---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-26-055695"
form_type: "8-K"
ticker: "CGCT"
cik: "0002049662"
company_name: "Cartesian Growth Corp III"
filed_at: "2026-08-11T20:09:33+00:00"
generated_at: "2026-08-11T20:11:37.157688+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Factorial Q2 net loss $11.3M, cash $112.8M; first commercial drone order secured

## Summary
- Q2 2026 GAAP net loss $11.3M on operating expenses of $13.0M.
- 6M 2026 net loss $19.9M; non-GAAP opex $14.5M; cash and equivalents $112.8M at June 30.
- FY2026 guidance: non-GAAP opex ~$40M, capex ~$13M; first commercial revenue expected 2027.
- Secured first commercial drone battery order in July; partnerships with Tulip Tech, SK On MoU, Stellantis road-testing.
- Demonstrated 390 Wh/kg cells; targeting ~450 Wh/kg by year-end; 150+ patents covering FEST and Solstice platforms.

## SEC filing metadata
- accession: 0001628280-26-055695
- form_type: 8-K
- ticker: CGCT
- cik: 0002049662
- company_name: Cartesian Growth Corp III
- filed_at: 2026-08-11T20:09:33+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/2049662/000162828026055695/0001628280-26-055695-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/2049662/000162828026055695/fac-20260811.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-26-055695
- JSON: https://secwatch.observer/filing/0001628280-26-055695.json
- Plain text: https://secwatch.observer/filing/0001628280-26-055695.txt

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