ESS Tech

ESS Tech, Inc. is in the research and development phase, engages in the manufacture of iron flow batteries for commercial and energy storage applications. The company was founded by Julia Song and Evans Craig in January 2011 and is headquartered in Wilsonville, OR.

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

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Earnings data Q2 2023

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Earnings data Q1 2024

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Earnings data Q4 2024

ESS Tech (GWH) reports record Q4 performance amidst supply chain challenges

ESS Tech (GWH) showcased strong performance in Q4 2022, addressing challenges in the supply chain while capitalizing on market opportunities and strategic partnerships. The company's focus on growth, efficiency, and innovation sets a positive trajectory for future success.

ESS Tech addresses revenue challenges, eyes growth in energy storage

ESS Tech navigated revenue challenges in Q1, focusing on scaling manufacturing and operational improvements.
Positive feedback from industry leaders underscores ESS's technology in achieving energy goals.
Market trends and customer interest in long-duration energy storage solutions offer growth potential for ESS.

ESS Tech (GWH) reports record revenue and strategic partnerships

ESS Tech (GWH) achieved record revenue, strengthened partnerships, and focused on operational efficiency. Acknowledged challenges in overseas projects and emphasized commitment to improvement. Actively pursuing opportunities in energy storage deployment and innovation.

ESS Tech (GWH) reports Q3 revenue growth amidst strategic shifts

ESS Tech (GWH) navigated Q3 with revenue growth targets and strategic partnerships, despite facing challenges in financial performance and operational transitions.
The company's leadership team enhancements and shift towards energy centers position it for future growth and innovation in the energy storage industry.
Analyst inquiries and ongoing adjustments underscore the need for operational efficiency and strategic planning to capitalize on upcoming opportunities and mitigate challenges.

ESS Tech (GWH) reports Q4 revenue shortfall but eyes profitability and growth in 2024

ESS Tech (GWH) navigated Q4 challenges with a focus on growth, cost reduction, and cash management. The company aims for profitability by late 2024 and foresees substantial revenue growth ahead, backed by strong partnerships and market position.

ESS Tech (GWH) reports revenue growth and strategic partnerships in Q1 2024

ESS Tech (GWH) shows progress in revenue growth and operational milestones, despite challenges in achieving profitability. Strategic partnerships and product certifications position the company for expansion and market leadership.

ESS Tech secures $50M funding, aims for profitability by year-end

ESS Tech (GWH) navigated challenges in revenue recognition delays but showcased strengths in securing funding for capacity expansion and advancing partnerships in the energy storage sector. The company's focus on cost reduction, cash management, and achieving profitability by year-end underscores a strategic approach towards financial sustainability. ESS faces opportunities in scaling production, leveraging partnerships, and driving innovation in the evolving energy storage market.

ESS Tech (GWH) reports Q3 revenue challenges, eyes growth opportunities

ESS Tech (GWH) navigated challenges of customer funding delays in Q3 but anticipates improved revenue recognition in Q4. Strong partnerships, new product launches, and strategic focus on financial stability and profitability position the company for growth opportunities in 2024 and beyond.

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ESS Tech, Inc. is a long-duration energy storage company, which specializes in iron flow battery technology. It develops long duration iron flow batteries for commercial and utility-scale energy storage applications requiring four or more hours of flexible energy capacity predominantly using earth-abundant materials. The company was founded by Julia Song and Craig E. Evans in January 2011 and is headquartered in Wilsonville, OR.

ESS offers iron flow batteries for utilities, providing a cost-effective, non-toxic, and durable energy storage solution with a 10-year performance guarantee. ESS's technology is ready for market, with revenue expected from upcoming sales and strategic partnerships enhancing their global reach. The global demand for long-duration energy storage is projected to reach, 1000GW by 2030, presenting a significant market opportunity.

