other material
confidence high
sentiment positive
materiality 0.85
Solid Power secures $50M DOE grant for sulfide solid electrolyte production equipment
Solid Power, Inc.
- DOE to provide up to $50M; company cost share $60M; total project $110M.
- Funding supports installation of equipment for continuous production of sulfide-based solid electrolyte material.
- Project period: 1/1/2025 to 12/31/2028; first budget period ends 12/31/2025.
- Assistance Agreement signed Jan 21, 2025; effective Jan 1, 2025.