PITTSBURGH, Pa., Jan. 14, 2026 (GLOBE NEWSWIRE) -- Eos Energy Enterprises, Inc. (NASDAQ: EOSE) ("Eos" or the “Company”), an American energy company and the leading innovator in designing, sourcing, manufacturing, and providing zinc-based battery energy storage systems (BESS), today announced the launch of Eos Indensity™—and invites you to experience it first during an unveiling event happening today at 8:30 a.m. ET. Register now and be part of the future of energy storage. Eos Indensity™ is a breakthrough a ...

Core Insights - Eos Energy Enterprises, Inc. announced the resignation of Russ Stidolph as non-executive Chair, effective December 31, 2025, to focus on AltEnergy Acquisition Corp, with Joseph Nigro appointed as his successor starting January 1, 2026 [1][2] Leadership Transition - Stidolph has been pivotal in Eos' growth from a research and development company to a leader in stationary energy storage, overseeing the deployment of over 5 GWh of operations [2][3] - Joe Nigro, with over 30 years of experience in the energy sector, is expected to guide Eos through its next phase of operations and growth [3][4] Company Strategy and Market Position - Eos is focused on scaling production to meet the increasing demand for long-duration energy storage solutions, which are essential for future energy infrastructure [4] - The company’s BESS utilizes Znyth™ technology, which is a safe and stable alternative to conventional lithium-ion technology, suitable for various applications including utility-scale and microgrid storage [5][6]

Core Viewpoint - Eos Energy Enterprises, Inc. is participating in the World Economic Forum Annual Meeting 2026, highlighting its role in advancing energy resilience and security amid rising global energy demands [1][2]. Company Overview - Eos is an American energy company specializing in zinc-based battery energy storage systems (BESS), focusing on safety, flexibility, and durability [3][6]. - The company's innovative Znyth™ technology offers a non-flammable and stable alternative to conventional lithium-ion technology, suitable for various applications including utility-scale and microgrid energy storage [6]. Manufacturing and Deployment Strategy - Eos has developed a manufacturing model designed for global replication, allowing for faster deployment without straining local resources [4]. - The company emphasizes the importance of scalable solutions that can be built and deployed rapidly to meet increasing energy demands [4][5]. Engagement at WEF - At the WEF Annual Meeting, Eos aims to engage with global leaders on strengthening energy systems in response to economic and technological changes, leveraging its operational experience and manufacturing discipline [5].

Core Viewpoint - Eos Energy Enterprises, Inc. has announced a registered direct offering of common stock and a concurrent private offering of convertible senior notes, aiming to raise approximately $458.2 million for repurchasing existing convertible notes and for general corporate purposes [1][2][3]. Group 1: Offering Details - The registered direct offering consists of 35,855,647 shares priced at $12.78 per share, expected to close on November 24, 2025 [1]. - The concurrent private offering includes $525 million of 1.75% convertible senior notes due 2031, with an option for an additional $75 million [3]. - The completion of the registered offering is contingent upon the successful closing of the concurrent notes offering [5]. Group 2: Use of Proceeds - Proceeds from the offerings will be used to repurchase a portion of the existing 6.75% convertible senior notes due 2030, with a total repurchase price of approximately $564.6 million [2][4]. - The repurchase will include accrued and unpaid interest and is subject to various market conditions [4]. Group 3: Company Overview - Eos Energy is focused on advancing American energy independence through innovative energy storage solutions, specifically its BESS featuring Znyth™ technology, which is a safe and scalable alternative to lithium-ion technology [8]. - The company's energy storage systems are designed for utility-scale, microgrid, commercial, and industrial applications, providing long-duration energy storage capabilities [8].

Core Viewpoint - Eos Energy Enterprises, Inc. has successfully exercised approximately 6.7 million public warrants, generating gross proceeds of about $76.9 million, which will enhance the company's liquidity as it accelerates production and expands its manufacturing capacity [1][2][3] Group 1: Financial Performance - The exercised warrants were originally issued at a price of $11.50 per share and have contributed to the company's fully diluted share count [2] - The expiration of the EOSEW public warrants occurred on November 17, 2025, with a few additional exercises still pending [2] Group 2: Business Operations - The additional capital will support Eos in accelerating the production of its Z3 technology and managing its growing commercial backlog and pipeline [3] - Eos Energy is focused on American energy independence through innovative zinc-based battery energy storage systems (BESS), which are designed for various applications including utility-scale and microgrid solutions [4] Group 3: Technology and Market Position - The company's BESS utilizes Znyth™ technology, which is a safe, non-flammable, and stable alternative to conventional lithium-ion technology, providing long-duration energy storage capabilities [4]

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]

