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Stock impact report

FREYR Battery Reports Fourth Quarter and Full Year 2023 Results [Yahoo! Finance]

FREYR Battery, Inc. (FREY) 
Company Research Source: Yahoo! Finance
of clean, next-generation battery cell production capacity, today reported financial results for the fourth quarter and full year of 2023. Highlights: New operations update: another key milestone reached at Customer Qualification Plant. Building on recent technical achievements, FREYR's Asset Mo team at the Customer Qualification Plant ("CQP") conducted successful automated anode casting trials with active anode slurry in the second half of February. With the success of the cathode casting trials earlier in February and today's announcement, the remaining major milestone before the expected start of automated production at the CQP is the integration of the casting webs across the cathode, anode, and merge units of the Casting and Unit Cell Assembly equipment using the highly complex Multi-Carrier System ("MCS"). FREYR expects to commence production of functional battery cells for customer samples using the full automation of the CQP in H1 2024. CQP progress to support U.S. Depar Show less Read more
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