---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-004160"
form_type: "8-K"
ticker: "SLDP"
cik: "0001844862"
company_name: "Solid Power, Inc."
filed_at: "2024-01-16T23:59:59+00:00"
generated_at: "2026-06-06T23:26:42.314641+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Solid Power enters three agreements with SK On valued at at least $50M

## Summary
- R&D license grants SK On rights to solid-state cell designs for $20M in milestone payments (2024-2027).
- Line installation agreement: Solid Power to design and install pilot line at SK On Korea facility for ~$22M; completion expected 2025.
- Electrolyte supply agreement: SK On commits to purchase at least 8 metric tons through 2030, generating at least $10M revenue.
- Combined expected revenue from all agreements is at least $50M, strengthening cash position.

## SEC filing metadata
- accession: 0001104659-24-004160
- form_type: 8-K
- ticker: SLDP
- cik: 0001844862
- company_name: Solid Power, Inc.
- filed_at: 2024-01-16T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1844862/000110465924004160/0001104659-24-004160-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1844862/000110465924004160/tm243261d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-004160
- JSON: https://secwatch.observer/filing/0001104659-24-004160.json
- Plain text: https://secwatch.observer/filing/0001104659-24-004160.txt

## Key facts
- Material Agreements
  Solid Power, Inc. entered into Electrolyte Supply Agreement with SK On Co., Ltd. valued at $10 million (effective 2024-01-10).
  - Action: entry
  - Agreement: supply
  - Counterparty: SK On Co., Ltd.
  - Value: $10 million
  - Effective: 2024-01-10
  source text: On January 10, 2024, Solid Power Operating, Inc. (“ SP Operating ”), a wholly owned subsidiary of Solid Power, Inc. (the “ Company ,” “ Solid Power ,” “ we ,” or “ our ”), and SK On Co., Ltd. (“ SK On ”) entered into a Research and Development Technology License Agreement (the “ R&D License Agreement ”) and Electrolyte Supply Agreement (the “ Electrolyte Supply Agreement ”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1844862/000110465924004160/0001104659-24-004160-index.htm
- Material Agreements
  Solid Power, Inc. entered into Research and Development Technology License Agreement with SK On Co., Ltd. valued at $20 million (effective 2024-01-10).
  - Action: entry
  - Agreement: license
  - Counterparty: SK On Co., Ltd.
  - Value: $20 million
  - Effective: 2024-01-10
  source text: On January 10, 2024, Solid Power Operating, Inc. (“ SP Operating ”), a wholly owned subsidiary of Solid Power, Inc. (the “ Company ,” “ Solid Power ,” “ we ,” or “ our ”), and SK On Co., Ltd. (“ SK On ”) entered into a Research and Development Technology License Agreement (the “ R&D License Agreement ”) and Electrolyte Supply Agreement (the “ Electrolyte Supply Agreement ”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1844862/000110465924004160/0001104659-24-004160-index.htm
- Material Agreements
  Solid Power, Inc. entered into Line Installation Agreement with SK On Co., Ltd. valued at approximately $22.3 million (effective 2024-01-10).
  - Action: entry
  - Counterparty: SK On Co., Ltd.
  - Value: approximately $22.3 million
  - Effective: 2024-01-10
  source text: On January 10, 2024, Solid Power Korea Co., Ltd. (“ SP Korea ”), a wholly owned subsidiary of the Company, SK On, and, for the limited purposes of Section 12.16 of the Line Installation Agreement, the Company entered into a Line Installation Agreement (the “ Line Installation Agreement ”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1844862/000110465924004160/0001104659-24-004160-index.htm

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