Ascend Elements, Inc.

Bipartisan Infrastructure Law (bil)-integrated Sustainable Battery Active Material Production Plant the Objective of This Project Is to Significantly Expand Us Production Capacity for Sustainable Cathode Active Materials (CAM) for Lithium-ion Batteries (LIBS) for Electric Vehicles (ev’s) and Energy Storage Systems (ess).

Committed

Paid to

UEI YN7MWRXTXFW9

133 Flanders RD, Westborough, MA, 01581

Department of Energy

Place

PEMBROKE, KY, UNITED STATES

KY-01

Performance

Sep 1, 2023 → Jan 30, 2025

How to read these numbers

One award, start to finish: Everything here is this single award's whole record — signed, amended, paid — not a fiscal-year slice. The by-year charts elsewhere split an award across the years it was committed; this page keeps it whole.
Committed vs. ceiling: Committed is what the government has legally promised on this award so far. Contracts can also carry a ceiling — the maximum if every option is exercised. Unspent ceiling is headroom, not money owed.
Paid out: The cash actually disbursed against this award. The gap from committed is the disbursement pipeline: promised, not yet cashed.
The ledger: Each transaction is a signing event — an action that created or changed the award, dated the day it was signed — not a payment. Negative amounts are real: money de-committed at closeout or renegotiation.
The money bar: One bar, the award’s whole arithmetic: paid out, then committed, not yet paid, then .

Source

This award on USAspending.gov ↗

Federal grant · project grant (b)

Department of Energy

Manufacturing and Energy Supply Chain Demonstrations and Commercial Applications to

Ascend Elements, Inc.

Committed

Paid to

Ascend Elements, Inc.

UEI YN7MWRXTXFW9

133 Flanders RD, Westborough, MA, 01581

Department of Energy

Place

PEMBROKE, KY, UNITED STATES

KY-01

Performance

Sep 1, 2023 → Jan 30, 2025

How to read these numbers

One award, start to finish: Everything here is this single award's whole record — signed, amended, paid — not a fiscal-year slice. The by-year charts elsewhere split an award across the years it was committed; this page keeps it whole.
Committed vs. ceiling: Committed is what the government has legally promised on this award so far. Contracts can also carry a ceiling — the maximum if every option is exercised. Unspent ceiling is headroom, not money owed.
Paid out: The cash actually disbursed against this award. The gap from committed is the disbursement pipeline: promised, not yet cashed.
The ledger: Each transaction is a signing event — an action that created or changed the award, dated the day it was signed — not a payment. Negative amounts are real: money de-committed at closeout or renegotiation.
The money bar: One bar, the award’s whole arithmetic: paid out, then committed, not yet paid, then .

Source

This award on USAspending.gov ↗