Freyr Battery Inc

FREYR Battery SA formed for the purpose of effecting a merger between Alussa Energy Acquisition Corp., FREYR AS, and other affiliated entities through a series of transactions. The company was founded by Peter Matrai, Torstein Dale Sjøtveit and Tom Einar Jensen on January 20, 2021 and is headquartered Luxembourg.

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FREYR Battery excels in Q4, eyes U.S. expansion amid challenges

FREYR Battery's Q4 2022 earnings call highlighted significant achievements, positive financial results, and strategic initiatives for future growth.
The company's strengths in technology, partnerships, and market responsiveness position it well for success, despite facing challenges in operations and financing.
With a proactive approach to opportunities in the U.S. market, strategic planning for raw material sourcing, and a focus on customer needs, FREYR demonstrates a promising outlook for 2023.

FREYR Battery Inc reports Q1 milestones and financing pursuits

FREYR Battery Inc made strides in Q1 2023 towards becoming a key player in the battery supply industry, despite reporting a net loss. The company is actively securing financing and raw materials for their projects, with a focus on capacity expansions. Challenges include safety incidents and awaiting government support for capital allocation decisions.

FREYR Battery Inc progresses on $1B equity raise and market positioning

FREYR Battery Inc's Q2 2023 earnings call highlighted operational progress, financial updates, and strategic initiatives for project financing and market positioning.
The company's leadership transition, focus on specialized products, and commitment to efficiency and sustainability position it well for market demand and industry growth.
Challenges in market competition, financing, and performance validation underscore the need for strategic management and innovation to drive success and investor confidence.
Opportunities in energy storage demand, government financing partnerships, and investor engagement present avenues for growth, market expansion, and revenue generation for FREYR.
FREYR Battery Inc advances operational and financial strategies for growth

FREYR reports Q3 loss, focuses on cost-cutting and strategic partnerships

FREYR is navigating challenges at CQP and Giga Arctic while focusing on cost reduction and strategic partnerships.
The company is strengthening its technology capabilities and pursuing opportunities in the ESS market.
Despite financial losses, FREYR aims to extend its cash runway through disciplined financial management.
Redomiciling to the U.S. showcases a strategic move to align with the country's battery manufacturing support.

FREYR Battery reports Q4 loss, eyes Giga America project success

FREYR Battery's Q4 2023 earnings call highlighted a mix of challenges and opportunities amidst rapid market growth. The company's focus on technology innovation, capital formation, and strategic partnerships positions it well for future success in the EV and energy storage sectors.

FREYR Battery reports Q1 loss, strong cash position; eyes growth

FREYR Battery is making strides in technology strategy and market focus, aiming to become a leading battery producer. Despite a net loss, the company ended Q1 2024 with a strong cash position and no debt. Challenges in financial optimization and capital discipline persist, but opportunities in the battery sector and project pipelines offer growth potential.

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FREYR Battery, Inc. engages in developing battery solutions. It focuses on energy storage systems and commercial mobility. The company was founded by Tom Einar Jensen, Peter Matrai, and Tore Ivar Slettemoen on August 31, 2023 and is headquartered in Newnan, GA.

NEW YORK & OSLO, Norway & LUXEMBOURG--(BUSINESS WIRE)--FREYR Battery (NYSE: FREY) (“FREYR”), a developer of clean, next-generation battery cell production capacity, joins the United Nations Race to Zero campaign by signing the SME Climate Commitment. As part of the commitment, FREYR pledges to halve its greenhouse gas emissions before 2030, achieve net zero emissions before 2050, and disclose progress on a yearly basis. “We are on a mission to decarbonize the society for a better planet. It is

FREYR Signs Global SME Climate Commitment

NEW YORK & OSLO, Norway & LUXEMBOURG--(BUSINESS WIRE)--FREYR Battery (NYSE: FREY) (“FREYR”), a developer of clean, next-generation battery cell production capacity, will publish a press release detailing third quarter 2021 results and conduct a conference call on November 15, 2021. The third quarter 2021 press release will be issued by 6:00 am U.S. Eastern Standard Time (12:00 pm Central European Time) and the conference call is scheduled to begin at 10:30 am U.S. Eastern Standard Time (4:30 pm

FREYR Announces Third Quarter 2021 Earnings Release and Conference Call

NEW YORK & OSLO, Norway & LUXEMBOURG--(BUSINESS WIRE)--FREYR Battery (NYSE: FREY) (“FREYR”), a developer of clean, next-generation battery cell production capacity, is joining the Business Council for Sustainable Energy (BCSE), a coalition of companies and trade associations from the energy efficiency, natural gas and renewable energy sectors that advocates for sustainable energy solutions (the “Council”). “With this membership, FREYR becomes an active member in an organization that promotes cl

FREYR Joins the Business Council for Sustainable Energy

The stock price of FREYR Battery (NYSE: FREY) increased by over 2% during intraday trading today. This is why it happened.

FREY Stock: Why It Increased Today

FREYR Battery SA (NYSE:FREY) has formed a joint venture with Koch Strategic Platforms (KSP) to advance the development of clean battery cell manufacturing in the U.S. The JV has a 50%-50% ownership structure and will develop an initial 50 GWh of Gigafactory-scale battery cell manufacturing capacity in the U.S. based on 24M Technologies SemiSolid platform technology.

