Welcome to our dedicated page for FREYR Battery news (Ticker: $FREY), a resource for investors and traders seeking the latest updates and insights on FREYR Battery stock.
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FREYR Battery (NYSE: FREY) announces the release of its first quarter 2024 earnings results and conference call schedule on May 8, 2024. The press release will be issued at 6:00 am U.S. Daylight Time, followed by a conference call at 8:30 am Eastern Daylight Time.
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FREYR Battery appoints Todd Kantor, Tore Ivar Slettemoen, and David Manners to the Board of Directors, aiming to strengthen the company's growth and capital formation initiatives. The new members bring decades of relevant experience in the energy sector, institutional investing, public affairs, and government service.
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FREYR Battery, Inc. (NYSE: FREY) reported financial results for Q4 and full year 2023, highlighting successful trials at the Customer Qualification Plant, progress towards DOE Title 17 application, and the launch of FREYR 2.0 growth initiative.
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FREYR Battery (NYSE: FREY) has reached a major milestone by successfully conducting automated casting trials of electrodes with active electrolyte slurry at the Customer Qualification Plant in Norway. The company expects to make functional battery cells for customer samples using full automation of CQP in H1 2024. FREYR also expects to submit Part 2 of its Title 17 application to U.S. Department of Energy Loan Programs Office in Q1 2024. The year-end 2023 cash and equivalents balance of $275.7 million exceeds previous guidance of $250 million.
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10.71%
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FREYR Battery (NYSE: FREY) will release its fourth quarter and full-year 2023 results and host a conference call on February 29, 2024. The press release will be issued at 6:00 am U.S. Eastern Standard Time, with the conference call scheduled for 8:30 am EST. Access to the call will be provided through various dial-in numbers and a webcast link.
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FREYR Battery, Inc. (NYSE: FREY) completed its redomiciliation from Luxembourg to the United States, with trading of the FREYR Common Stock and Warrants commencing under the same symbols on the New York Stock Exchange. The move aims to enhance shareholder value over the long-term by simplifying corporate structure, streamlining reporting requirements, improving operational efficiencies, and positioning the company to better respond to global tax developments and U.S. incentive programs for battery manufacturers.
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FREYR Battery (NYSE: FREY) has received an invitation from the U.S. Department of Energy to submit the Part II loan application under the DOE Title 17 program for FREYR’s Giga America project. This is a crucial step in the company's capital formation strategy to fund the construction of the Giga America project. FREYR is also engaging with potential investors for project-level equity financing. The company's redomiciliation to the U.S. has been approved by shareholders, positioning FREYR as the U.S.-based industrialization partner for clean battery technology solutions.
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FREYR Battery (NYSE: FREY) announced the approval of all proposals at its Extraordinary General Meeting, paving the way for the company to redomicile from Luxembourg to the United States by year end 2023. The move is expected to enhance shareholder value and provide potential strategic opportunities and benefits. FREYR aims to become the first U.S. based scaling partner of choice for battery technology solutions, with Giga America under initial development in Coweta County, Georgia.
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FREYR Battery (NYSE: FREY) has achieved an important interim milestone by successfully conducting automated cathode casting trials at the Customer Qualification Plant in Mo i Rana, Norway. The company's teams have conducted successful cathode casting runs at fixed nozzle distances of 0.5 mm and 1.0 mm, respectively, and at speeds of 2 meters per minute while using 100 psi of casting pressure. FREYR's top priority is to finalize commissioning at the CQP and to begin automated production of in-spec, customer-testable batteries.
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FREYR Battery (FREY) announces organizational optimizations, including leadership changes to align resources with business priorities. Dr. Andreas Bentzen promoted to Chief Technology Officer, Ryuta Kawaguchi to Chief Strategy Officer & Technical Fellow, and Mike Brose to lead activities in Mo i Rana. Amy Jaick promoted to Head of Global Communications, and Jan Dahm-Simonsen to lead global human resources. The new structure aims to position FREYR as a U.S. based technology leader in the battery solutions industry, focusing on technology development and GWh production.
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FREYR Battery, Inc.
NYSE:FREY
FREY Rankings
FREY Stock Data
248.68M
105.57M
15.88%
36.73%
5.47%
Electrical Equipment & Parts
Industrials
United States of America
NEWNAN
About FREY
freyr is a norwegian incorporated company developing a combined 32+2 gwh lithium ion battery facility and 600 mw onshore wind-park in rana and nesna municipalities in norway. the company’s products will target the rapidly expanding ev market in europe and develop additional markets in the marine, stationary storage, short-haul aviation and offshore segments through cluster-based r&d initiatives with leading norwegian and european institutions and companies.