Welcome to our dedicated page for Solid Pwr news (Ticker: SLDP), a resource for investors and traders seeking the latest updates and insights on Solid Pwr stock.
Solid Power, Inc. (NASDAQ: SLDP) is a U.S.-based developer of solid-state battery technology whose news flow centers on technology milestones, partnerships, and financial updates. The company focuses on an electrolyte material that replaces the liquid or gel electrolyte in traditional lithium-ion cells and aims to supply this material and license related cell designs and manufacturing processes for EV and other markets.
News about Solid Power often highlights operational and financial results, including quarterly and full-year earnings releases that discuss revenue and grant income, operating expenses, liquidity, and cash investment in research, development, and capital projects. These releases also outline the company’s objectives and outlook for upcoming periods.
A significant portion of SLDP news covers strategic collaborations with industry partners. Solid Power has reported multi-year agreements and joint development activities with SK On, BMW, and Ford, as well as a Joint Evaluation Agreement with Samsung SDI and BMW. Updates include milestones such as factory and site acceptance testing for an SK On pilot cell line and the introduction of a BMW i7 test vehicle powered by Solid Power’s cells and solid-state battery technology.
Investors following SLDP can also expect coverage of technology development, such as progress on the continuous electrolyte production pilot line, commissioning of the electrolyte innovation center, and electrolyte sampling to customers. Regulatory filings and announcements related to executive compensation plans, investor presentations, and risk disclosures appear in the news stream as well.
For those tracking Solid Power stock, this news page brings together company-issued press releases and related disclosures so readers can review the latest information on partnerships, technology progress, and financial performance in one place.
Solid Power (Nasdaq: SLDP), a developer of solid-state battery technology, has scheduled its first quarter 2025 earnings release and conference call. The company will announce Q1 2025 results after market close on Tuesday, May 6, 2025, followed by a conference call at 2:30 p.m. MT (4:30 p.m. ET). Investors can access the live audio webcast through Solid Power's Investor Relations website, with an audio replay available afterward.
Solid Power (SLDP) reported its full year 2024 results, achieving $20.1 million in revenue, up $2.7 million from 2023. The company reported an operating loss of $105.3 million and net loss of $96.5 million ($0.54 per share).
Key developments include successful progression of partnerships with SK On, BMW, and Ford, increased electrolyte sampling, and commissioning of a new electrolyte innovation center. The company secured a DOE award of up to $50 million for solid electrolyte production.
Operating expenses increased to $125.5 million in 2024 from $108.0 million in 2023. Total liquidity stands at $327.5 million as of December 31, 2024. For 2025, Solid Power projects cash investment of $100-120 million, excluding potential DOE grant benefits.
Solid Power (Nasdaq: SLDP), a developer of solid-state battery technology, has scheduled its full year 2024 earnings release for Thursday, February 27, 2025, after market close. The company will host a conference call at 2:30 p.m. MT (4:30 p.m. ET) on the same day. Investors can access the live audio webcast through Solid Power's Investor Relations website, where an audio replay will also be available.
Solid Power (Nasdaq: SLDP), a leading developer of solid-state battery technology, has announced its participation in the upcoming Needham Growth Conference. The event will take place on January 14, 2025, at 3:45 PM Eastern Time in New York, NY. Investors and interested parties can access a webcast of the presentation through Solid Power's investor relations website, with a replay available for a time after the conference.
Solid Power (Nasdaq: SLDP) reported its Q3 2024 results on November 7, 2024. The company was selected by the U.S. Department of Energy for a potential $50 million award to enhance sulfide-based solid electrolyte materials. Development activities have commenced in the Electrolyte Innovation Center (EIC). The company achieved all 2024 milestones under the SK On agreements and extended its joint development agreement with BMW.
Financially, Solid Power reported Q3 2024 revenue of $4.7 million, down $1.7 million YoY, primarily due to the timing of BMW JDA milestones. Year-to-date revenue was $15.7 million, up $0.6 million YoY. Operating expenses increased due to higher production and development costs. Q3 operating loss was $27.6 million, with a net loss of $22.4 million ($0.13 per share). Liquidity stood at $348.1 million as of September 30, 2024.
The company expects 2024 revenue to range between $16 million and $20 million, with total cash investment between $100 million and $120 million.
Solid Power (Nasdaq: SLDP), a leading developer of solid-state battery technology, has announced the timing for its third quarter 2024 earnings release and conference call. The company will release its Q3 2024 results after market close on Thursday, November 7, 2024. This will be followed by a conference call at 2:30 p.m. MT (4:30 p.m. ET) on the same day.
Investors and interested parties can access the call through a live audio webcast on Solid Power's Investor Relations website at www.solidpowerbattery.com/investor-relations. For those unable to attend the live call, an audio replay will be made available at the same location.
Solid Power (Nasdaq: SLDP) has been selected by the U.S. Department of Energy for up to $50 million in federal funding negotiations. The company plans to use this funding to install the first globally known continuous manufacturing process of sulfide-based solid electrolyte materials for advanced all-solid-state batteries (ASSBs) at its Thornton, CO facility.
The expansion aims to support Solid Power's technology roadmap and meet anticipated customer demand as they transition to ASSB technology. The company plans to increase its annual electrolyte production capacity from 30 metric tons to 75 metric tons in 2026 and 140 metric tons in 2028. This continuous manufacturing process is expected to significantly lower production costs.
The project is anticipated to create up to 40 full-time manufacturing jobs and up to 100 union construction positions. Solid Power does not expect the DOE funding to materially impact its financial outlook for the current fiscal year.
Solid Power (Nasdaq: SLDP), a developer of solid-state battery technology, reported its Q2 2024 financial results. The company generated $5.1M in revenue, up $0.2M YoY, and $11.0M for H1 2024, up by $2.3M. However, the operating loss was $26.9M, and net loss was $22.3M, or $0.13 per share. For H1 2024, the operating loss was $52.7M, and net loss was $43.5M, or $0.24 per share. Solid Power's liquidity remains strong at $358.8M as of June 30, 2024. The company highlighted progress in electrolyte sampling, A-2 cell design advancements, and meeting R&D milestones. Despite positive developments, management has revised 2024 revenue expectations to $16M-$20M due to slower revenue recognition from SK On agreements and delays in electrolyte sales.
Solid Power (Nasdaq: SLDP), a leading developer of solid-state battery technology, has announced its participation in the J.P. Morgan 2024 Auto Conference. The event is scheduled for August 8, 2024, at 10:15 AM Eastern Time in New York, NY.
Investors and interested parties can access a live webcast of the conference through Solid Power's investor relations website. A replay of the event will be available for a time following the conference, providing an opportunity for those unable to attend live to catch up on the company's presentation and insights.
This participation underscores Solid Power's commitment to engaging with investors and showcasing its advancements in solid-state battery technology, which is important for the future of electric vehicles and energy storage solutions.
Solid Power (Nasdaq: SLDP), a solid-state battery technology developer, has announced the timing for its second quarter 2024 earnings release and conference call. The company will release its Q2 2024 results after market close on Tuesday, August 6, 2024, followed by a conference call at 2:30 p.m. MT (4:30 p.m. ET) on the same day.
Investors can access the live webcast through Solid Power's Investor Relations website or join the call by phone. A recording will be available approximately three hours after the call, accessible via the website or by phone until August 20, 2024.