Solid Power, Inc.

Solid Power Announces Significant Advancement in Commercial Pathway, Commissioning MOBIUS™ Continuous Electrolyte Manufacturing Line

Solid Power has begun commissioning MOBIUS, its continuous manufacturing pilot line for sulfide-based solid electrolyte at its Thornton, Colorado SP2 facility. The line is designed to raise the site's annual electrolyte capacity by 150%, adding 45 metric tons for a total of roughly 75 metric tons per year. Site acceptance testing for primary powder processing is complete, with full SAT expected by end of October and operational startup planned for Q4 2026. MOBIUS was built under a DOE-supported project providing up to $50 million in federal funding and supports the company's electrolyte sales and licensing commercial model.

•13d ago

Solid Power Appoints Uwe Breitweg to Board of Directors, Adding Deep Automotive and Battery Strategy Expertise

Solid Power appointed Uwe Breitweg, Vice President of Powertrain, Emission and Battery Strategy at BMW Group, to its board of directors effective July 1, 2026. This appointment was made pursuant to BMW Holding B.V.'s director nomination rights, reinforcing the strategic partnership between the two companies. CEO John Van Scoter highlighted that Breitweg's technical depth and strategic leadership will be invaluable as the company advances its solid-state technology and executes its strategy with global partners. The company also thanked outgoing board member Dr. Feurer for his dedicated service and contributions during his tenure.

•4mo ago

Solid Power Reports First Quarter 2026 Results

Solid Power reported Q1 revenue and grant income of $3.1 million, down from the prior year, with a net loss of $13.0 million or $0.06 per share. The company successfully completed site acceptance testing for the SK On pilot cell line and finalized factory acceptance testing for its sulfide electrolyte continuous manufacturing pilot line. Liquidity stands strong at $435.3 million, bolstered by a $121.3 million net raise from a registered direct offering during the quarter.

•6mo ago