DIU wants to leverage commercial investments in high-specific energy storage and advanced battery technology

Lyten was one of 12 companies that submitted bids in response to a Jan. 2020 solicitation from DIU seeking energy storage and management solutions to improve the duty cycle of small satellites. The company won a contract in spring 2020 known as “other transactions,” an agreement commonly used by DIU where the government and the contractor co-invest in the project.

Read more… https://spacenews.com/defense-innovation-unit-taps-lyten-to-develop-high-performance-batteries-for-small-satellites/