FEATURE operations to meet the increasing demand for our cutting-edge battery solutions . With our focus on sustainability and advanced technology , this capital will help expand our production capacity and spur further innovation .
In addition , we acquired a battery cell manufacturing facility in Scotland earlier this year . This strategic move enhances our production capabilities and brings us closer to key markets . As a result , we have massively accelerated our timelines for going to market with our first product , a 3D lithium metal anode . The stateof-the-art facilities at the plant will allow us to produce high-quality battery cells efficiently and sustainably and to deliver these to our first customers in 2025 . We are committed to revolutionising the battery industry by developing a 3D anode architecture that all OEM [ original equipment manufacturer ] and cell manufacturers will want to include in their supply chain . In simple terms , with our technology we can pack a lot more energy in a cell , and at the same time offer fast charging . As this is a drop in solution , this can be easily incorporated in existing supply chains and produced at large scale . We are using techniques that have been proven already in other industries , making our product scalable and cost-effective .
Looking ahead to 2025 , we have big plans . We will continue to invest in our manufacturing capabilities , leveraging the new capital and
enhanced facilities in Scotland . Our focus will remain on delivering high-quality , sustainable battery solutions that meet the evolving needs of our customers . Concurrently , we will strengthen our financial operations to support ongoing innovation , R & D and expansion into new markets .
To support these plans , we will continue to build out strict operational controls and smart financial planning . Establishing and maintaining a solid foundation of accountability and transparency will be crucial for attracting and managing ongoing investments . We will set up a framework for financial governance that will enable us to manage risks effectively and make well-informed strategic decisions . This methodical approach will ensure our ability to sustain growth in the long-term .
As hiring is one of our top priorities for 2025 , we ’ re committed to hiring talented individuals with the skillsets we need from across the globe to support our mission . We are committed to growing diverse teams filled with varied experiences and ideas , driving innovation and enhancing problem-solving capabilities . For us , diversity and inclusion are fundamental to our identity as a company and will remain central to our growth strategy .
With all of this in mind , I am excited about what the future holds for LionVolt . Our journey is just beginning , and the opportunities ahead in 2025 are incredibly promising . x
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