ESS Tech Is A High-Risk Investment That May Reward A Patient Investor

ESS Tech, Inc. (NYSE:GWH ) Q3 2024 Earnings Conference Call November 13, 2024 5:00 PM ET Company Participants Erik Bylin - Head of Investor Relations Eric Dresselhuys - Chief Executive Officer Anthony Rabb - Chief Financial Officer Conference Call Participants Justin Clare - ROTH Capital Partners Corinne Blanchard - Deutsche Bank Colin Rusch - Oppenheimer Ben Kallo - Baird George Gianarikas - Canaccord Genuity Operator Ladies and gentlemen, thank you for standing by. At this time, all participants are in a listen-only mode.

ESS Tech, Inc. (GWH) Q3 2024 Earnings Call Transcript

ESS Tech, Inc. (GWH) came out with a quarterly loss of $1.90 per share versus the Zacks Consensus Estimate of a loss of $1.97. This compares to loss of $1.65 per share a year ago.

ESS Tech, Inc. (GWH) Reports Q3 Loss, Misses Revenue Estimates

WILSONVILLE, Ore.--(BUSINESS WIRE)--ESS Tech, Inc. (“ESS,” “ESS, Inc.” or the “Company”) (NYSE: GWH), a leading manufacturer of long-duration energy storage systems (LDES) for commercial and utility-scale applications, today announced financial results for its third quarter ended September 30, 2024. “The core investment thesis for ESS remains as strong as ever – we have a massive and important emerging market opportunity in front of us, a top tier, forward-thinking customer base, and a differen.

ESS Tech, Inc. Announces Third Quarter 2024 Financial Results

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WILSONVILLE, Ore.--(BUSINESS WIRE)--ESS Tech, Inc. (“ESS,” “ESS Inc.”) (NYSE:GWH), a leading manufacturer of long-duration energy storage systems (LDES) for commercial and utility-scale applications, today announced that it will hold a conference call on Wednesday, November 13, 2024 at 5:00 p.m. EST to discuss financial results for its third quarter 2024 ended September 30, 2024. The news release announcing the third quarter 2024 financial results will be disseminated on November 13, 2024 after.

ESS Inc. Schedules Third Quarter 2024 Financial Results Conference Call

WILSONVILLE, Ore.--(BUSINESS WIRE)--ESS Tech, Inc. (ESS) (NYSE: GWH), a leading manufacturer of long-duration energy storage systems (LDES) for commercial and utility-scale applications, today announced that its Australian partner, Energy Storage Industries – Asia Pacific (ESI), has received an investment of AU$25 million (~US$17 million) from the Queensland Government and raised a further AU$40 million (~US$23 million) in private capital to accelerate the clean energy transition in Australia a.

ESS' Australian Partner Raises AU$65M in Public and Private Funds to Accelerate Iron Flow Deployments

ESS Tech, Inc. (NYSE:GWH ) Q2 2024 Results Conference Call August 14, 2024 5:00 PM ET Company Participants Erik Bylin - Head of IR Eric Dresselhuys - CEO Tony Rabb - CFO Conference Call Participants Justin Clare - ROTH MKM Davis Sunderland - Robert W. Baird Thomas Boyes - TD Cowen Operator Ladies and gentlemen, thank you for standing by.

ESS Tech, Inc. (GWH) Q2 2024 Earnings Call Transcript

ESS Tech, Inc. (GWH) came out with a quarterly loss of $0.12 per share versus the Zacks Consensus Estimate of a loss of $0.11. This compares to loss of $0.15 per share a year ago.

ESS Tech, Inc. (GWH) Reports Q2 Loss, Misses Revenue Estimates

WILSONVILLE, Ore.--(BUSINESS WIRE)--ESS Tech, Inc. (“ESS,” “ESS, Inc.” or the “Company”) (NYSE: GWH), a leading manufacturer of long-duration energy storage systems (LDES) for commercial and utility-scale applications, today announced financial results for its second quarter ended June 30, 2024. “ESS made significant headway in the business in the second quarter and we continue to be encouraged by the growing imperative for Long Duration Energy Storage to be coupled to renewables. Importantly,.

