Estes Energy Solutions develops large-format magnesium thixomolding processes and monocast thermo-structural magnesium battery modules that integrate structure, coolant channels, and a high-voltage enclosure. The company has proprietary alloy and coating work intended to mitigate magnesium flammability and corrosion. Estes plans to build a U.S. giga-thixo machine capable of roughly 30 kg per shot and one part per minute, targeting first-half 2027 operation. It is securing U.S. and allied feedstock and domestic manufacturing to ensure supply security. Estes targets mass-constrained, high-duty-cycle markets including rail, marine, aviation, and Class 8 trucks. The company was founded in 2024 by engineers from Tesla, Sila, and Cummins and raised an $11M seed round co-led by BMW i Ventures and Fortescue.

Total raised

$11M

Funding rounds

1

Latest round

Seed

Latest activity

Jul 2026