MBAK Energy Solutions, Inc. announces 2026 guidance showing explosive growth under new OTC Ticker - OTC:MBAK

Core Insights - MBAK Energy Solutions, Inc. has secured production orders for 2026 totaling 65 million USD, marking a record-breaking sales turnover [1] - The company has expanded its original contract for 100 MWh to 350 MWh for an Indian power grid, alongside manufacturing battery cells for the data center market [1] - The contracts support India's efforts to enhance its energy production capacity through renewable energy sources [1] - There is increasing demand for MBAK's battery cells in the electric two-wheeler market across Europe, India, and Africa due to their reliability and energy density [2] Company Overview - MBAK Energy Solutions, Inc. specializes in the development, manufacturing, and commercialization of non-fossil fuel energy products, including lithium, sodium, and solid-state batteries [3] - The company's products cater to various applications, including industrial, medical, portable electronics, and electric vehicles [3] Market Demand - The company is experiencing steady inquiries from Southeast Asian nations and the USA, indicating a growing interest in its products [1] - Further updates on pending projects and purchase orders are expected to be released soon [2]