ESS Tech, Inc. Announces Second Quarter 2024 Financial Results

WILSONVILLE, Ore.--(BUSINESS WIRE)--ESS Tech, Inc. (ESS) (NYSE: GWH), a leading manufacturer of long-duration energy storage systems (LDES) for commercial and utility-scale applications, today hosted a ribbon-cutting event to celebrate the company's growing domestic manufacturing capacity. ESS became the first energy storage manufacturer to be supported by the Make More in America Initiative of the Export-Import Bank of the United States (EXIM) with the recent approval of a $50 million financin.

ESS Celebrates $50M Manufacturing Expansion at Oregon Headquarters Funded by U.S. Export-Import Bank's Make More in America Initiative

ESS Tech (GWH) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

ESS Tech, Inc. (GWH) Expected to Beat Earnings Estimates: What to Know Ahead of Q2 Release

WILSONVILLE, Ore.--(BUSINESS WIRE)--ESS Tech, Inc. (“ESS,” “ESS Inc.”) (NYSE:GWH), a leading manufacturer of long-duration energy storage systems (LDES) for commercial and utility-scale applications, today announced that it will hold a conference call on Wednesday, August 14, 2024 at 5:00 p.m. EDT to discuss financial results for its second quarter 2024 ended June 30, 2024. The news release announcing the second quarter 2024 financial results will be disseminated on August 14, 2024 after the ma.

ESS Inc. Schedules Second Quarter 2024 Financial Results Conference Call

WILSONVILLE, Ore.--(BUSINESS WIRE)--ESS Tech, Inc. (ESS) (NYSE: GWH), a leading manufacturer of long-duration energy storage systems (LDES) for commercial and utility-scale applications, today announced that a financing package of $50 million was approved by the Export-Import Bank of the United States (EXIM) Board of Directors under the Make More in America Initiative. This financing will fund the expansion of ESS' production capacity in Wilsonville, Ore. to meet rapidly growing global demand f.

Make More in America Initiative to Fund Expansion of ESS's Long-Duration Energy Storage Manufacturing Capacity

WILSONVILLE, Ore.--(BUSINESS WIRE)--ESS Tech, Inc., (ESS) (NYSE: GWH), a leading manufacturer of long-duration energy storage (LDES) systems for commercial and utility-scale energy storage applications, today announced that it will participate in the Rapid Integration and Commercialization Unit (RICU) at Marine Corps Air Station Miramar. The RICU is a living laboratory for testing how leading LDES technologies can be integrated into utility-scale microgrid applications. The RICU is a venture be.

ESS' Iron Flow Batteries Selected by Indian Energy and the California Energy Commission to Demonstrate Utility-Scale Resilient Microgrids

MUNICH--(BUSINESS WIRE)--ESS Tech, Inc. (ESS) (NYSE: GWH), a leading manufacturer of long-duration energy storage systems (LDES) for commercial and utility-scale applications, today announced that its Energy Center™ system was awarded the Smarter E Award for Energy Storage Technologies at the smarter E Award ceremony occurring in advance of Intersolar Europe in Munich, Germany. The smarter E Award is adjudicated by a select group of independent industry experts, analysts and academics, and is o.

ESS's Energy Center Receives Smarter E Innovation Award Underscoring Critical Role of LDES in Clean Energy Transition

BURBANK, Calif.--(BUSINESS WIRE)--ESS Tech, Inc., (ESS) (NYSE: GWH) a leading manufacturer of long-duration energy storage (LDES) systems for commercial and utility-scale energy storage applications, and Burbank Water and Power (BWP) today celebrated the commissioning of BWP's first LDES system. “This project represents a major step toward achieving our goal of 100% carbon free power by 2040,” said Mandip Samra, General Manager of BWP. “The Energy Warehouse™ battery will enable our team to gain.

