Aqua Metals to acquire Lion Energy

Core Viewpoint - Aqua Metals is acquiring Lion Energy to enhance its capabilities in the energy storage market and manage the entire battery lifecycle [1][2][3] Group 1: Acquisition Details - Aqua Metals has entered into a term sheet to acquire Lion Energy LLC, an energy storage systems provider [1] - The acquisition aims to leverage Lion Energy's brand, intellectual property, capital, technical talent, and manufacturing capabilities [2] Group 2: Strategic Intent - The transaction is expected to add significant revenue to Aqua Metals while expanding its participation in the growing energy storage market [3] - The CEO of Aqua Metals emphasized that energy storage is a natural extension of their battery materials strategy, aiming for a vertically integrated US-based battery supply chain [4] Group 3: Market Impact - Following the announcement, Aqua Metals' stock decreased by 6.9%, with a market capitalization of $12.8 million [4]