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0.00380589914367272 0.00380589914367272 0.00390738978750398 -0.000951474785918209 -0.0133206470028544 -0.0390104662226451 -0.0288614018395179 -0.0168093878845544
Stock impact report

Eos Energy Enterprises Begins 2021 Propelled by Strong Demand for Energy Storage building a $16MM Orders Backlog

Eos Energy Enterprises, Inc. (EOSE) 
Company Research Source: GlobeNewswire
EDISON, N.J., Jan. 13, 2021 (GLOBE NEWSWIRE) -- Eos Energy Enterprises, Inc. (NASDAQ: EOSE) (“Eos”), a leading provider of safe, scalable, efficient, and sustainable zinc-based energy storage systems, today announced strong sales momentum over the past 90 days towards meeting its 2021 growth objectives. As of December 31, 2020, Eos logged $16 million of booked orders. Additionally, the company secured firm commitments supported by customer technical sections and letters of intent for an additional $550 million with expected delivery over the next three years. Eos entered binding agreements with a variety of top energy companies, including utilities and microgrid developers, to provide long-duration energy storage for multiple customer use cases. Nearly 20% of these agreements are for extended partnerships, with the longest spanning up to 20 years. “The market’s response to our technology has been astounding,” said Joe Mastrangelo, CEO of Eos. “We have shown that the safety, re Show less Read more
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