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J-Star secures Taiwan bank approval and Baytown site for $122.5M Texas battery plant amid DOE grant review

Company Fundamentals
02 Jun 2026
GlobeNewsWire
View Source
Bullish
pluang ai news

J-Star Holding announced key milestones for its proposed $122.5 million solid-state battery manufacturing facility in Baytown, Texas, including Taiwan Central Bank approval for a $60 million outbound investment and a formal site commitment from the Baytown West Chambers County Economic Development Foundation. These developments advance capital formation and site readiness while the company's U.S. Department of Energy grant application remains under review. The facility aims to support U.S. domestic battery manufacturing for UAV, defense, aerospace, and energy storage markets, aligning with federal priorities on supply chain resilience and energy security.

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Bitcoin miners face revenue drop but keep accumulating, pushing BTC price slightly above $65K.

Bitcoin miners face revenue drop but keep accumulating, pushing BTC price slightly above $65K.

Bitcoin miners are experiencing declining revenue as the network's hash rate and mining difficulty fall, reflecting a shift of miners into AI infrastructure. Despite this stress, miners are accumulating Bitcoin, with reserves increasing by 1%, signal...

Market News
Bullish
4 hours ago
Lululemon backs French startup Syntetica's $30M Series A to recycle hard-to-reuse nylon for sustainable fashion.

Lululemon backs French startup Syntetica's $30M Series A to recycle hard-to-reuse nylon for sustainable fashion.

Lululemon invested in Syntetica's $30 million Series A funding to support its innovative recycling of Nylon 6 and Nylon 6,6, materials difficult to separate and reuse in textile waste. This move aligns with growing industry demand for sustainable, co...

Others
Bullish
4 hours ago
Ethereum futures long positions rise sharply, signaling growing trader focus and potential volatility.

Ethereum futures long positions rise sharply, signaling growing trader focus and potential volatility.

Ethereum futures long positions among top traders increased by over 3 percentage points across both USDT- and coin-margined markets, indicating a broad-based shift in short-term sentiment. This rise suggests heightened attention on ETH compared to ot...

Technical Signals
Bullish
4 hours ago
Japan's top robotics firms join NVIDIA Cosmos to advance AI-driven intelligent machines.

Japan's top robotics firms join NVIDIA Cosmos to advance AI-driven intelligent machines.

NVIDIA announced that leading Japanese companies in robotics and manufacturing are adopting its Cosmos, Isaac, Metropolis, and Jetson platforms to accelerate AI-powered intelligent machines across industries. The new Cosmos 3 Edge model enables real-...

Market News
Bullish
4 hours ago
Oil prices surge toward $90 as US-Iran tensions and Strait of Hormuz risks escalate.

Oil prices surge toward $90 as US-Iran tensions and Strait of Hormuz risks escalate.

Oil prices are rising sharply due to renewed US naval blockades on Iranian shipping and increased tensions in the Strait of Hormuz, a critical oil transit route. Brent crude is holding above $85 and WTI above $80, with forecasts suggesting WTI could ...

Market News
Bullish
4 hours ago
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