In June 2016, Energ2 was acquired by BASF, which had previously been an active investor and collaborator of the firm on production of carbon materials for atomotive and industrial applications. Headquarted in Seattle with manufacturing facilities also in Oregon, EnerG2 Technologies, Inc. is an advanced materials company, engineers nano-structured carbon materials for wide veriety of energy storage applications such as ultracapacitors, lead acid batteries, lithium batteries, advanced batteries, and adsorbed natural gas storage. The firm's proprietary manufacturing technologies allow its products to surpass the material limitations of naturally occurring carbons, producing high surface area, high performance materials that improve power density and cycle life in batteries and other energy storage devices.