Princeton Critical Materials ( SOSV Accelerator)

Company Description: Princeton Critical Materials has developed a pioneering approach to lithium extraction, addressing the critical demand surge anticipated as the world shifts towards electrification and electric vehicles. Their initial product line enhances productivity in existing lithium evaporation ponds by 50% without necessitating new capital expenditures, aiming for full commercial deployment by the end of 2024. Additionally, PCM has developed a method to extract lithium from sources previously considered uneconomical, such as wastewater from fracking operations.
Market: Lithium Production
Location: United States