Solidion Technology, Inc. (Nasdaq: STI) is an advanced battery technology solutions provider focused on battery materials, next-generation cells, and energy storage systems. The Solidion news feed on this page aggregates company press releases and other coverage so readers can follow how its technology, projects, and capital markets developments evolve over time.
Recent company announcements highlight several themes. Solidion has reported grants from the U.S. Department of Energy and ARPA-E to advance Electrochemical Manufacturing of High-Performance Graphite based on biomass-derived carbon and to scale up carbon-nanosphere additives for molten-salt nuclear reactor heat transfer fluids, in collaboration with Oak Ridge National Laboratory. The company has also publicized a 2025 R&D 100 Award for its Electrochemical Graphitization in Molten Salts (E-GRIMS) technology.
Product- and application-focused news includes updates on silicon-rich high-capacity anode materials for lithium-ion batteries, a high-performance pouch cell under commercialization for industrial and military drones, and the PEAK Series UPS system tailored for AI data centers using Solidion’s proprietary 5500 battery cell. Corporate and capital markets items appear as well, such as non-dilutive bridge financing from an existing shareholder, restructuring of prior warrant-based financing, and communications about regaining Nasdaq compliance.
Investors, analysts, and industry observers can use this page to review Solidion’s latest disclosures across technology development, partnerships, grants, product introductions, governance changes, and financing activities. Bookmark this news section to quickly access new Solidion Technology, Inc. (STI) updates as they are released.
Solidion Technology (NASDAQ: STI) will not increase its all-cash proposal after Polar Power’s board rejected the proposed asset acquisition. The proposal concerns substantially all of Polar Power’s assets, not a completed transaction.
The proposed acquisition is non-binding; an obligation to proceed would require a fully executed written acquisition agreement. Any transaction would be subject to due diligence, financing considerations and required approvals. Solidion intends to continue evaluating acquisition targets and making offers based on its financial modeling.
Solidion Technology (NASDAQ: STI) reaffirmed its acquisition proposal for Flux Power after Flux Power's board rejected the previously announced bid.
Solidion considers the proposal best and final and said it has no intention of increasing its offer at this time. The company plans to pursue other acquisition prospects in parallel with Flux Power.
The proposal is not legally binding. A binding obligation to proceed would require a fully executed definitive written acquisition agreement. Any proposed transaction would depend on due diligence, financing considerations, required approvals and applicable legal and regulatory requirements.
Flux Power (FLUX) unanimously rejected Solidion Technology’s unsolicited, non-binding acquisition proposal following a board review conducted with legal advisors. The board concluded that the proposal substantially undervalues Flux Power and is not in shareholders’ best interests.
Fiscal fourth-quarter 2026 operating expenses fell 33% compared with fiscal fourth-quarter 2025. Flux Power also lowered product costs, improved operating efficiencies and achieved certification with a new OEM, expanding its addressable electric material-handling market. It is pursuing white-label solutions through new OEMs and dealership networks. The board is evaluating potential financing paths and strategic partnerships to support execution of its operating strategy.
Solidion Technology (NASDAQ: STI) announced its intent to pursue an acquisition of Flux Power Holdings and issued an open letter to shareholders. The potential business combination involves Flux Power (NASDAQ: FLUX), but the letter is not a legally binding offer, commitment or obligation by either party.
A binding obligation to proceed would require a fully executed definitive written acquisition agreement. Any proposed transaction would be subject to due diligence, financing considerations, required approvals and applicable legal and regulatory requirements. There is no assurance that an agreement will be signed or that a transaction will begin or close. Solidion expects to file applicable materials with the U.S. Securities and Exchange Commission if and when a transaction begins.
Solidion Technology (STI) announced its intent to pursue an all-cash acquisition of Flux Power Holdings (FLUX) through a non-binding proposal. No definitive acquisition agreement has been executed, and neither party has a legally binding obligation to proceed.
