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EnPower
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Manufactures high-energy, fast-charging lithium-ion batteries
EnPower
Work Here?
Manufactures high-energy, fast-charging lithium-ion batteries
Overview
EnPower develops and manufactures high-performance lithium-ion battery cells, featuring a patented multilayer electrode technology that lets cells charge quickly without losing energy storage. This enables high-energy, high-power batteries suitable for electric vehicles and other fast-charging applications. The company differentiates itself through its US-based design and manufacturing with a domestic supply chain, aiming to address local demand and work directly with original equipment manufacturers (OEMs) in the US. EnPower’s goal is to become a leading provider of advanced, scalable lithium-ion batteries in the American market by delivering engineering-focused, high-quality cells to its partners.
About EnPower
Industries
Automotive & Transportation
Hardware
Industrial & Manufacturing
Energy
Company Size
51-200
Company Stage
Grant
Total Funding
$3.1M
Headquarters
Indianapolis, Indiana
Founded
2014
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Simplify's Take
What believers are saying
- Indianapolis gigafactory scales to over 1 GWh capacity since October 2025.
- Automated lines operational for UAV and defense in Q2 2026.
- Aligns with CHIPS Act incentives for government contracts.
What critics are saying
- Sila Nanotechnologies grabs OEM contracts with 20-30% higher density.
- Amprius displaces EnPower cells in Northrop Grumman UAV deals.
- $19M funding halts Indianapolis 1 GWh ramp in 6-12 months.
What makes EnPower unique
- Patented multilayer electrodes enable fast charging without energy density loss.
- US-based manufacturing uses domestic supply chain for secure batteries.
- Targets UAV, power tools, and defense with high power-energy cells.
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Funding
Total Funding
$3M
Below
Industry Average
Funded Over
3 Rounds
Benefits
Health Insurance
Dental Insurance
Vision Insurance
Unlimited Paid Time Off
Flexible Work Hours
Remote Work Options
Paid Vacation
Paid Sick Leave
Paid Holidays
Hybrid Work Options
Wellness Program
Mental Health Support
Stock Options
Company Equity
401(k) Retirement Plan
401(k) Company Match
Professional Development Budget
Conference Attendance Budget
Training Programs
Tuition Reimbursement
Professional Certification Support
Mentorship Program
Phone/Internet Stipend
Home Office Stipend
Employee Discounts
Employee Referral Bonus
Relocation Assistance
Parental Leave
Family Planning Benefits
Fertility Treatment Support
Adoption Assistance
Childcare Support
Elder Care Support
Gym Membership
Commuter Benefits
Meal Benefits
Legal Services
Business Travel
Stock Options
Growth & Insights and Company News
6 month growth
↓ -3%1 year growth
↑ 0%2 year growth
↑ 0%IFC partners with Enpower to spearhead 700MW interconnector in DRC.
SBIR/STTR Phase I awards are up to $200,000 for six months to one year. Details on the topics for the Fiscal Year (FY) 2023 Phase I release of the funding opportunity announcement (FOA) are below.
INDIANAPOLIS--(BUSINESS WIRE)--At 11 AM Oct. 5 EnPower, Inc., the US-owned fast-charge battery company, opens its first production facility in Indianapolis. This facility is dedicated to producing next generation American-made lithium-ion batteries, a crucial component of our zero-emission future. The 92,000-square-foot production facility will open with an initial capacity of 800 MWh, quickly growing to well in excess of 1 GWh. EnPower’s multilayer technology has won industry-wide attention because it delivers repeated fast charges without harmful battery degradation or compromising power and energy density
EnPower has previously raised $19 million in outside financing and the company won recognition at Venture Madness and the Governor’s Celebration of Innovation, but CEO Annette Finsterbusch said the company could not scale quickly enough in Phoenix.
EnPower Inc. is moving into a facility previously operated by EnerDel Inc. on the city’s northeast side and plans to add more than 100 jobs by the end of the year.
EnPower is Hiring for 2 Jobs on Simplify!
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About EnPower
Industries
Automotive & Transportation
Hardware
Industrial & Manufacturing
Energy
Company Size
51-200
Company Stage
Grant
Total Funding
$3.1M
Headquarters
Indianapolis, Indiana
Founded
2014
EnPower is Hiring for 2 Jobs on Simplify!
Find jobs on Simplify and start your career today