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Republic of Poland Offers Ascend Elements Up to USD $320 Million to Support Construction of Lithium-ion Battery Materials Plant in Poland

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Cash subsidy valued at up to 1.22 billion PLN is one of the largest grants ever offered by Poland’s Ministry of Economic Development and Technology

WARSAW, Poland, May 7, 2025 /PRNewswire/ — The Ministry of Economic Development and Technology in Poland today offered Ascend Elements up to USD $320 million to support construction of a sustainable precursor cathode active material (pCAM) manufacturing facility in Poland. pCAM is a high-value, precisely engineered material used in the manufacture of lithium-ion batteries for electric vehicles and other advanced industrial applications. The cash subsidy of 1.22 billion Polish Zloty (PLN) is one of the largest grants ever offered by the Republic of Poland. As part of the E.U.’s Temporary Crisis and Transition Framework (TCTF), the grant is designed to support Europe’s transition to a net-zero economy.

One of the largest grants ever offered by Poland’s Ministry of Economic Development and Technology

“This offer of support from the Polish government marks a significant step forward in Ascend Elements’ European growth strategy,” said Linh Austin, President and CEO at Ascend Elements. “We are committed to building a sustainable battery materials supply chain on both sides of the Atlantic, and we greatly appreciate the Ministry’s offer of significant financial support.”

Ascend Elements has already identified a location in Poland for the construction of its first advanced battery materials (pCAM) manufacturing facility in Europe. CEO Linh Austin met with Poland’s Secretary of State Michał Jaros at the Polish Ministry of Economic Development and Technology in Warsaw on Wednesday to receive the grant offer.

“Battery sector projects are a key part of PAIH’s investment portfolio,” said Pawel Pudlowski, Ph.D., Vice President of the Management Board at the Polish Investment and Trade Agency (PAIH). “The Ascend Elements project is one of the largest U.S. investments in recent years, strengthening Poland’s role in the battery supply chain and supporting regional development, including technology development and cooperation with local educational institutions.”

Ascend Elements plans to commercialize its innovative technology for the manufacture of sustainable nickel, manganese, and cobalt (NMC) pCAM made from recycled lithium-ion battery materials at the new facility in Poland.

“We are deeply grateful for the support of the Polish government and thrilled to expand our presence in Europe,” said Tomasz Poznar, Ph.D., Senior Vice President of Commercial at Ascend Elements. “This project is more than a strategic investment in cutting-edge battery materials production — it marks a critical step in transforming Europe’s battery materials landscape. By bringing our advanced Hydro-to-Cathode® technology to Poland, we aim to help bridge the growing gap in cathode precursor supply and contribute to the EU’s strategic net-zero goals by building a sustainable circular battery materials supply chain in the region.”

The company’s Hydro-to-Cathode® direct pCAM synthesis technology produces new NMC pCAM material from spent lithium-ion cells more efficiently than traditional methods, resulting in improved economics and lowered carbon emissions. A recently published life cycle assessment found the Hydro-to-Cathode® process is significantly cleaner than traditional battery recycling methods – producing 49% lower carbon dioxide equivalent (CO2e) emissions and 26% lower particulate matter 2.5 (PM 2.5) emissions. By 2030, Ascend Elements aims to achieve 86% lower CO2e emissions and 94% lower PM 2.5 emissions through additional decarbonization efforts.

In 2024, Ascend Elements and Elemental Strategic Metals established a joint venture to own and operate the AE Elemental JV battery recycling facility in Zawiercie, Poland. The new pCAM facility in Poland will be solely owned and operated by Ascend Elements.

In the United States, Ascend Elements owns and operates one of North America’s largest battery recycling facilities in Covington, Georgia. A new lithium recovery line at the Georgia plant is expected to produce up to 3,000 metric tons of Lithium Carbonate (Li₂CO₃) annually, making Ascend Elements the first U.S. company to produce Li₂CO₃ from recycled content. In Hopkinsville, Kentucky, the company is building an advanced Hydro-to-Cathode® pCAM manufacturing facility to produce engineered battery materials for up to 750,000 electric vehicle batteries annually. When operational in late 2026, the facility is expected to be North America’s largest NMC pCAM manufacturer.

