Solid Power Operating, Inc., a subsidiary of Solid Power, Inc., entered into an amended and restated Assistance Agreement with the U.S. Department of Energy effective January 1, 2026, amending the prior agreement and modifying certain terms for the $50M DOE grant with $60M cost share. The Company published a Company Overview presentation on its website for investor presentations.
Key takeaways
Amended Assistance Agreement dated March 5, 2026, effective January 1, 2026, between Solid Power Operating, Inc. and DOE
DOE funding: Government Share $50,000,000; Cost Share $60,000,000; Total $110,000,000
Project period extended to 06/30/2029 with budget periods through 2029
Principal Investigator changed to Hyungrak Kim; Business Point-of-Contact to Joseph Duchaj
Company Overview presentation published March 6, 2026, at https://www.solidpowerbattery.com/investor-relations/events-and-presentations
Exhibits: 10.1 Assistance Agreement; 99.1 Company Overview