{"id":882002,"date":"2025-09-04T10:01:05","date_gmt":"2025-09-04T14:01:05","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/texpower-appoints-bader-almonawer-as-president-to-lead-u-s-lithium-ion-battery-manufacturing-into-the-future\/"},"modified":"2025-09-04T10:01:05","modified_gmt":"2025-09-04T14:01:05","slug":"texpower-appoints-bader-almonawer-as-president-to-lead-u-s-lithium-ion-battery-manufacturing-into-the-future","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/texpower-appoints-bader-almonawer-as-president-to-lead-u-s-lithium-ion-battery-manufacturing-into-the-future\/","title":{"rendered":"TexPower Appoints Bader Almonawer as President to Lead U.S. Lithium-Ion Battery Manufacturing Into the Future"},"content":{"rendered":"
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HOUSTON, Sept. 04, 2025 (GLOBE NEWSWIRE) — TexPower<\/strong>, a U.S.-based battery cathode materials company, proudly announces the appointment of Bader Almonawer as President<\/strong>. With a proven track record of leadership and strategic growth, Almonawer will spearhead TexPower\u2019s mission to reclaim American leadership in lithium-ion phosphate (LFP) manufacturing and drive the company\u2019s next phase of expansion.<\/p>\n

Almonawer brings extensive leadership, financial, and operational expertise to TexPower. He currently serves as Chairman of the Audit Committee at NeOnc<\/strong>Technologies (NASDAQ: $NTHI)<\/strong>, where he played a pivotal role in fundraising and<\/strong>financial structuring during the company\u2019s IPO process<\/strong>, and continues to lead as Audit Chair. He also sits on the Board of Directors of Neuromena and Arabian Group of Companies<\/strong>. His professional background includes management consulting at McKinsey &<\/strong>Company<\/strong> and investment banking at Citigroup, where he focused on<\/strong>energy-sector capital raising and M&A<\/strong>. Almonawer holds an MBA from MIT<\/strong>, a Master\u2019s in Economics from Cornell University<\/strong>, and a Bachelor of Science in<\/strong>Engineering from Penn State University<\/strong>.<\/p>\n

TexPower\u2019s origins trace back to pioneering research from Professors John B. Goodenough and Arumugam Manthiram\u2014whose discoveries in the 1980s and 1990s unlocked LFP technology, now used in more than half of all lithium-ion batteries worldwide. Co-founded by Prof. Manthiram and Dr. Li, TexPower combines decades of\u00a0R&D expertise to deliver advanced energy solutions for power tools, electric vehicles, and grid-scale storage.<\/p>\n

Today, China manufactures nearly all of the world\u2019s LFP. TexPower, founded in 2019 in Houston, Texas, aims to reverse that trend by bringing LFP production back to its roots in the United States.<\/p>\n

\n TexPower\u2019s Current Milestones<\/strong>\n <\/p>\n