EnergyX is disrupting the $112B battery market with innovative technology that meets the rising demand for lithium, the key component of batteries, for a fraction of the cost.
As the world is steadfast in transitioning to sustainable energy, Energy Exploration Technologies Inc. (EnergyX) has a mission to “Power The Future.” Founded by serial entrepreneur, Teague Egan, and a team of the world’s leading scientists, engineers, and sustainable energy veterans, EnergyX is creating revolutionary technology to support the shift to clean energy.
Our patented LiTAS™ technology is an unparalleled, highly scalable nanotechnology capable of rapid ion transport and specific selection of any ion in an aqueous mixture. The first-of-its-kind membrane filtering technology acts as a size sieve and accelerates the lithium extraction process. This method makes lithium production more affordable and significantly more efficient than the antiquated brine and hard rock extraction approaches of the past.
The battery market today is $112 billion per year and expected to reach $546 billion per year by 2035. Lithium is a key driver for the battery and energy storage market, and present in all forms of rechargeable batteries.
Lithium is a key battery material that powers Tesla EV's. The lithium market is expected to increase in demand 13x from 300,000 tons per annum to nearly 3.8M tons of lithium per annum by 2035. Every automaker (Ford, GM, VW, Mercedes, Toyota, BMW, etc.) is transitioning their fleet to fully electric, and will all require millions of tons of lithium to manufacture battery-powered cars.
Over the next 10-20 years, lithium will become one of the most highly demanded natural resources in the world. It will replace fossil fuels as the leading renewable energy storage source, paving a path forward to a sustainable future. Right now, batteries are the bottleneck to store renewable solar and wind energy, and energy storage is exponentially increasing over the next 5, 10, 20 years.
Few people believed in Tesla when they started the renewable energy revolution back in 2003. In 2021 their market cap surpassed $1 Trillion Dollars. Currently, there is a massive shortage and all automakers including Tesla are scrambling to find lithium. EnergyX’s direct lithium extraction technology solves this problem. Now is your chance to get in on the next big renewable energy company in EnergyX.
EnergyX’s patented LiTAS™ is a step-function improvement in lithium extraction that has earned the company established customer relationships with the industry’s largest players.
EnergyX utilizes a technology license fee to create annual recurring revenue from every ton of lithium produced using our LiTAS™ technology. We plan to make up to $1000 for every ton extracted. We also generate revenue from the direct sale of our products to customers.