Join the Sustainable energy revolution.

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.

Next Offering

Anticipated 2022

Total Invested

$15 Million

# of investors

3500 +
i
Total Invested to date

$22,000,000

i
Number of Investors

4500+

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Right now we have our heads down focused on operations, technology development, and commercialization of the business. We look forward to having you involved very soon!

Recent Press

company Highlights

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. 

1
Founder Teague Egan has been compared to Elon Musk (founder of Tesla) by the BBC.
2
World-class team of 50 people and growing, and international partners with over 100+ years of experience in energy and water technologies.
3
EnergyX lithium extraction technology boosts lithium recovery rates from 30% to 90%. Processing technologies for lithium metal and solid-state batteries are in development.
4
Expansive intellectual property portfolio of 43 patents (and rapidly expanding), patent applications, and licensed technologies.
5
Agreements in place with 4 of the top 10 lithium producers (customers) in the world.
6
Governments around the world are imposing strict policies to rid themselves of fossil fuels and move to renewable technologies that require lithium batteries.
“We are powering the future of the energy storage market projected to reach $546 billion by 2035.”
Teague Egan

Creating technology to produce lithium for a fraction of the cost.

A Global Threat

With climate change on the rise and the environment in a state of crisis, there is a high demand for innovation in the energy materials sector.

Outpaced Demand

The supply of lithium for the batteries essential to powering electric vehicles and renewable energy doesn’t meet growing demands. As a result, the US Government has placed lithium at the top of the List of Critical Minerals 2018. It is now also a high priority for the Department of Defense and Department of Energy.

A Solution for the Modern Age

Unlocking the sustainable energy future hinges on the ability to efficiently extract lithium to keep up with high demand. EnergyX increases lithium output 2-3x.
  • Our patented technology is an unparalleled, highly scalable nanotechnology capable of rapid ion transport and specific selection of any ion in an aqueous mixture. This approach makes lithium production substantially more affordable and efficient than the antiquated brine and hard rock extraction methods of the past.

A Global Threat

With climate change on the rise and the environment in a state of crisis, there is a high demand for innovation in the energy materials sector.

Outpaced Demand

The supply of lithium for the batteries essential to powering electric vehicles and renewable energy doesn’t meet growing demands. As a result, the US Government has placed lithium at the top of the List of Critical Minerals 2018. It is now also a high priority for the Department of Defense and Department of Energy.

A Solution for the Modern Age

Unlocking the sustainable energy future hinges on the ability to efficiently extract lithium to keep up with high demand. EnergyX increases lithium output 2-3x.
  • Our patented technology is an unparalleled, highly scalable nanotechnology capable of rapid ion transport and specific selection of any ion in an aqueous mixture. This approach makes lithium production substantially more affordable and efficient than the antiquated brine and hard rock extraction methods of the past.

Producing Lithium for a Fraction of the Cost

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.

LITAS™ CAN IMPROVE OUTPUT 2-3X

Evaporation Pond
30%
Hard rock
58%
LiTAS™
90%

MARKET OPPORTUNITY

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 DEMAND IS SKYROCKETING

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.

MASSIVE GROWING STORAGE NEED

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.

TESLA STOCK PRICE HAS EXPLODED

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.

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Business Traction

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.

CUSTOMER RELATIONSHIPS

SIGNED LETTER OF INTENT

  • Third biggest producer of lithium in South America behind SQM and ALB
  • Operates brine in Argentina
  • EnergyX is testing metric tons of Allkem brine on our lab pilot machines

WON PILOT PLANT BID - SIGNED AGREEMENT

  • Owns the world's largest lithium reserve in South America behind SQM and ALB
  • +1B of built infrastructure including ponds and final processing facility
  • Targeting Lithium Production: 75,000 tons/year by 2024; 150,000 tons/year by 2026

DEVELOPMENT PROGRESS TO DATE

2014

Dr. Huanting Wang

At Monash University in Melbourne, Australia, Wang starts studying highly selective lithium nano-materials which were 100x better than anything ever reported.

Aug 2018

Dr. Benny Freeman

At University of Texas, Freeman establishes Center for Materials in Water & Energy Technologies (M-WET) with $10MM Department of Energy (DOE) grant to study MOFs embedded into Membranes

Dec 2018

EnergyX Incorporated

Company is incorporated in Commonwealth of Puerto Rico

May 2019

Exclusive IP License

EnergyX Licenses First 5 patents from University of Texas, Monash University, CSIRO, and Oslo

Feb 2020

Suez

Signs Terms Sheet with SUEZ WTS. (Biggest water technology supplier in the world)

Feb 2020

Allkem LOI

EnergyX signs first major Pilot LOI with Allkem. (3rd largest lithium brine producer in the world)

2021

EnergyX Funding

Completes Series A Funding of $10MM

June 2021

Austin TX Move

EnergyX opens its lab in Austin TX. Expands team to 30 scientists and engineers.

