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The company is also expanding its staff by more than 20%.
Cymbet Corp. and X-FAB Texas Inc. have agreed to open a large-volume, solid-state-battery facility in Lubbock, TX. The move is attributed to global demand for Cymbet’s EnerChip’s solid-stage battery. Cymbet is also expanding its Elk River, MN, staff by more than 20%, reports Cymbet CEO Bill Priesmeyer.
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