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Stardust Power (NASDAQ: SDST) has been selected as an industrial partner in a U.S. Department of Energy-funded research program led by Ohio University and CONSOL Innovations.
The project will develop electrochemical technology to extract lithium from domestic waste streams, with Stardust Power evaluating lithium samples and supporting potential commercialization pathways.
Stardust Power (Nasdaq: SDST) reported Q1 2026 results and progress on its Muskogee, Oklahoma lithium refinery.
Cash was $1.2 million vs. $3.5 million at year-end 2025; net loss was $5.2 million vs. $3.8 million a year earlier. The company secured a key air quality construction permit for Muskogee and reported lower operating and investing cash outflows year over year. An at-the-market equity program of up to $5 million was established.
Stardust Power (NASDAQ: SDST) will release Q1 2026 financial results after market close on Thursday, May 14, 2026. A conference call hosted by CEO Roshan Pujari and CFO Uday Devasper is scheduled for 5:30 PM ET that day.
Participants must register to receive dial-in details and a unique PIN via the provided registration link and can also listen via a live audio webcast. Attendees are advised to log in at least 15 minutes early for instructions.
Stardust Power (NASDAQ: SDST) entered a non-binding Letter of Intent with an institutional investor indicating intent to invest up to $150 million at the project level to support its planned lithium refinery in Muskogee, Oklahoma.
The refinery is designed for 50,000 metric tons per annum battery-grade lithium carbonate in two 25,000 tpa phases; the company completed an FEL-3 engineering study and secured an air permit enabling construction and commissioning once financing is in place.
Stardust Power (NASDAQ: SDST) entered a non-binding Letter of Intent to secure up to 15,000 metric tons per annum LCE as lithium chloride from a U.S. brine project to supply its Muskogee, Oklahoma refinery. Initial deliveries are contemplated beginning in the first half of 2028.
The company completed its FEL-3 engineering study and received an air quality construction permit for the Muskogee refinery, which benefits from Port of Muskogee Free Trade Zone access and multimodal transport links.
Stardust Power (NASDAQ: SDST) joined the Lithium Regional Innovation Cluster (LRIC) on April 1, 2026, formalizing participation via a memorandum of understanding. The company said it will contribute midstream refining expertise and engage with peers to support innovation, supply chain resilience, and U.S. lithium capacity growth.
The collaboration aligns with Stardust Power's strategy as it prepares its Muskogee, Oklahoma refinery toward construction and seeks to reduce reliance on foreign supply chains.
Stardust Power (Nasdaq: SDST) reported preliminary 2025 results and Muskogee refinery progress. Phase I is designed for up to 25,000 tpy lithium carbonate (part of a planned 50,000 tpy platform) with estimated Phase I CapEx ~$500 million. The company completed FEL-3 engineering, received an air quality construction permit, secured feedstock arrangements for up to 13,500 tpy LCE, raised equity and debt financing, and held $3.5M cash at year-end. Net loss was $15.7M in 2025 versus $23.8M in 2024.
Stardust Power (NASDAQ: SDST) will release its year end 2025 financial results after market close on Tuesday, March 17, 2026.
Founder & CEO Roshan Pujari and CFO Uday Devasper will host a conference call at 5:30 PM ET on Wednesday, March 25, 2026. Participants must register to receive dial-in details and a unique PIN; a live audio webcast will also be available.
Stardust Power (NASDAQ: SDST) joined the Cornerstone Consortium on Feb. 24, 2026, a DoD-aligned collaborative to strengthen U.S. critical minerals and industrial base resilience.
The company says membership supports acceleration of domestic lithium refining, aligns with federal incentives, and complements progress toward the Muskogee refinery construction and commissioning.
Stardust Power (NASDAQ: SDST) secured an Equity Facility to raise up to $10.0 million in common equity over 36 months with B. Riley Principal Capital II, LLC. The company may sell shares at its discretion to fund pre-construction, construction, working capital and general corporate purposes.
The facility includes ownership limits, Nasdaq compliance thresholds, pricing protections and does not preclude other financing options. A Form S-1 registration (File No. 333-293405) was declared effective February 17, 2026 to permit resale of purchased securities.