Solid Power Releases Third Quarter 2023 Results; Ships First A-Sample EV Cells to Enter Automotive Qualification
LOUISVILLE, Colo., Nov. 07, 2023 (GLOBE NEWSWIRE) -- Solid Power, Inc. (Nasdaq: SLDP), a leading developer of solid-state battery technology, today announced its financial results for the third quarter ended September 30, 2023 and that it has shipped its first A-sample cells to enter automotive qualification.
- LOUISVILLE, Colo., Nov. 07, 2023 (GLOBE NEWSWIRE) -- Solid Power, Inc. (Nasdaq: SLDP), a leading developer of solid-state battery technology, today announced its financial results for the third quarter ended September 30, 2023 and that it has shipped its first A-sample cells to enter automotive qualification.
- “We are very excited to make these deliveries, begin the formal automotive qualification process, and continue on our path towards commercialization.
- Third quarter 2023 operating loss was $21.5 million and net loss was $15.1 million, or $0.08 per share.
- Solid Power’s liquidity position remained strong, with September 30, 2023 total liquidity totaling $422.3 million, as shown below.