Core Viewpoint - Eos Energy Enterprises, Inc. is expanding its manufacturing capabilities to meet the increasing demand for renewable energy storage solutions, focusing on American-made technology and energy independence [1][2][8]. Company Strategy - The company is searching for a new manufacturing facility, referred to as Factory 2 Works, in addition to expanding the Mon Valley Works under Project AMAZE [1][8]. - This expansion aims to enhance Eos's global competitiveness, create long-term job opportunities, and position the company as a leader in American-made energy storage [2][9]. Market Demand - There is an unprecedented surge in demand for energy storage solutions, particularly for long-duration energy storage systems that stabilize the grid and support renewable energy sources like wind and solar [2][8]. - Eos has secured 616 MWh in new customer orders and announced a partnership with FlexGen to address a preliminary 50 GWh market opportunity [10]. Technological Advantage - Eos's zinc-based technology provides a safe, secure, and cost-effective solution for energy storage challenges, designed for utility-scale, commercial, and industrial applications [2][11]. - The company's Znyth™ aqueous zinc battery is positioned as a reliable alternative to conventional lithium-ion technology, offering long-duration storage capabilities [11]. Economic Impact - The new facility is expected to generate hundreds of new jobs and contribute to local economic development while strengthening the nation's energy security and independence [9].

TURTLE CREEK, Pa., Dec. 19, 2024 (GLOBE NEWSWIRE) -- Eos Energy Enterprises, Inc. (NASDAQ:EOSE) ("Eos" or the "Company"), America's leading innovator in the design, sourcing, and manufacturing of zinc-based long duration energy storage (LDES) systems, manufactured in the United States, today announced that it has received the first loan advance from the Department of Energy's (DOE) Loan Programs Office in the amount of $68.3 million. The loan advance, which covers 80% of eligible costs incurred to date on t ...

Eos and FlexGen to jointly expand and develop robust pipeline opportunity of over 50 GWh Companies targeting a fully integrated made in America energy storage solution that combines Eos' Z3™ batteries with FlexGen's HyrbidOS™ EMS system EDISON, N.J. and DURHAM, N.C., Dec. 19, 2024 (GLOBE NEWSWIRE) -- Eos Energy Enterprises, Inc. (NASDAQ:EOSE) ("Eos" or the "Company"), America's leading innovator in the design, sourcing, and manufacturing of zinc-based long duration energy storage (LDES) systems, manufactur ...

EDISON, N.J., Dec. 18, 2024 (GLOBE NEWSWIRE) -- Eos Energy Enterprises, Inc. (NASDAQ:EOSE) ("Eos" or the "Company"), America's leading innovator in the design, sourcing, and manufacturing of zinc-based long duration energy storage (LDES) systems, manufactured in the United States, today announced a 400 MWh standalone storage order with International Electric Power ("IEP"). This marks the second agreement and third project with IEP, a leading developer in the energy space deploying multiple technologies, and ...

EDISON, N.J., Dec. 17, 2024 (GLOBE NEWSWIRE) -- Eos Energy Enterprises, Inc. (NASDAQ:EOSE) ("Eos" or the "Company"), America's leading innovator in the design, sourcing, and manufacturing of zinc-based long duration energy storage (LDES) systems, manufactured in the United States, today announced that David Urban, renowned political strategist and prominent Republican advisor from Western Pennsylvania, has been appointed to the Eos Board of Directors, effective December 16, 2024. Urban's deep expertise in g ...

EDISON, N.J., Dec. 02, 2024 (GLOBE NEWSWIRE) -- Eos Energy Enterprises, Inc. (NASDAQ: EOSE) (“Eos” or the “Company”), a leading provider of safe, scalable, efficient, and sustainable zinc-based long duration energy storage systems, today announced that Francis Richey, former Senior Vice President of Eos Research & Development, has been appointed Chief Technology Officer. Richey, who has been with Eos since 2015, brings a wealth of experience in electrochemical engineering and battery product development. Hi ...

EDISON, N.J., Nov. 26, 2024 (GLOBE NEWSWIRE) -- Eos Energy Enterprises, Inc. (NASDAQ: EOSE) ("Eos" or the “Company”), a leading provider of safe, scalable, efficient, and sustainable zinc-based long duration energy storage systems, today announced it has signed a Memorandum of Understanding (MOU) with Wabash (NYSE: WNC), a world-class provider of advanced engineering and operational solutions for the transportation, logistics, and distribution industries. The proposed partnership would accelerate Eos’ abili ...

I am mostly a trader engaging in both long and short bets intraday and occasionally over the short- to medium term. My historical focus has been mostly on tech stocks but over the past couple of years I have also started broad coverage of the offshore drilling and supply industry as well as the shipping industry in general (tankers, containers, drybulk). In addition, I am having a close eye on the still nascent fuel cell industry.I am located in Germany and have worked quite some time as an auditor for Pric ...

Eos Energy Enterprises, Inc. (NASDAQ:EOSE) Q3 2024 Earnings Conference Call November 6, 2024 8:30 AM ET Company Participants Liz Higley - Director, Investor Relations Joe Mastrangelo - Chief Executive Officer Nathan Kroeker - Chief Financial Officer Conference Call Participants Thomas Boyes - TD Cowan Martin Malloy - Johnson Rice & Company Stephen Gengaro - Stifel Financial Corp. Joseph Osha - Guggenheim Securities Chip Moore - ROTH Capital Partners Operator Good morning and welcome to the EOS Energy Enterp ...

Eos Energy Enterprises, Inc. (EOSE) came out with a quarterly loss of $0.44 per share versus the Zacks Consensus Estimate of a loss of $0.16. This compares to loss of $0.05 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -175%. A quarter ago, it was expected that this company would post a loss of $0.19 per share when it actually produced a loss of $0.30, delivering a surprise of -57.89%.Over the last four quarters, the company ...