Solid Power, Inc. Warrant - SLDPW STOCK NEWS

Solid Power, a leader in all-solid-state battery development, announced its participation in the Cowen 15th Annual Global Transportation & Sustainable Mobility Conference from September 7-9, 2022. CEO Doug Campbell will present on September 9 from 10:40 a.m. to 11:10 a.m. ET. Additionally, Campbell and CFO Kevin Paprzycki will engage in small group meetings during the event. A live webcast of the presentation will be accessible through Solid Power's Investor Relations website, with a replay available for 90 days after the event.

Solid Power (Nasdaq: SLDP) reported a strong Q2 2022, with revenue of $2.6 million, totaling $4.8 million for the first half, surpassing 2021 figures. Operating loss stood at $14.7 million, but a non-cash gain from warrant liabilities led to a net income of $13.7 million, or $0.08 per diluted share. The company anticipates 2022 revenue will exceed $5 million and maintains a robust liquidity position of $534.2 million. Key milestones include the completion of their EV cell pilot line and expected delivery of 20 Ah Silicon EV cells during Q3 2022.

Solid Power (Nasdaq: SLDP) will release its second quarter 2022 earnings on August 9, 2022, after the market closes. This announcement is accompanied by a conference call scheduled for 3:00 p.m. MT (5:00 p.m. ET) on the same day. Investors can listen to the call through Solid Power's Investor Relations website or via phone. The all-solid-state battery developer emphasizes the expected safety and stability of its products compared to conventional lithium-ion batteries, which may enhance its position in the electric vehicle market.

Solid Power announced the appointment of MaryAnn Wright to its board of directors, effective July 18, 2022, increasing board members to nine. With over 30 years in the automotive industry, Wright's experience includes high-level positions at Ford and Johnson Controls. She was instrumental in launching the 2005 Ford Escape Hybrid, the first hybrid-electric SUV. Her leadership is expected to augment Solid Power's focus on solid-state battery cell development for electric vehicles, enhancing its competitive edge in the energy storage sector.

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.