Solid Pwr Inc Stock Price, News & Analysis

Solid Power (Nasdaq: SLDP) has installed its pilot production line for EV-scale sulfide-based all-solid-state battery cells, aiming for delivery of Silicon EV cells to automotive partners BMW and Ford by year-end 2022. The production line is designed to mimic traditional lithium-ion manufacturing processes and is expected to produce up to 300 cells per week, totaling around 15,000 cells annually for automotive qualification testing. Solid Power's innovative cells feature over 50% active silicon in the anode, promising improved energy density and longer driving ranges for electric vehicles.

Solid Power, a leading developer of all-solid-state battery cells for electric vehicles, will participate in the Citi Lithium and Battery Virtual Day investor conference on May 26, 2022. CEO Doug Campbell will present from 1:15 PM to 1:50 PM ET, alongside CFO Kevin Paprzycki in small group meetings. A live webcast of the presentation will be available on Solid Power's Investor Relations site. A replay will be accessible for 90 days post-event. Solid Power's technology promises safer, more efficient batteries, enhancing energy density and compatibility with existing lithium-ion manufacturing processes.

Solid Power, Inc. (Nasdaq: SLDP) reported first-quarter 2022 revenue of $2.2 million, up from $0.5 million in Q1 2021. The net loss increased to $10.3 million compared to $7.2 million in the previous year. Key updates include nearing completion of the EV cell pilot line and ongoing construction of the electrolyte production facility. The company maintains its 2022 revenue outlook of $3.0 million to $5.0 million and anticipates total cash investments between $150 million and $170 million.

Solid Power, Inc. (Nasdaq: SLDP) announced it will release its first quarter 2022 results on May 10, 2022, after market close. This will be followed by a conference call at 3:00 p.m. MT (5:00 p.m. ET) on the same day, available via webcast on the company’s Investor Relations website. Solid Power specializes in all-solid-state battery cells for electric vehicles, replacing conventional liquid electrolytes with a proprietary solid electrolyte that enhances safety and energy density.

Solid Power (Nasdaq: SLDP) announced its 2021 financial results, reporting revenue of $2.7 million and an operating loss of $26.5 million, driven by $17.1 million in R&D expenses. The company completed a business combination in December 2021, securing $495 million for product development. Key milestones achieved include starting production of silicon anode cells and partnerships with SK Innovation for scalable cell production. Looking ahead, Solid Power expects 2022 revenue between $3.0 million and $5.0 million and plans significant capital expenditure of $85 million to $95 million.

Solid Power, Inc. (Nasdaq: SLDP) will release its full year 2021 financial results on March 22, 2022, after market close. A conference call will follow at 3:00 p.m. MT (5:00 p.m. ET). The call can be accessed via a webcast on Solid Power's Investor Relations website or by phone at +1-877-407-0792 (domestic) and +1-201-689-8263 (international). A recording will be available three hours post-call until April 5, 2022. Solid Power specializes in all-solid-state battery cells, enhancing safety and energy density for electric vehicles.

Solid Power, a leading developer of all-solid-state battery cells for electric vehicles, will present at the Wolfe Research Virtual Global Auto, Auto Tech, and Mobility Conference on February 23, 2022, from 11:35 AM to 12:20 PM ET. CEO Doug Campbell and CFO Kevin Paprzycki will also engage in small group meetings during the event. A live webcast of the presentation will be available, with a replay accessible for 90 days on the Investor Relations page. Solid Power focuses on enhancing battery safety, energy density, and compatibility with existing manufacturing processes.

Solid Power, Inc. (SLDP), a developer of all-solid-state battery cells for electric vehicles, has appointed Aleksandra Miziolek to its board of directors effective February 10, 2022. With over 35 years of experience in the automotive industry, Miziolek previously served as the Senior Vice President and Chief Transformation Officer at Cooper-Standard Holdings. Her expertise in strategic growth and executive leadership is expected to strengthen Solid Power's board, which now consists of nine members. Her role includes serving on the compensation committee and the nominating and corporate governance committee.

Solid Power, an all-solid-state battery developer for electric vehicles, has appointed Lesa Roe to its board, effective January 17, 2022, increasing board membership to eight. Roe brings over 35 years of leadership experience, including managing a $1.3 billion budget as CEO of the University of North Texas System and overseeing a $19.6 billion budget at NASA. Solid Power anticipates Roe's expertise will bolster their strategy as they gear up for full-scale production of innovative battery technology.