Company Overview
About EnergyX
EnergyX is a sustainable energy technology company founded in 2018 by Teague Egan and headquartered in Austin, Texas. The company is developing two core technology platforms: LiTAS (Lithium-Ion Transport and Separation), a direct lithium extraction (DLE) membrane technology that recovers lithium from brine sources at dramatically higher efficiency than conventional solar evaporation methods; and SoLiS, a solid-state lithium metal battery platform that aims to deliver higher energy density and improved safety compared to conventional lithium-ion batteries. Both technologies target critical bottlenecks in the lithium supply chain and battery storage markets that underpin the global energy transition.
Business Model & Competitive Advantage
Conventional lithium production from brine relies on solar evaporation ponds that take 12–18 months to process brine and recover only 30–40% of available lithium, using vast areas of ecologically sensitive land in South America's Lithium Triangle (Chile, Argentina, Bolivia). EnergyX's LiTAS membrane technology claims to recover up to 90% of lithium from the same brine sources in a continuous, modular process that requires significantly less land and time. The company has partnered with major lithium producers in South America including YPF (Argentina's national oil company) and others to pilot its technology at operational lithium brine operations.
Competitive Landscape 2025–2026
In 2023, General Motors invested in EnergyX as part of a broader strategic partnership, validating the technology's commercial potential and reflecting GM's need to secure domestic lithium supply for its EV ambitions. Total fundraising has exceeded $450M, including capital from strategic investors aligned with the energy transition. EnergyX positions itself at the intersection of critical minerals supply chain security — a major policy priority for the U.S. government — and next-generation battery technology.
Key Differentiators
Emerging Innovator
EnergyX is an emerging player bringing innovative solutions to the Climate & Energy market.
Frequently Asked Questions
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