Latest Ascend Elements News & Updates

See the latest news and media coverage for Ascend Elements. We track all announcements, press releases, and industry mentions in real time, all in one place.

Company icon
Ascend Elements

Sustainable battery materials manufacturer and recycler

ascendelements.com
Headquarters
Westborough, United States
Founded year
2015
Company type
Private company
Number of employees
150–200

Last updated

Latest news about Ascend Elements

In short: Ascend Elements filed for Chapter 11 bankruptcy following financial instability, heavy debt, and a decline in electric vehicle market interest.

Company announcements

  • Ascend Elements

    Ascend Elements initiates Chapter 11 bankruptcy process

    CEO Linh Austin announces the voluntary filing to stabilize finances and maximize stakeholder value amid past mismanagement.

  • Ascend Elements

    Ascend Elements joins Polish Electric Battery Cluster as founding member

    The cluster launches in Opole, uniting industry, academia, and government to build a battery value chain. Ascend Elements presents on circular production.

  • Ascend Elements

    Ascend Elements wins award for Project Apex 2 manufacturing investment

    PAIH names it Manufacturing Investment of the Year. The EU-first facility in Poland refines recycled batteries into low-carbon cathode materials using Hydro-to-Cathode® technology. Poland grants USD 320 million.

  • Ascend Elements

    Ascend Elements names TDK Ventures 2025 Partner of the Year

    The recognition honors their strategic engagement, business development, advocacy, and capital support advancing growth and expansion.

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Media coverage

  • Wall Street Journal

    Ascend Elements files for bankruptcy

    Ascend on Thursday had approximately $103.5 million in funded debt, $40 million in unsecured debt, and $145 million in lien claims.

  • Waste360

    Battery recycler Ascend Elements files for bankruptcy

    Ascend Elements said it has started Chapter 11 bankruptcy proceedings in the U.S., a heavy blow to investors who had sunk nearly $900M into the...

  • Bloomberg

    Battery Recycler Ascend Elements Files for Bankruptcy

    The climate tech company boomed during the Biden years but has struggled amid a drop in EV interest.

  • AP News

    Polish Investment and Trade Agency (PAIH) Names Ascend Elements’ Project Apex 2 Manufacturing Investment of the Year

    The Polish Investment and Trade Agency (PAIH) has named Ascend Elements ’ Project Apex 2 its Manufac...

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