Ebonex is a group of three companies. Ebonex Limited the holding company was formed in October 2014 when the principal investors NES partners of Denmark and the Low Carbon Innovation Fund invested in the next phase of battery development required to produce an Atraverda Battery of sufficient quality and performance to be able to advance towards technology demonstration in a relevant environment and a potential field trial.

Ebonex Technologies Limited and Ebonex IPR Limited are wholly owned subsidiaries of Ebonex Limited and are respectively responsible for the battery development operations and the ownership and development of the extensive knowledge, documented theoretical and practical research, patents and trade mark development and protection for the Ebonex Powder and the products developed from that.