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SLDP-News
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Solid Power Reports Q2 Revenue of $268,000
Reports Q2 revenue ($268,000) vs. $7.54M last year. "During the second quarter, we made real progress against our strategic priorities, including our partner relationships, JV opportunities and operational capabilities," said John Van Scoter, President and Chief Executive Officer of Solid Power. "We remain on track in advancing our new continuous manufacturing line and are progressing towards ISO 9001 certification as we further strengthen our commercial readiness and quality management system. We are also encouraged by the performance of our electrolyte in the first half of the year. Together, these milestones and our strong liquidity position reinforce our confidence in our differentiated technology, our ability to execute, and our path toward commercialization."
Solid Power Q1 Revenue at $3.1M, Below Estimates
Reports Q1 revenue $3.1M, two estimates $3.3M. "Completion of site acceptance testing marks an important moment in our partnership with SK On and the final milestone under the line installation agreement," said John Van Scoter, President and Chief Executive Officer of Solid Power. "We are proud that cell production lines using our technology are now on three continents-at our facilities in Colorado and our partners' facilities in Germany and the Republic of Korea. We are encouraged by our progress in the first quarter of 2026 and remain focused on supporting our customers this year."
Company Expects 2026 Cash Investment to Reach $85 Million to $100 Million
The company expects 2026 cash investment, representing cash used in operations and capital expenditures, to be in the range of $85 million to $100 million. "In 2026, we will continue to drive toward commercialization of our ASSB technology. We started the year off strong with a $130 million registered direct offering in January," said Van Scoter. "This funding surpassed our initial expectations and serves to strengthen our financial position, extend our runway, and support advancement of our electrolyte technology and progress toward commercialization."
Solid Power Reports FY25 Revenue of $17.91M
Reports FY25 revenue $17.91M vs $20.14M last year. "2025 was a year of strong progress for Solid Power," said John Van Scoter, President and Chief Executive Officer of Solid Power. "We advanced our electrolyte technology and executed on our roadmap toward scalable production. We made encouraging progress with our partners on multiple fronts, ranging from BMW's introduction of an i7 test vehicle featuring our cells and solid-state battery technology to our progress installing a pilot cell manufacturing line at SK On's facility."
Solid Power sees FY25 cash investment $100M-$120M
The company expects 2025 cash investment, representing cash used in operations and capital expenditures, to be in the range of $100 million to $120 million, excluding any potential benefit from the DOE grant.
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