's earlier commercialization, and capital intensity of scaling manufacturing.
Industry Context
Altris AB operates in Sodium-ion battery cathode materials.
Key facts
Founded: 2017 · Headquarters: Uppsala, Sweden · Employees: 50 · Revenue: $3.2M (2024, ~34 MSEK) · Market cap: N/A