Ascend Elements to move HQ from Westborough to Devens after outgrowing home
Rendering | Courtesy of Ascend Elements
A rendering of the Ascend Elements new Devens headquarters
Ascend Elements is planning to move its headquarters and research-and-development facility from Westborough to Devens in September 2024.
The battery recycling innovator has leased a 101,000-square-foot facility located at 39 Jackson Road at the Pathway Devens Campus, according to a Wednesday press release from Ascend Elements.
“This relocation will be a milestone for Ascend Elements as we continue our rapid growth in the engineered battery materials industry,” Ascend Elements CEO Mike O’Kronley said in the press release. “The Pathway Devens location is a world-class facility with excellent amenities in a community of cleantech and biotech innovators. We look forward to having space to expand and a facility that will meet our current and future needs.”
Pathway Devens is a 45-acre campus developed by Boston-based King Street Properties. Ascend Elements joins Commonwealth Fusion Systems and life science consultant Azzur Group at the campus.
Ascend outgrew its space in Westborough, said Ascend Senior Director of Marketing & Communications Thomas Frey. Ascend leased space in a second building on Flanders Road in Westborough in 2022 to accommodate its growth. It wanted to house its headquarters and R&D facility in a single building, but did not find an appropriate space in Westborough or the Worcester area.
The company is happy to be part of the new clean tech hub in Devens, said Frey.
Ascend Elements has grown its team 500% in the past 18 months, according to the press release, to 350 members globally and 140 in Massachusetts.
The company has raised more than $1 billion towards construction of a 1-million-square-foot factory in Hopkinsville, Kentucky.
“For a climate tech company in growth mode, Massachusetts is the only place to be,” O’Kronley said. “Our technology was invented at Worcester Polytechnic Institute, and our first location was in Worcester. We have very strong ties to the area, and we look forward to becoming part of the Devens community.”
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Fantastic reporting. Really exciting for this company.
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