Electrovaya Provides a Business Update
Electrovaya expects record FY2026 unaudited revenue of approximately $71 million, within previously issued guidance, despite macro headwinds in core end markets. Jamestown, New York module manufacturing equipment has passed Factory Acceptance Testing, and cell equipment testing is progressing; FY2027 should bring both Jamestown production and the ElvaPulse™ energy storage line online. The company appointed Kris Kuzniewski, Ph.D. to the new role of VP, Data Center Sales, targeting data center UPS and power-firming demand with the 7 MW-per-block ElvaPulse™ 1500, and will report its first U.S.
Key figures
- Revenue
- $71 million
- Guidance
- FY2026 unaudited revenue expected to be a record and within previously issued guidance of approximately $71 million of normalized revenue; audited results in early December 2026
- Jamestown site acres
- 52
- Jamestown facility size sqft
- 135000
- Elvapulse 1500 power per block
- 7 MW
AI analysis
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