Solid Power A

Solid Power reported Q2 2026 EPS of -$0.11 versus an expected -$0.12 and remained unprofitable. Revenue fell to -$300,000 due to a non‑cash cancellation, while cash and equivalents of $419.3 million and no debt were highlighted as strengths. Management confirmed the continuous electrolyte pilot plant is expected to be operational in Q4 2026 and initial production to begin in Q1 2027. Collaboration with partners such as Samsung SDI, BMW and SK On, as well as talks about a joint venture in South Korea, are ongoing. » More on de.investing.com

Solid Power has appointed Uwe Breitweg, vice president for powertrain, emissions and battery strategy at BMW Group, to its board of directors with immediate effect; he replaces Dr. Feurer. The appointment was made under the nomination rights of BMW Holding B.V. and is intended to bolster Solid Power’s progress on solid-state batteries and its collaboration with automotive and cell-manufacturing partners. Solid Power sells electrolyte material and licenses cell designs and manufacturing processes; with a market capitalization of US$584 million it remains unprofitable but, according to InvestingPro, has more cash than debt. » More on de.investing.com

Solid Power’s stock dropped about 6.6% after announcing a registered direct placement expected to raise roughly $130 million gross. The offering includes 17 million common shares, pre-funded warrants for 5.8 million shares and regular warrants for up to 45.6 million shares, priced at $5.70 and $5.699 per pre-funded warrant; the regular warrants are exercisable at $7.25 and expire in seven years. Solid Power said it will use the proceeds for working capital and solid-state battery development; as of Dec. 31, 2025, cash stood at about $336.5 million and outstanding common shares at roughly 201.2 million. The transaction is expected to close on Jan. 29, 2026, subject to customary conditions. » More on de.investing.com