Core Insights - Eos Energy Enterprises and Talen Energy Corporation have announced a strategic collaboration to develop energy storage capacity in Pennsylvania to meet growing demand and support AI infrastructure [1][2][4] - The partnership aims to leverage Eos' Z3 battery technology and Talen's generation portfolio to provide reliable, cost-effective power while facilitating the clean energy transition [2][4] - The collaboration is expected to enhance grid reliability and increase capacity utilization from existing assets, addressing the urgent energy needs driven by AI and cloud computing [2][3] Company Overview - Eos Energy Enterprises specializes in zinc-based battery energy storage systems (BESS) and is recognized for its innovative Znyth™ technology, which is a safe and scalable alternative to conventional lithium-ion technology [5] - The company's BESS is designed for utility-scale, microgrid, commercial, and industrial applications, providing long-duration energy storage capabilities ranging from 4 to over 16 hours [5] Strategic Goals - The collaboration will focus on identifying and developing multiple storage projects at or near Talen's existing and retired fossil fuel plants, representing multiple gigawatt-hours (GWh) of capacity [3] - The partnership is positioned as a model for the nation, demonstrating how combining generation assets with long-duration storage can enhance grid resilience and support national energy security [4]

Core Insights - Eos Energy Enterprises, Inc. has announced a $24 million economic development package in partnership with Pennsylvania to enhance U.S. manufacturing and create 1,000 high-quality jobs [1][2] - The expansion includes a new 432,000 sq. ft. manufacturing facility in Marshall Township, PA, aimed at increasing annual energy storage capacity to 8 GWh [3] - Eos will also establish a software hub in Pittsburgh to support its battery management system and enhance its workforce [4][5] Group 1: Economic Development and Job Creation - The joint $24 million economic development package is designed to support U.S. manufacturing and job growth, particularly in the energy sector [2] - The initiative is expected to create 1,000 high-quality jobs, reflecting a commitment to advancing energy innovation in Pennsylvania [2] Group 2: Manufacturing Expansion - Eos will expand its manufacturing capacity with a new facility that will complement its existing operations, transitioning to high-efficiency, large-scale production [3] - The new facility is part of a broader strategy to scale operations in response to increasing market demand, particularly driven by advancements in AI infrastructure [2][3] Group 3: Technological Innovation - The establishment of a software hub at Nova Place in Pittsburgh will focus on the development of Eos' proprietary battery management system, DawnOS [4][5] - Eos plans to deepen its partnership with Carnegie Mellon University to cultivate a skilled workforce in robotics, AI, and engineering [5][6] Group 4: Strategic Vision - Eos aims to position Pennsylvania as a national hub for energy, technology, and manufacturing innovation, reinforcing its commitment to energy independence [1][4] - The company's CEO emphasized the importance of American manufacturing and innovation in achieving a more energy-efficient and secure future [3]

Core Insights - Eos Energy Enterprises has appointed John Mahaz as Chief Operating Officer to lead operations, supply chain, and manufacturing strategy during a critical phase of commercial scale-up [1][4][5] Company Overview - Eos Energy Enterprises is an American energy company specializing in zinc-based battery energy storage systems (BESS) manufactured in the United States [1][6] - The company's BESS utilizes innovative Znyth™ technology, which is a safe, non-flammable, and scalable alternative to conventional lithium-ion technology [6] Leadership Background - John Mahaz brings over 30 years of experience in global manufacturing, operations, and supply chain, previously serving as Senior Vice President of Operations at Jabil Inc., generating over $14 billion in annual revenue [2][3] - Mahaz has a proven track record of operational excellence, having led multiple facilities to win the Shingo Prize for Operational Excellence [3] Strategic Goals - The company aims to achieve operational excellence to meet growth objectives and expand its footprint in the energy storage industry [4][5] - Mahaz's leadership is expected to help Eos scale operations globally and drive efficiency to meet increasing customer demand for reliable, sustainable power [5]

Core Insights - Eos Energy Enterprises, Inc. reported its strongest operational quarter to date, with significant revenue growth and improved production efficiency [3][5] - The company anticipates full-year revenue for 2025 to be between $150 million and $190 million, continuing its manufacturing expansion efforts [4][5] Financial Performance - Eos achieved record quarterly revenue of $15.2 million, a 46% increase from the previous quarter and a 17-fold increase year-over-year [6] - The gross loss was $31.0 million, reflecting a 32-point margin improvement from the prior quarter [6] - Operating expenses totaled $32.9 million, a decrease from the previous quarter when excluding one-time non-recurring items [6] - The net loss attributable to shareholders was $222.9 million, primarily due to non-cash changes in fair value and other adjustments [6][29] Commercial Pipeline and Growth - The commercial opportunity pipeline increased to $18.8 billion, a 21% rise from the prior quarter, with a backlog of $672.5 million [5][6] - Eos signed a 5 GWh Memorandum of Understanding (MOU) with Frontier Power, contributing to strong demand for energy storage solutions in the UK [9][10] - Over half of Eos' pipeline consists of stand-alone energy storage projects, which are increasingly sought after for grid management [10] Manufacturing and Capacity Expansion - Eos is implementing subassembly automation to double the throughput of its battery module line, aiming for an annualized production rate of 2 GWh by the second half of 2025 [7] - The company has successfully launched its first state-of-the-art manufacturing line, producing battery modules every 10 seconds [4][5] Financial Flexibility and Debt Management - Eos closed $336 million in concurrent offerings of common stock and convertible senior notes, enhancing its financial flexibility [11][12] - The company extended the maturity of its 26.5% convertible senior notes to September 30, 2034, and reduced the interest rate to 7.0% starting June 30, 2026 [13]