STOCK TITAN
  1. Home
  2. News
  3. EOSE

Eos Energy Enterprises, Inc. - $EOSE STOCK NEWS

Welcome to our dedicated page for Eos Energy Enterprises news (Ticker: $EOSE), a resource for investors and traders seeking the latest updates and insights on Eos Energy Enterprises stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Eos Energy Enterprises's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Eos Energy Enterprises's position in the market.

News
Eos Energy Announces Approval of All Proposals at 2024 Annual Stockholder Meeting
Rhea-AI Summary

Eos Energy Enterprises, Inc. announced the successful approval of all proposals at its 2024 Annual Stockholders' Meeting. Stockholders approved the election of new directors, ratified the selection of an accounting firm, approved executive compensation, and increased authorized shares, highlighting the company's commitment to growth and strategic planning.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
7.67%
Tags
none
-
News
Eos Energy Enterprises Provides Business Update
Rhea-AI Summary
Eos Energy Enterprises, a leading provider of zinc-based energy storage systems, updates progress against its December 2023 Strategic Outlook, releases preliminary first quarter 2024 results, and announces significant achievements in cost reduction, innovation, and performance improvement. The company won the Gold Edison Award for developing high electrically conductive compounds for its Z3 battery module. Eos has successfully reduced costs, increased energy density, and is on track to commission a state-of-the-art manufacturing line in Q2. The company has shipped over 110 Z3 Cubes and discharged approximately 1 GWh of energy in 2024. Eos also closed an agreement to accelerate production tax credit monetization and expects a 5-10% gross margin improvement quarter over quarter. With an ending cash balance of $31.8 million and an orders backlog of $602.7 million, Eos is set to release its first quarter 2024 financial results on May 14, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.57%
Tags
none
-
News
Eos Energy and Pine Gate Renewables Sign Agreement to Expand Existing Relationship
Rhea-AI Summary
Eos Energy Enterprises, Inc. (EOSE) announces an extension of its agreement with Pine Gate Renewables for 500 MWh of energy storage systems over the next five years. The partnership aims to accelerate the transition to longer duration clean energy, leveraging Eos' advanced zinc-based technology.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.5%
Tags
none
News
Eos Energy Enterprises Reports Fourth Quarter & Full Year 2023 Financial Results and Provides 2024 Outlook
Rhea-AI Summary
Eos Energy Enterprises, Inc. (NASDAQ: EOSE) reported strong financial results for Q4 and full year 2023, with revenue growth, improved gross margins, and cost control measures. The company's commercial opportunity pipeline increased significantly, with a positive 2024 outlook and plans for increased manufacturing volume.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
6.93%
Tags
earnings
-
News
Eos Energy Enterprises Announces Dates for Fourth Quarter & Full Year 2023 Financial Results
Rhea-AI Summary
Eos Energy Enterprises, Inc. (NASDAQ: EOSE) announces the release of its fourth quarter and full year 2023 financial results on March 4, 2024. A conference call to discuss the results will be held on March 5 at 8:30 a.m. Eastern Time. Registration for the call is available on the Company's website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.13%
Tags
earnings
-
News
Car Tech, LLC and AltEnergy Acquisition Corp Announce Definitive Business Combination Agreement to List Merged Company on the NASDAQ Capital Market
Rhea-AI Summary
Car Tech, LLC, a U.S. auto-body parts manufacturer, and AltEnergy Acquisition Corp. have entered a definitive business combination agreement to go public on NASDAQ. The merger aims to expand Car Tech's EV battery-related body parts business and manufacturing capacity, capitalizing on the growing electric vehicle market.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
acquisition
News
Eos Energy Enterprises Achieves “Power On” Status of all Motion Systems on its First State-of-the-Art Manufacturing Line and Provides Preliminary Results
Rhea-AI Summary
Eos Energy Enterprises, Inc. achieved 'Power On' status of all motion systems on its first state-of-the-art manufacturing line, expecting a 148% increase in revenue for Q4 2023 compared to Q4 2022. Full year 2023 revenue is projected at $16.4 million with a 30% to 50% gross margin improvement. The Company had a cash balance of $69.5 million and an orders backlog of $534.8 million as of December 31, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-12.57%
Tags
none
-
News
Eos Energy Enterprises Join Forces with SABIC Specialties to Produce a Specialty Light-Weight, Conductive Composite Thermoplastic for Eos Z3TM Battery
Rhea-AI Summary
Eos Energy Enterprises, Inc. (NASDAQ: EOSE) has entered a multiyear supply agreement with SABIC Specialties’ US business unit to supply conductive composite thermoplastic for the Eos Z3 battery module. This agreement supports scaling Eos’s Z3 battery production and reducing battery module cost as part of Project AMAZETURTLE CREEK. The new material developed by SABIC weighs 80% less than prior product generations, allowing streamlined manufacturing, lower cost, and higher performance. This partnership is part of Eos's strategy to move towards profitability outlined in its Dec. 12 Strategic Outlook.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
12.61%
Tags
none
-
News
Eos Energy Enterprises and TETRA Technologies, Inc. Extend Partnership, Expanding Electrolyte Production Capacity
Rhea-AI Summary
Eos Energy Enterprises, Inc. (NASDAQ: EOSE) expands partnership with TETRA Technologies, Inc. (NYSE: TTI) to establish TETRA as the preferred strategic supplier of electrolyte products for Eos's new Eos Z3™ long duration energy storage cube, with TETRA expected to supply a minimum of 75% of the total electrolyte product demand. This partnership aims to achieve growth, reduce cost, and improve overall performance of the battery, with TETRA's investment in expanded bromine production better positioning Eos to achieve necessary scale over the next several years. The agreement supports progress on the Company's path to profitability and includes favorable pricing and cost savings allocation methodologies, with the potential for extending the agreement beyond the initial four-year term.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.81%
Tags
partnership
News
Eos Energy and Partner4Work Collaborate on Green Technology Career Development
Rhea-AI Summary
Eos Energy Enterprises, Inc. (NASDAQ: EOSE) announced a joint commitment with Partner4Work to establish a $500,000 training program to upskill the workforce for Eos’ manufacturing facility in the Mon Valley. The program leverages federal grant awards and aims to enhance existing programs as well as develop new ones to fill gaps in Western Pennsylvania workforce development capabilities.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.65%
Tags
none
Stock EOSE logo
Eos Energy Enterprises, Inc.

Nasdaq:EOSE

EOSE Rankings

#4082 Ranked by Market Cap
#1991 Ranked by Stock Gains
N/A Ranked by Dividends

EOSE Stock Data

130.86M
197.91M
2.47%
55.04%
21.93%
Optical Instrument and Lens Manufacturing
Manufacturing
Link
United States of America
EDISON

About EOSE

powering the dawn of energy storage eos’ mission is to deliver energy storage solutions that make clean, safe, reliable electricity affordable and accessible to all. through innovation in batteries, eos is powering a new dawn of energy storage and a sustainable energy future. eos’ proprietary rechargeable zinc hybrid cathode battery will initially be sold for $160/kwh, and is electrically rechargeable with a life of over 5,000 cycles (15 years) with a full duty cycle and at full depth of discharge.