ESS and Burbank Water & Power Celebrate Commissioning of First Iron Flow Battery System on BWP EcoCampus

WILSONVILLE, Ore.--(BUSINESS WIRE)--ESS Tech, Inc. (“ESS,” “ESS Inc.”) (NYSE:GWH), a leading manufacturer of long-duration energy storage systems (LDES) for commercial and utility-scale applications, announced today that ESS management will present at upcoming investor conferences in May. Eric Dresselhuys, chief executive officer, and Tony Rabb, chief financial officer, will present virtually at the Deutsche Bank 2024 Global Solar & Clean Tech Conference on Thursday, May 16 at 11:30 a.m. ET.

ESS Inc. to Present at the Deutsche Bank 2024 Global Solar & Clean Tech Conference and the TD Cowen 2nd Annual Sustainability Week

ESS Tech, Inc. (NYSE:GWH ) Q1 2024 Results Conference Call May 7, 2024 5:00 PM ET Company Participants Erik Bylin - Head, IR Eric Dresselhuys - CEO Tony Rabb - CFO Conference Call Participants Colin Rusch - Oppenheimer Corinne Blanchard - Deutsche Bank Operator Ladies and gentlemen, thank you for standing by. At this time, all participants are in a listen-only mode.

ESS Tech, Inc. (GWH) Q1 2024 Earnings Call Transcript

WILSONVILLE, Ore.--(BUSINESS WIRE)--ESS Tech, Inc. (“ESS,” “ESS, Inc.” or the “Company”) (NYSE: GWH), a leading manufacturer of long-duration energy storage systems for commercial and utility-scale applications, today announced financial results for its first quarter ended March 31, 2024. “I'm pleased with the team's execution in the first quarter, where we again made tremendous progress across a broad number of fronts and achieved $2.7 million in revenue, a seven-fold increase over last year.

ESS Tech, Inc. Announces First Quarter 2024 Financial Results

WILSONVILLE, Ore.--(BUSINESS WIRE)--ESS Tech, Inc. (“ESS”) (NYSE: GWH), a leading manufacturer of long-duration energy storage systems (LDES) for commercial and utility-scale applications, today announced that it has partnered with Sapele Power Plc (“Sapele”), a leading Nigerian integrated energy company specializing in power generation, to provide an initial 1 MW / 8 MWh of long-duration energy storage. This agreement represents the largest battery storage system export to Africa financed by t.

ESS to Deliver Long-Duration Energy Storage Solutions to Sapele Power to Improve Generation Efficiency

AMSTERDAM--(BUSINESS WIRE)--ESS Tech, Inc. (ESS) (NYSE: GWH), a leading manufacturer of long-duration energy storage (LDES) systems for commercial and utility-scale applications, today announced that commissioning has been completed on the initial system installed at Amsterdam Airport Schiphol. This marks the launch of a project designed to reduce carbon emissions by electrifying ground operations. The ESS system will enable Amsterdam Airport Schiphol to phase out polluting diesel ground power.

ESS Technology Takes Off at Schiphol to Decarbonize Air Transportation

WILSONVILLE, Ore.--(BUSINESS WIRE)--ESS Tech, Inc. (“ESS,” “ESS Inc.”) (NYSE:GWH), a leading manufacturer of long-duration energy storage systems (LDES) for commercial and utility-scale applications, today announced that it will hold a conference call on Tuesday, May 7, 2024 at 5:00 p.m. EDT to discuss financial results for its first quarter 2024 ended March 31, 2024. The news release announcing the first quarter 2024 financial results will be disseminated on May 7, 2024 after the market closes.

ESS Inc. Schedules First Quarter 2024 Financial Results Conference Call

WILSONVILLE, Ore.--(BUSINESS WIRE)--ESS Tech, Inc. (ESS) (NYSE: GWH), a leading manufacturer of long-duration energy storage systems (LDES) for commercial and utility-scale applications, today announced that the company's Energy Center product line has passed rigorous testing and meets the requirements for the highest level of IEEE 693 certification, a widely-accepted seismic rating for energy infrastructure. This standard provides assurance that the Energy Center product line qualifies for dep.

ESS' Energy Center is First LDES Solution to Receive IEEE 693 Rating Demonstrating Resilience Against Seismic Events

ESS Tech, Inc. (GWH) Q4 2023 Earnings Call Transcript

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