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ESS Tech said it "received sufficient capital not anticipated in the ordinary course of business" to continue near-term operations at its Wilsonville facility in Oregon.
ESS Tech shares surged 48% after receiving an unexpected capital infusion. Shares were trading around $1.22. The stock is down about 79% on the year. The energy storage company previously wanted it ...
Publicly traded ESS warned investors on Wednesday that it had run out of money and would shut down at the end of the week ...
Where the money came from and how much weren't revealed.
It's based around an ESS Technology ES9039PRO 8-channel Hyperstream IV DAC with Mark Levinson jitter elimination, and it has ...
ESS also recently executed several actions to further implement this plan and deepen collaboration with key partners. The Company closed orders for the sale of four Energy Warehouses as part of its ...
MG Windsor Pro was launched as a long-range iteration of the Windsor EV, equipped with a bigger battery pack and a more ...
As Europe's energy storage capacity continues to expand, safety has become a core priority for the industry. In the past ...
Less than three weeks after Aurora Innovation made a splash with the commercial launch of the first driverless semi trucks in ...
It doesn’t appear to have reached the ceiling of its storage technology yet, either. Per Hank Zhao, CTO of ESS Europe CATL: TENER Stack, giant, flexible, reliable and quiet. We are not only ...
TD Cowen downgraded ESS Tech (GWH) to Hold from Buy with a price target of $3, down from $10, given the company’s strategy shift, CEO search, funding and going concern language. Management has ...
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