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SOURCE Ascend Elements

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Qmulos Now Available on Cisco Global Price List (GPL), Accelerating Continuous Compliance Solutions for Joint Customers

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CHANTILLY, Va., April 22, 2026 /PRNewswire/ — Qmulos, a leader in Continuous Compliance, today announced that its flagship products, Q-Compliance (Q-C) and Q-Behavior Analytics and Audit (Q-BA2), are now available on the Cisco® Global Price List (GPL) via the SolutionsPlus Partner Program. This strategic integration allows Cisco partners and customers to seamlessly purchase Q-C and Q-BA2 directly through Cisco’s sales organization, simplifying procurement and accelerating the deployment of automated compliance solutions.

Qmulos now available on Cisco® Global Price List (GPL)!

By joining the Cisco GPL, Qmulos deepens its pre-existing partnership with Splunk, now a Cisco company, empowering organizations to address complex automated compliance challenges with integrated, validated technologies. The collaboration enables a unified buying experience for customers looking to combine Cisco’s industry-leading infrastructure with Qmulos’ specialized capabilities.

“Becoming a SolutionsPlus partner and getting on the Cisco GPL is a major milestone in our commitment to fostering a stronger, more secure digital ecosystem alongside Cisco,” said Matt Coose, CEO and Founder at Qmulos. “This enables us to meet the growing demand for our solutions while providing Cisco customers with a streamlined path to simplify technical evidence collection, streamline workflows, and strengthen cyber posture.”

Key Benefits of Q-Compliance (Q-C) and Q-Behavior Analytics and Audit (Q-BA2) on Cisco GPL:

Simplified Procurement: Customers can now acquire Qmulos through their existing Cisco sales representative, reducing vendor onboarding time.

Validated Integration: Q-C and Q-BA2 work seamlessly within Cisco’s (Splunk’s) architecture, ensuring reliability and performance.

Enhanced Security & Visibility: Continuously monitor control status and effectiveness across numerous compliance frameworks and environments in near-real time.

For more information on the combined solution, visit www.qmulos.com or contact your Cisco account manager. 

About Qmulos
Qmulos is a premier Splunk-based cybersecurity and compliance company founded in 2012 that automates risk management, security compliance, and auditing. They provide real-time compliance solutions for complex environments, helping government and commercial clients adhere to standards like NIST, CMMC, and FedRAMP through actionable, evidence-based insights.

Media Contact:
Danielle Schiffman
danielle.schiffman@qmulos.com
1-844-476-8567

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SOURCE Qmulos

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New Study Reveals Retail Security Measures Are Driving Customers Away

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DALBAR and Competitor IQ survey of 500 North American shoppers uncovers a costly tension between loss prevention and the customer experience

MARLBOROUGH, Mass., April 22, 2026 /PRNewswire/ — DALBAR, Inc. and its division Competitor IQ today released the 2026 Retail Security and Loss Prevention Study, a survey of 500 U.S. and Canadian consumers on how loss prevention strategies affect the retail shopping experience. The findings reveal a significant tension between security and convenience — one that is already costing retailers sales.

38%
of shoppers have abandoned a purchase due to in-store security measures

Key Findings

Security Measures Are Pushing Shoppers Out the Door
A significant share of respondents report abandoning purchases due to security-related friction. Locked merchandise cabinets and access restrictions are the leading causes — and the full study breaks down exactly which measures are driving customers away.

Locked Merchandise Is the Biggest Pain Point
Many customers say locked displays negatively impact their shopping experience. Many feel mistrusted and will leave rather than wait — and the data shows a clear link to lost revenue that retailers cannot afford to ignore.

Safety Matters, But Rarely Drives Store Choice
Most shoppers already feel a baseline level of security when they enter a store. The study reveals which measures build customer confidence — and which ones backfire by sending shoppers online instead.

Customers Want Technology, Not Barriers
A strong majority believe AI and surveillance technology can better balance loss prevention with convenience. The full study includes detailed breakdowns of customer preferences by age, income, and retail category.