FREYR Forms JV With Koch Strategic Platforms For Clean Battery Cell Manufacturing

Freyr Battery (FREY) stock is on the move Tuesday and there's a couple of recent pieces of news behind its rise investors will want to know. The post FREY Stock: 2 Reasons Why Freyr Battery Investors Are Feeling Fired Up Today appeared first on InvestorPlace.

FREY Stock: 2 Reasons Why Freyr Battery Investors Are Feeling Fired Up Today

NEW YORK & OSLO, Norway & LUXEMBOURG--(BUSINESS WIRE)--FREYR Battery (NYSE: FREY) (“FREYR”), a developer of clean, next-generation battery cell production capacity, today announced the formation of a joint venture (“JV”) in the United States between Koch Strategic Platforms (“KSP”) and FREYR. The JV, which has a 50%/50% ownership structure, has been established to develop an initial 50 GWh of Gigafactory-scale battery cell manufacturing capacity in the U.S. based on 24M Technologies (“24M”) Sem

FREYR Announces Joint Venture with Koch Strategic Platforms to Advance Development of Clean Battery Cell Manufacturing in the United States

NEW YORK, OSLO, Norway & LUXEMBOURG--(BUSINESS WIRE)--FREYR Battery (NYSE: FREY) (“FREYR”), announces Elizabeth Tate as VP Sustainability and Frode Hvattum as Senior Director, BD in Sustainability .

FREYR Further Strengthens Its Sustainability Team

NEW YORK & OSLO, Norway & LUXEMBOURG--(BUSINESS WIRE)--FREYR Battery (NYSE: FREY) (“FREYR”), a developer of clean, next-generation battery cell production capacity, has hired three senior sales professionals to its Energy Storage System (“ESS”) sales team. Zukui Hu, Valentin Rota and Guillaume Mancini join FREYR from Tesla, where they contributed to the success and growth of the EMEA regional energy storage division over the last six years. At FREYR, they will be responsible for sales in the co

FREYR Adds Experienced Sales Professionals from Tesla

Microvast Holdings

Novonix, FREYR, and Microvast have some unique advantages in the space.

3 Battery Companies That Could Make Bank on the Electric Vehicle Surge

NEW YORK, OSLO, Norway & LUXEMBOURG--(BUSINESS WIRE)--FREYR Battery (NYSE: FREY) (“FREYR”), a developer of clean, next-generation battery cell production capacity, today reported financial results of FREYR AS for the second quarter of fiscal year 2021. FREYR listed on the New York Stock Exchange (“NYSE”) following the completion of the Business Combination between Alussa Energy Acquisition Corp. (“Alussa”) and FREYR AS on July 9, 2021 (the “Business Combination”). Highlights of the second quart

FREYR Battery Reports Second Quarter 2021 Results

LUXEMBOURG--(BUSINESS WIRE)--FREYR Battery (“FREYR”), a developer of clean, next-generation battery cell production capacity, has entered into two non-binding memoranda of understanding (“MoU”) with Finnish Minerals Group and the City of Vaasa, respectively, for strategic collaborations on potential development of industrial scale battery cell technology and production in Finland. The Nordic region offers competitive advantages for sustainable, low-carbon battery cell production at scale throug

FREYR Battery, Finnish Minerals Group and the City of Vaasa to Explore Industrial Scaling of Battery Cell Technology and Production in Finland

Bloom Energy

Plug Power

These stocks may be suffering from a bad case of "buy the rumor, sell the news."

Why Plug Power, Bloom Energy, and Freyr Battery Stocks Crashed Today

LUXEMBOURG--(BUSINESS WIRE)--FREYR Battery (NYSE: FREY, or “FREYR”), the developer of clean, next-generation battery cell production capacity, will publish a press release detailing second quarter 2021 results and conduct a conference call on August 12, 2021. The second quarter 2021 press release will be issued by 6:00 am U.S. Eastern Daylight Time (12:00 pm Central European Time) and the conference call is scheduled to begin at 8:00 am U.S. Eastern Daylight Time (2:00 pm Central European Time)

FREYR Announces Second Quarter 2021 Earnings Release and Conference Call

LUXEMBOURG--(BUSINESS WIRE)--FREYR Battery (“FREYR”), a developer of clean, next-generation battery cell production capacity, has signed a contract with Mpac Lambert for the supply of the casting and unit cell assembly equipment package to the battery cell production line at FREYR's Customer Qualification Plant (“CQP”) in Mo i Rana, Norway. Preparatory work on the facility is already ongoing with a targeted start of initial operations in the second half of 2022. Mpac Lambert, a UK-based develop

FREYR Battery Chooses Mpac Lambert for Supply of Battery Cell Assembly Equipment Package to Customer Qualification Plant

LUXEMBOURG--(BUSINESS WIRE)--FREYR Battery (NYSE: FREY, or “FREYR”), a developer of clean, next-generation battery cell production capacity, has reached a final investment decision (“FID”) by the FREYR Board of Directors to proceed with the construction of the Customer Qualification Plant (“CQP”) and first battery cell production line in Mo i Rana, Norway. The FID comes after completing the tender processes and allows for the award of contracts for key production equipment supply. Preparatory w

FREYR Advances Clean Battery Cell Production in Norway with Customer Qualification Plant Final Investment Decision

FREYR plans to develop ~43 GWh of clean battery cell manufacturing capacity mostly in Norway by end 2025 & ~83 GWh by end 2028, with a possible JV in the USA. FREYR has award-winning 24M Technologies, Inc. as their technology partner and has MOUs with shipping giant Maersk, Scatec, Siemens Energy, ITOCHU.

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