6K Wins Conditional $250M US Loan for Tennessee Cathode Plant
NORTH ANDOVER, Mass. – November 05, 2026 -- 6K Inc. has received a conditional commitment for a loan of up to $250 million from the U.S. Department of War, through its Office of Strategic Capital, to build a domestic cathode materials production facility in Jackson, Tennessee.
Loan targets U.S. dependence on foreign-produced cathode materials
The financing is aimed at metal oxide cathode materials, a critical component of high energy density lithium-ion batteries used in defense, drones, mobility, energy storage and robotics. The company says the U.S. remains heavily dependent on foreign-produced cathode materials. That dependence exposes domestic manufacturers to trade restrictions, geopolitical disruption and foreign control of strategic materials.