Innov-X Systems

About Innov-X Systems

MERA Batteries, established in 2024, is a Moroccan-based entity focused on creating an integrated energy storage ecosystem within the country. The company was founded as a subsidiary of Innovx, the innovation accelerator of Mohammed VI Polytechnic University (UM6P), with backing from the OCP Group. This strategic positioning leverages the deep research and development capabilities in battery materials at UM6P, which has been advancing technologies for cathodes, anodes, and electrolytes for various battery types, including Lithium Iron Phosphate (LFP), sodium-ion, and solid-state batteries.

The company is addressing the growing global and domestic demand for energy storage solutions, which are critical for the transition to renewable energy and the expansion of electric mobility. MERA Batteries operates across the entire value chain, from producing phosphate-based active materials to manufacturing high-performance LFP battery cells and scalable, containerized battery systems. Its business model is centered on supplying these essential components and systems to a diverse client base that includes utility grid operators, automotive manufacturers, industrial applications, and residential users. By localizing production, MERA aims to enhance Morocco's energy independence and industrial growth.

MERA's product portfolio is designed to be comprehensive, starting with the raw and active materials and extending to finished battery products. The core offering revolves around LFP-based batteries, known for their safety and performance. The company is on a clear roadmap toward industrialization, with plans to deliver its first product samples in 2025 and commence full-scale production of LFP batteries by 2026. This phased approach is intended to de-risk the complex process of establishing a domestic battery manufacturing capability. MERA Batteries enters the market as an unfunded company, led by Directeur Général Hicham Slaoui, and is positioned to play a pivotal role in Morocco's sustainable energy future.