Solid Power extends JDA with Ford through Dec 2024; no additional cost

Solid Power, Inc.

Second Amendment extends Joint Development Agreement termination date to Dec 31, 2024 from June 30, 2023.
No additional cost to Ford for the extension; all other terms unchanged.
Revised schedule for cell and sulfide electrolyte deliverables during extended period; specific quantities redacted.
Agreement underscores continued collaboration on all-solid-state battery development between Solid Power and Ford.

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

Solid Power, Inc. amended Second Amendment to Joint Development Agreement with Ford Motor Company (effective 2023-06-30).

Action: amendment
Agreement: collaboration
Counterparty: Ford Motor Company
Effective: 2023-06-30

Exact text from the filing

On June 30, 2023, Solid Power Operating, Inc., a wholly owned subsidiary of Solid Power, Inc. (collectively, the “Company”), and Ford Motor Company (“Ford”) entered into a Second Amendment to Joint Development Agreement, dated June 30, 2023 (the “Second Amendment”).

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Solid Power, Inc. filing history →

Source: SEC EDGAR

accession 0001104659-23-078153

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