October 2021

YLB Agreement

Signed Pilot Technology Agreement at Largest Lithium Reserve in the world

FUTURE ROADMAP

2022

2022

DEMO PLANT
  • Two full size units
  • Containerized System
  • 6 months of continuous testing

2023

2023

FULL SCALE STAGE 1
  • 45,000+ MT/Yr LCE
  • 12 month EPC
  • 6 month operational ramp

2025

2025

Commercial Stage 2
  • 150,000+ MT/Yr LCE
  • 6 month operational ramp

2028

2026 - 2028

Commercial Stage 2
  • 500,000+ MT/Yr LCE
  • 12 month EPC
  • 12 month operational ramp

STRATEGIC ADVANTAGES

1

Commodity Market

In any commodity market, low cost of production wins capital investment and project success. EnergyZ provides the lowest cost of production to existing producers
2

Our Superior Technology

  • LiTAS membrane-based technology is a mechanical separation technique (as opposed to natural evaporation) and is a complementary approach to pond ecosystems with low CapEx investment and reduced OpEx benefit for producers.
  • Increased recovery rates from ~30% up to 90% using LiTAS, (Estimated $40m investment vs. $300m+ for a 20,000 tons/year production). Scalable, modular, commercial units fit to purpose.
3

Inefficient Existing Methods

Current exaction methods and competitor technologies are capital intensive. Estimated $300-500m investment for 20,000 tons per year, resulting in delayed project approval and supply shortage.
4

Customer Economic Returns

EnergyX customers(miners & producers) will see %30% IRR returns on incremental production. Lowest cost lithium in the world.
We will not stop until every car on the road is electric
Elon Musk

Strategic Advantages

Conventional Ponds

18 months
TIME COMPARISON
Few Days
LITAS™ DIRECT EXTRACTION

Recurring Revenue Business Model

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.

1

Technology Licensing Fees

Licensing fee for technology based on lithium production (MT per annum). Capital costs financed or leased by customers.
2

Recurring Membrane REplacement

Incremental replacement of all commercial membrane units (estimated every 1-2 years)
3

Opportunistic Lithium Offtake and Sale

Direct purchase of lithium extracted from resource owner, incorporating Litas™ technology cost in pricing. EnergyX then sells the product to the final customer. Offtake agreement allows financing for capital expansion to cover expanded lithium production/processing.
Develop sophisticated technology for direct lithium extraction and next-gen batteries cell architectures
Work with experienced manufacturing partners to build the technology at scale
Sell the hard goods to end user for a profit share with manufacturing partners (Revenue Stream 1)
License the technology IP to end users on an ongoing basis for an annual recurring technology stream per ton of lithium produced using LiTAS (Revenue Stream 2)
"We are powering the future of the energy storage market projected to reach $546 billion by 2035"
Invest in EnergyX

EXECUTIVE LEADERSHIP

TEAGUE EGAN

Chief Executive Officer
  • Founded EnergyX in 2018; responsible for leading all efforts to evolve the company into a world leader in renewable energy.
  • Climate activist and investor in public sector energy assets and sustainable technologies, including Tesla in 2013 at $9/share.
  • Multiple time startup founder and entrepreneur in entertainment, technology, and venture capital. (Founder of Innovation Factory VC) focused on technology, sustainability, space, and life sciences.

Juan Carlos Barrera

President of Lithium, South America
  • Juan Carlos has been in the mining Industry for more than 32 years.
  • Worked 2 years for Exxon and 28 years at SQM, one of the largest producers of Lithium in the world.
  • During the last 12 years in SQM worked as the Lithium and Potassium Senior Operations Vice-President, responsible for Operations and Projects of Lithium and Potassium from deposit exploration, mining exploitation to the production of different Lithium chemicals and fertilizer products.

Dr. Amit Patwardhan

EVP of Technology
  • Joined EnergyX in 2020. Leads all technology related initiatives.
  • 12 years as Director of Global Research at Rio Tinto (global Fortune 500 Mining & Metals company; over $40 billion in annual revenue).
  • Co-invented lithium recovery process in Europe & CA lithium projects.
  • Managed international teams across 4 continents; & $40M R&D budget.
  • Published 50+ peer-reviewed papers; BS in Chemical Engineering from the India Institute of Tech; MS, PhD and MBA degrees in USA.

ADVISORY BOARD

DR. BENNY FREEMAN

University of Texas

JOHN MADDEN

Former CFO of Tesla Energy

Robert Morgan

Former CEO of GE Energy Storage

BOB GALYEN

Founding CTO of CATL

MICHAEL EGAN

Former CEO of Alamo

ARIEL EMANUEL

Chief Executive Officer of Endeavor

RAMEZ NAAM

Co-Chair for Energy

Dr. Tim Merkel

Membrane Technology & Research