As part of this growth, Lyten announced the acquisition of Northvolt’s Battery Energy Storage System (BESS) product portfolio, including Voltpack Mobile Systems (VMS), Voltrack, and future BESS solutions in development. Core members of Northvolt’s energy storage engineering team will join Lyten in Stockholm, Sweden, while manufacturing of VMS and BESS products will take place in Gdansk, Poland. Production is expected to restart immediately after the close of Lyten’s previously announced Northvolt Dwa acquisition, with initial deliveries targeted for the fourth quarter of 2025.

This marks Lyten’s third Northvolt‑related acquisition since November 2024, following the purchase of the Cuberg battery manufacturing facility in California and plans to acquire Northvolt Dwa, Europe’s largest BESS manufacturing site. The acquisitions will enable Lyten to scale production to meet rising demand in critical markets including drones, defence, datacentres, and grid storage — all seeking battery solutions independent of Chinese supply chains.

“Lyten is seeing immediate demand for its battery products in support of energy independence and national security initiatives in the US and Europe,” said Dan Cook, Lyten CEO and Co‑Founder. “This capital is focused on rapid, capital‑efficient expansion of manufacturing and onboarding world‑leading talent.”

Investors, including Prime Movers Lab General Partner Zia Huque and former Microsoft AI executive David Ku, cited Lyten’s unique position to meet the surging need for high‑performance batteries, particularly for AI datacentres where reliable energy storage is critical. Lyten expects to close its Northvolt Dwa and BESS product portfolio acquisitions in the third quarter of 2025.