---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-22-128869"
form_type: "8-K"
ticker: "SLDP"
cik: "0001844862"
company_name: "Solid Power, Inc."
filed_at: "2022-12-21T23:59:59+00:00"
generated_at: "2026-06-21T01:04:40.513896+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Solid Power licenses battery cell IP to BMW in $20M expanded JDA

## Summary
- BMW granted R&D-only license to Solid Power's all-solid-state cell design and manufacturing know-how.
- BMW to pay $20 million between December 2022 and June 2024, subject to achieving milestones.
- BMW plans to replicate Solid Power's pilot production line at its facility in Germany for prototype cells.
- Solid Power expects to supply sulfide-based solid electrolyte to BMW for prototype line starting 2024.
- Intellectual property developed jointly at Solid Power's facilities will be solely owned by Solid Power.

## SEC filing metadata
- accession: 0001104659-22-128869
- form_type: 8-K
- ticker: SLDP
- cik: 0001844862
- company_name: Solid Power, Inc.
- filed_at: 2022-12-21T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1844862/000110465922128869/0001104659-22-128869-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1844862/000110465922128869/tm2233092d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-22-128869
- JSON: https://secwatch.observer/filing/0001104659-22-128869.json
- Plain text: https://secwatch.observer/filing/0001104659-22-128869.txt

## Key facts
- Material Agreements
  Solid Power, Inc. amended Amendment No. 4 with BMW of North America, LLC (together with its affiliates, “BMW”) valued at $20 million between December 2022 and June 2024 (effective 2022-12-20).
  - Action: amendment
  - Agreement: collaboration
  - Counterparty: BMW of North America, LLC (together with its affiliates, “BMW”)
  - Value: $20 million between December 2022 and June 2024
  - Effective: 2022-12-20
  source text: On December 20, 2022, Solid Power Operating, Inc., a wholly owned subsidiary of Solid Power, Inc. (collectively, the “ Company ”), and BMW of North America, LLC (together with its affiliates, “ BMW ”) entered into Amendment No. 4 (“ Amendment No. 4 ”) to the Joint Development Agreement, dated July 1, 2017. Pursuant to the terms of Amendment No. 4, the Company granted BMW a research and development-only license to certain of the Company’s intellectual property relating to all-solid-state battery cell manufacturing (the “ R&D License ”). The R&D License allows, among other things, BMW to install a solid state prototype cell manufacturing line based upon Solid Power’s proprietary information. The R&D License is limited to BMW’s research and development activities and may not be used for commercial battery cell production. In consideration of the R&D License and additional development activities contemplated by Amendment No. 4, BMW will pay the Company $20 million between December 2022 and
  evidence_url: https://www.sec.gov/Archives/edgar/data/1844862/000110465922128869/0001104659-22-128869-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.