Solidion believes Flux's established customers, products, manufacturing capabilities and market access would support its strategy of turning technology and intellectual property into revenue and commercial scale. Solidion reported approximately $27.7 million in cash and cash equivalents as of June 30, 2026.
Following a transaction, Solidion would seek a leaner operating structure, including evaluating consolidation of selling, general and administrative expenses and public-company costs. A proposed transaction remains subject to due diligence, financing considerations and required approvals.
Solidion Technology (STI) reported insider share purchases on Sept. 21, 2026 by its Chairman and CEO, CFO, and a board member.
Chairman and CEO Jaymes Winters bought 984 shares at $7.11 per share, increasing his holdings to 4,709 shares, or 0.05% of issued share capital. CFO Vlad Prantsevich purchased 1,030 shares at $7.13 per share, bringing his stake to 3,455 shares, or 0.04% of issued share capital. Board member Karin-Joyce Tjon acquired 5,000 shares at $7.20 per share, raising her holdings to 17,853 shares, or 0.20% of issued share capital.
Solidion Technology (STI) has appointed Chief Executive Officer Jaymes Winters as Chairman of the Board, effective September 16, 2026, combining the roles of Chairman and CEO.
The Board expects this structure to better align strategic direction, governance and business operations, while maintaining independent oversight through the appointment of director Mark N. Schwartz as Lead Independent Director, also effective September 16, 2026. Winters brings over 15 years of CEO experience across oil and gas, telecommunications and retail, including leading Nubia Brand International Corp and growing United Energy to nearly $100 million in revenue, and has extensive mergers and acquisitions expertise. Schwartz has more than 36 years of executive and board experience, co-founded Bodega Latina Corporation and has served on multiple public and private boards, including Starbucks. Former Chairman Dr. Bor Jang remains on the Board. Solidion develops advanced battery materials and next-generation batteries and holds over 385 patents.
Solidion Technology (STI) announced that its board has authorized a stock buyback program of up to $1.0 million of common stock, effective September 13, 2026.
The program will remain in effect until the earlier of full use of the authorized amount, March 14, 2028, or termination by the board. Solidion states that the authorization reflects confidence in its long-term strategy and gives added flexibility in capital allocation, with buybacks viewed as a potentially attractive use of capital to enhance long-term shareholder value. Repurchases are expected to be made in the open market in compliance with federal securities laws, Nasdaq requirements, and applicable state law.
Solidion Technology (Nasdaq: STI) appointed three new independent directors – Kimi L. Ellen, Mark N. Schwartz, and Dante W. Robinson – to its Board of Directors effective August 31, 2026. The Board determined all three meet Nasdaq and SEC independence standards and qualify as audit committee financial experts in their respective roles.
According to Solidion, the additions enhance the Board’s financial, audit, and governance capabilities as it advances its battery commercialization strategy. Following the changes, the seven‑member Board has a majority of independent directors, and committee chair roles were updated for the Compensation, Audit, and Nominating & Governance Committees.
Solidion Technology (Nasdaq: STI) reported Q2 2026 results highlighted by a major balance sheet improvement driven by a $35 million private placement completed June 9, 2026. The deal, with a new institutional investor, involved 750,000 common shares and pre-funded warrants for 1,583,000 shares, priced above market under Nasdaq rules.
According to Solidion, cash and cash equivalents rose to $27.7 million at June 30, 2026 from $0.2 million at December 31, 2025, alleviating previously disclosed substantial doubt about its ability to continue as a going concern. The company restructured its August 2024 equity financing, eliminating all Series C and D pre-funded warrants and the related derivative liability as long-term holders converted into common stock under lock-up.
Q2 2026 net sales increased to $124,914 from $4,000 a year earlier, mainly from government grants and silicon anode product revenue. Operating expenses fell to $1.49 million from $1.79 million, while net loss widened to $2.89 million versus $2.11 million, driven by higher other expense including a $0.92 million non-cash derivative loss and a $0.55 million write-off of deferred offering costs.