RISE and Vanadis Energy sign five-year agreement on advanced battery technology

STOCKHOLM, SWEDEN, AND EISENSTADT, AUSTRIA: 27 APRIL 2026 - Vanadis Energy and RISE Research Institutes of Sweden AB announced the signing of a comprehensive five-year Framework Agreement to drive the development and global deployment of advanced Vanadium Solid State Battery (VSB) technologies.

Effective 1 May 2026, the partnership will combine Vanadis Energy’s industrial expertise and global supply-chain capabilities with RISE’s world-class research infrastructure and dedicated Bioeconomy division resources.

Vanadis Energy will make a multimillion euro commitment over the five-year period to fund joint R&D, commissioned research projects, and applications for publicly funded innovation programs.

Key focus areas include localization of material production in Sweden and Europe, development of secure vanadium and carbon supply chains, advancement of adhesive layers between sheets, improvement of VSB electrolytes, supplier engagement and support, funding of related PhD studies, strategic market development, and the full certification of Vanadis Energy’s VSB technology for the wider global market, ensuring compliance with the highest dual-use standards for both civilian and strategic applications.

“This strategic collaboration with RISE marks a pivotal step in our mission to deliver safe, sustainable, and highest performance energy storage solutions at scale,” said Kazumasa Kurokawa, CEO of Vanadis Energy. “Our multimillion commitment provides priority access to RISE’s state-of-the-art facilities and expertise, enabling us to accelerate innovation, achieve full global certification, and position VSB technology as a cornerstone of the energy transition and energy security of the future.”

Malin Frenning, CEO of RISE, added: “This partnership strengthens RISE’s work to develop the battery value chain in Sweden. Access to raw materials and production capacity is strategically crucial, and with this agreement we are taking a long-term approach that will make a significant contribution to the energy transition ”

The Framework Agreement includes annual joint Scope of Work planning and ensures dedicated resources for rapid response to Vanadis Energy’s development priorities.

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About Vanadis Energy
Vanadis Energy is a pioneering developer of next-generation Vanadium Solid State Battery technologies, backed by its Japanese parent company MK Plus. Focused on superior safety, longevity, and sustainability, Vanadis Energy is driving the mass production of high-performance energy storage solutions for renewable integration, grid stability, and strategic applications worldwide.

About RISE
RISE Research Institutes of Sweden is Sweden's national research institute and innovation partner with more than 3,000 employees dedicated to sustainable industrial development and breakthrough technologies. Through internationally leading research and demand-driven knowledge development, RISE contributes to a competitive business sector and a sustainable society.

For more information, please contact:

Atanas Zhelev

atanas.zhelev@vanadisenergy.com