NYSE: GWH
ESS Tech, Inc. (NYSE: GWH) is a provider of non-lithium energy storage solutions for commercial and utility-scale applications. Founded in 2011, the company develops iron flow battery technology and is expanding into sodium-ion battery energy storage systems (BESS). ESS's product portfolio includes the Bridge™ modular sodium-ion AC solution and associated Energy Management Systems. The company is pursuing opportunities across data centers, critical infrastructure, AI infrastructure, and utility markets, positioning itself as a domestic manufacturer of American-made energy storage. ESS has a letter of intent with Alsym Energy for 8.5 GWh of U.S.-made sodium-ion cells and modules, and is in early-stage discussions for a strategic business combination with a private energy-sector company. The company remains in an early commercialization phase with minimal revenue and significant operating losses. Updated
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Thursday's top analyst upgrades and downgrades included AT&T, Abbott Laboratories, Advanced Micro Devices, Affirm, Canopy Growth, Cleanspark, Eli Lilly, ESS Tech, Global Payments and Luminar Technologies.
Lucid towed other EV makers along Thursday, putting up a share price gain of more than 30%. Good times.
A SPAC merger/IPO on Monday really soared on Tuesday, and the stock is one to keep an eye on for the future.
ESS Tech, Inc. (NYSE: GWH) is a provider of non-lithium energy storage solutions for commercial and utility-scale applications. Founded in 2011, the company develops iron flow battery technology and is expanding into sodium-ion battery energy storage systems (BESS).
