Packet Digital Secures $9.8M Contract with U.S. Navy for Battery Production
Packet Digital has been awarded a $9.8 million contract to advance its U.S. Navy battery production capabilities. This funding allows the company to transition into Phase 3 of the Logistics UAS Family of Advanced Batteries program, focusing on scaling production and ensuring supply chain validation.
Theia Market Signal Identification - AI AssistedPacket Digital, along with its subsidiary Badland Batteries, received a $9.8 million contract from the U.S. Navy for Phase 3 of its battery development program. Following the completion of Phase 2, which involved the design and construction of a battery cell manufacturing facility, Phase 3 aims to increase production rates and validate material supply chains.
The factory is set to support various lithium-ion chemistries, enhancing the domestic defense supply chain. This advancement reflects a commitment to U.S. manufacturing and national defense readiness, potentially impacting future defense capabilities and commercial markets.
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