Its role Owner
KORE Power, Inc. is a United States-based developer and manufacturer of advanced lithium-ion battery cells and integrated energy storage systems. Founded in 2018, the company focuses on producing high-performance NMC and LFP chemistry cells designed for energy storage, e-mobility, utility, industrial, and mission-critical applications.
It provides a vertically integrated portfolio including proprietary battery cells, modules, racks, and scalable DC blocks such as the 750 LFP and 1340 NMC models, along with its KORE Asset Management Systems (KAMS) platform for real-time monitoring, safety, and performance optimization. Operations are centered in the United States with headquarters in Coeur d'Alene, Idaho, and manufacturing facilities in Waterbury, Vermont.
The company previously advanced plans for the KOREPlex gigafactory in Buckeye, Arizona, intended for up to 12 GWh annual cell production capacity, but discontinued the project in 2025 as part of restructuring. In 2026, KORE Power entered into an agreement to be acquired by T1 Energy, positioning it within a broader U.S. solar and battery supply chain. As an early independent American-owned participant in domestic cell manufacturing, it contributes to strengthening the national clean energy supply chain and advancing sustainable power technologies.
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