Eos Energy Enterprises Begins 2021 Propelled by Strong Demand for Energy Storage building a $16MM Orders Backlog
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
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- HAGENS BERMAN, NATIONAL TRIAL ATTORNEYS, Investigating Eos Energy Enterprises (EOSE) For Possible Securities Fraud in Light of Analyst Questions About Company’s Customers, Encourages EOSE Investors to Contact Its Attorneys NowGlobeNewswire
- The Law Offices of Frank R. Cruz Announces Investigation of Eos Energy Enterprises, Inc. (EOSE) on Behalf of InvestorsBusiness Wire
- Glancy Prongay & Murray LLP, a Leading Securities Fraud Law Firm, Announces Investigation of Eos Energy Enterprises, Inc. (EOSE) on Behalf of InvestorsBusiness Wire
- Eos Energy Enterprises, Inc. (<a href="https://www.marketbeat.com/stocks/NASDAQ/EOSE/price-target/">NASDAQ: EOSE</a>) had its price target raised by analysts at B. Riley from $23.00 to $35.00. They now have a "buy" rating on the stock.MarketBeat
- HAGENS BERMAN, NATIONAL TRIAL ATTORNEYS, Investigating Eos Energy Enterprises (EOSE) For Possible Securities Fraud in Light of Analyst Questions About Company's Customers, Encourages EOSE Investors to Contact Its Attorneys NowPR Newswire
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EOSE
SEC Filings
- 1/13/21 - Form 8-K
- 1/13/21 - Form S-1/A
- 1/7/21 - Form SC
- EOSE's page on the SEC website
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