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Altairnano is a company developing and manufacturing nano lithium titanate batteries that is headquartered in Reno, Nevada, and was founded in 1973. The company's battery products are used for electric grids, smart grids, renewable integration, remote ups, transportation, and industrial applications.
On January 1, 2010, Altairnano was acquired through stock acquisitions by YinLongGroup.
On November 14, 2007 Altairnano announced receiving $7 million in federal funding due to the Defense Appropriations Bill. The company plans on using the funding to develop advanced lithium batteries and sensors with the goal of reducing the amount of diesel fuel used by the United States military.
In 2007 Altairnano announced selling $40 million shares of common stock to an investor located in Dubai named Al Yousuf.
In 2007 Altairnano announced selling another $10 million shares of common stock to Al Yousuf.