“Retailers are caught in a difficult position: theft is rising, but the measures used to combat it are alienating the honest shoppers they need to retain. The path forward lies in smarter, less intrusive security — and the data shows exactly what that looks like.”
— DALBAR / Competitor IQ Research Team

When Customers See Theft Happen In-Store…
Most say they would shop there less often or stop visiting entirely.
Only a small share reports no change in behavior. The reputational cost of visible theft is significant — and quantified in the full report.

About the Study
The 2026 Retail Security and Loss Prevention Study was conducted by DALBAR, Inc. and Competitor IQ in April 2026, surveying 500 consumers across the United States and Canada. The full report includes detailed findings by demographic, retail category, and security measure type — with actionable recommendations for loss prevention teams.

Request the Full Report
www.dalbar.com | www.ciqdata.com | press@dalbar.com

About DALBAR, Inc.

About Competitor IQ

DALBAR, Inc. has set the standard for measuring and improving investment advice and financial services quality since 1976. DALBAR awards are recognized as a symbol of excellence in the financial community.

Competitor IQ is a division of DALBAR, Inc. specializing in competitive intelligence and customer experience research, helping organizations make data-driven improvements to service quality and retention.

MEDIA CONTACT:
Steve Worthy
compete@ciqdata.com
www.ciqdata.com

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SOURCE DALBAR, Inc.

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MILLROCK TECHNOLOGY APPOINTS NEIL A. GOLDMAN AS CFO

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KINGSTON, N.Y., April 22, 2026 /PRNewswire/ — Millrock Technology (“Millrock”), a provider of lyophilization and advanced freeze-drying solutions for the life sciences and biopharmaceutical industries, today announced the appointment of Neil A. Goldman, CPA, as Chief Financial Officer.

Mr. Goldman is a veteran executive who brings a distinguished track record as CFO of both private equity-backed and public companies across the MedTech, advanced manufacturing, and professional services industries. Throughout his career, he has consistently transformed mid-market and entrepreneur-led businesses into high-performing platforms through a combination of strategic M&A, operational discipline, rigorous execution, and strong financial leadership.

Most recently, Mr. Goldman served as CFO of Life Science Outsourcing, Inc., a national medical device contract manufacturer, where he implemented operational improvements and upgraded enterprise systems to scale the platform. Prior CFO roles include BioPorto A/S, a Copenhagen-listed in-vitro diagnostics company, Chembio Diagnostics, Inc. and Unwired Technology LLC, a high-tech manufacturer. Mr. Goldman began his career at Ernst & Young and holds a B.S. in Business from Miami University. At Millrock, Mr. Goldman will play a critical role in enhancing the company’s financial foundation, supporting strategic growth initiatives, and enabling continued expansion.

“We are thrilled to welcome Neil to the Millrock team,” said Tom Hochuli, Chief Executive Officer of Millrock Technology. “His depth of experience across both public and private environments, combined with a proven ability to scale businesses and drive value creation, makes him an ideal fit for this next phase of growth. Neil’s leadership will be instrumental as we continue to build a world-class organization.”

“I am excited to join Millrock Technology at such a pivotal time for the company and the lyophilization market,” said Mr. Goldman. “Millrock has a strong reputation for innovation, service, and quality, and I look forward to partnering with the entire team to accelerate our strategic roadmap.”

About Millrock Technology

Millrock Technology Inc. is an innovator of freeze-drying (lyophilization) instrumentation and process development solutions for the pharmaceutical, biotech, and diagnostics industries. Millrock specializes in laboratory, pilot, and production-scale lyophilizers with advanced process control technologies that optimize efficiency, compliance, and scalability. To learn more, please visit www.millrocktech.com.

About Artemis

Headquartered in Boston, MA, Artemis is a specialized private equity firm focused on partnering with differentiated Industrial Tech companies, whose people and products enable a healthier, safer, more connected, and productive world. For more information on Artemis, please visit www.artemislp.com.

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SOURCE Artemis

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