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Eos Energy Enterprises Delivers Highest Company Quarterly Revenue, Doubling Second Quarter 2025, and Reports Third Quarter 2025 Financial Results
Globenewswire· 2025-11-05 21:05
Reaffirms full year revenue guidance in the range of $150 to $160 million consistent with the low end of the Company’s forecasted range$30.5 million revenue, highest in Company history, double prior quarter and nearly double full year 2024Secured strategic 228 MWh order with Frontier Power to deploy Eos Z3™ energy storage systems across Frontier’s expanding grid-reliability and energy storage portfolioSigned a 750 MWh master supply agreement with MN8 Energy, one of the largest independent renewable operator ...
Eos Energy Secures Strategic 228 MWh Order from Frontier Power Under Existing 5 GWh Framework Agreement & Achieves Final Cerberus Milestone
Globenewswire· 2025-10-31 13:10
Core Insights - Eos Energy Enterprises and Frontier Power Ltd. have announced a strategic order for 228 MWh of Eos Z3™ energy storage systems, marking a significant milestone in their partnership aimed at enhancing grid reliability through long-duration energy storage solutions [1][2][3] Partnership and Order Details - The 228 MWh order is the first to be executed under a previously established 5 GWh framework agreement, indicating a strong commitment to scaling alternative energy storage solutions [2] - This partnership is focused on deploying long-duration energy storage systems to support grid reliability across various markets, showcasing the readiness of Eos' technology for large-scale applications [2][3] Technology and Market Demand - Eos' Z3™ technology utilizes proprietary battery management systems and analytics platforms, which will be validated in diverse grid environments as part of Frontier's upcoming projects [3] - Frontier has advanced 11 GWh of long-duration storage projects to the second round of Ofgem's Cap-and-Floor program, all incorporating Eos' technology, reflecting a growing market demand for energy storage solutions that can provide over 8 hours of storage [4] Strategic Vision - The partnership aims to build a scalable platform for long-duration storage, emphasizing the innovative and sustainable nature of Eos' zinc technology, which is designed to support renewable energy growth and provide reliable power for future grid needs [5] - Eos' technology is characterized by enhanced energy density and safety, making it suitable for utility-scale applications and addressing the increasing complexity of grid demands [7]