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Our Next Energy

US manufacturer of lithium-ion LFP batteries for grid storage, rail, and defense applications.

Last updated September 16, 2026

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Overview

Our Next Energy (ONE) is a Michigan-based company founded in 2020 that manufactures lithium-ion batteries for grid storage, rail, and defense applications. ONE produces LFP (lithium iron phosphate) batteries at its Michigan manufacturing footprint, including the ONE Circle LFP cell factory and a Novi pack facility supporting rail and ESS products. The company states a three-part mission around energy density, safety, and sustainability, and has announced company-level ISO 9001 certification and UN 38.3 certification of the ONE OTP Cell.

History

Our Next Energy (ONE) was founded in 2020 and is a Michigan-based company creating durable, safe, and sustainable energy storage solutions. The company has built and scaled the first U.S. lithium iron phosphate (LFP) cell and pack factories in Michigan. ONE raised $300 million in Series B equity, a milestone marking the transition from venture to growth equity investors. The company has announced company-level ISO 9001 certification and UN 38.3 certification of the ONE OTP Cell.

Products and positioning

US OEM built around quality, safety, and scalable production of LFP batteries for demanding environments.

  • ONE 110 Ah OTP™ Cell

    Opposed-Terminal Prismatic (OTP™) LFP cell for power-dense performance in defense and industry, manufactured in Michigan.

  • Aries™ LFP

    LFP battery improved with design for safety.

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