secwatch.observer — SEC 8-K summary
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Issuer:     Cartesian Growth Corp III (CGCT)
CIK:        0002049662
Form:       8-K
Filed at:   2026-08-11T20:09:33+00:00
Accession:  0001628280-26-055695
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2049662/000162828026055695/0001628280-26-055695-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2049662/000162828026055695/fac-20260811.htm
  HTML page:      https://secwatch.observer/filing/0001628280-26-055695

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer