Gabe Elias, founder of 3D-printed battery startup Material, explains hardware demand for conformal battery shapes while pitching to investors on The Pitch.
“Almost every iPhone that's produced now has an L-shaped battery.”
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More from Gabe Elias
AssertionNot checkable as stated
Material's proprietary nanomaterial blend eliminates the need for current collectors
“So our secret sauce is really our specialized nanomaterial blend that we developed in-house over the last couple years, and what this allows us to do is create batteries without current collectors. That's how we can make these conformable shapes.”
Gabe EliasApr 30, 2025▶ 7:13Will VCs Back 3D-Printed Conformal Batteries?
PredictionNot checkable as stated
Elias: Competitors won't produce collector-free conformal batteries for a decade
“It's something that's not seen in the industry right now. It is emerging, I would say, in academia, and you might see it from other players in the next decade, but we're first movers because we had so much experience prior to starting this company.”
Gabe EliasApr 30, 2025▶ 7:25Will VCs Back 3D-Printed Conformal Batteries?
Disclosure
Material is targeting early-stage gross margins of 25% to 30%
“Well, I guess it depends on the complexity, but, you know, I'm going to be targeting in the 25 to 30% margin, at least at the early stage.”
Gabe EliasApr 30, 2025▶ 16:17Will VCs Back 3D-Printed Conformal Batteries?
PredictionNot checkable as stated
Material expects its battery manufacturing costs to reach $85–$90 per kWh
“We expect to be able to manufacture at somewhere around the 85 to 90 dollars per kilowatt hour.”
Gabe EliasApr 30, 2025▶ 11:43Will VCs Back 3D-Printed Conformal Batteries?
Opinion
Elias: F1 engineering takes conventional automakers four times longer
“The things I was able to do in Formula One would take a conventional auto manufacturer, probably four or five times the amount of time and money for that matter.”
Gabe EliasApr 30, 2025▶ 19:18Will VCs Back 3D-Printed Conformal Batteries?
Opinion
Elias: Chinese oversupply keeps battery prices at unsustainably low levels
“I really think the battery industry specifically is artificially constrained by the oversupply, obviously, that we know from China, and that keeps the prices at a lower level than what's probably sustainable.”
Gabe EliasApr 30, 2025▶ 25:25Will VCs Back 3D-Printed Conformal Batteries?
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