And LSED news for the last 2 days of the week …
ESSE gets US$50M loan to ramp up production in USA. https://essinc.com/make-more-in-america-initiative-to-fund-expansion-of-ess-long-duration-energy-storage-manufacturing-capacity/
E-zinc gets US$32M with names like Toyota and Mitsubishi amongst the investors. https://www.e-zinc.ca/pressrelease/e-zinc-secures-usd-31m-in-series-a2-financing-to-advance-commercialization-initiatives/
Invinity provides annual report. Close to breakeven on battery sales, says should be breakeven on orders now. Still GPP19Mpa of Admin expenses tho. https://polaris.brighterir.com/public/invinity/news/rns/story/r7pnqjr
Btw - Ambri went into administration a month ago. LDES is a tough gig even with Bill Gates funding.
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