Primet Precision

Primet Precision Materials, Inc. is an advanced materials company focused on meeting society's critical need for improved battery performance in applications ranging from consumer handheld devices to electric and hybrid-electric vehicles. The company claims that its environmentally-friendly process technology offers dramatic savings – up to 85% reductions in both capital and operating costs for electrode material production, and with lower-cost raw materials than the industry uses today. Backed The company operates in High Tech > Nanotechnology, Energy Tech > Energy Storage Tech. Its business models include Nanotechnology > Nanoenabled Products > Energy > Storage > Batteries > Materials, Energy Storage Tech > Battery > Components > Electrode > Diversified > Nano Based. Founded in 2003. Headquartered in United States, Ithaca. The company has raised funding at the Series B stage. Backed by investors including ATEL Capital Group, Cayuga Venture Fund, DFJ, New York State Energy Research and Development Authority, Morgan Stanley.