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 2023

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Honeywell

Honeywell is investing in ESS Tech, an iron flow battery company that can provide backup power storage for utilities.

Honeywell Investment in Battery Storage Sends This Stock Soaring

ESS is partnering with Honeywell to advance its iron flow battery tech. If the tech works as planned, it could help utilities store renewable energy for when it's needed.

Why ESS Tech Stock Surged Higher Today

Honeywell (NYSE:HON) has invested in ESS Tech as part of a strategic collaboration with the energy technology company to advance the development and commercialization of iron flow battery (IFB) energy storage systems. The company said in a statement that the strategic collaboration brings together Honeywell (NYSE:HON)'s experience in advanced materials and energy systems with ESS' patented IFB design with the aim of tapping into growing global demand for long-duration energy storage solutions.

Honeywell partners with ESS Tech to fast-track commercialization of iron flow battery energy storage systems

CHARLOTTE, N.C. & WILSONVILLE, Ore.--(BUSINESS WIRE)--Honeywell (Nasdaq: HON) today announced a strategic collaboration with ESS Tech, Inc. (ESS) (NYSE: GWH) to advance technology development and market adoption of iron flow battery (IFB) energy storage systems. Honeywell has made an investment in ESS as part of this collaboration. The relationship builds upon each company's development of energy storage systems, and brings together ESS' market-leading, patented IFB design with Honeywell's adva.

Honeywell and ESS Tech, Inc. Collaborate to Accelerate Commercial Deployment of Iron Flow Battery Energy Storage Systems

LAS VEGAS--(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 been awarded an Export Achievement Certificate by the United States Department of Commerce for expanding global deployment of its American-made, innovative long-duration energy storage technology. ESS was recognized in a ceremony yesterday during RE+ to honor clean energy technology export.

ESS Recognized as Leading American Clean Technology Exporter by U.S. Department of Commerce

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 completed commissioning of six Energy Warehouse™ systems delivered to the Sacramento Municipal Utility District (SMUD), the nation's sixth-largest community-owned electric service provider. The six Energy Warehouse™ systems represent the first delivery under a framework agreement f.

ESS Commissions First Iron Flow Battery Deployment for Sacramento Municipal Utility District

WILSONVILLE, Ore.--(BUSINESS WIRE)--ESS Tech, Inc. (“ESS”) (NYSE: GWH), a leading manufacturer of long-duration energy storage (LDES) for commercial and utility-scale applications, today announced Harry Quarls has joined the ESS Board of Directors as Chairman. Michael Niggli, the ESS Founding Board Chairman, will remain on the board to assist with this transition and continue providing insights from his four decades as a utility executive. With over 40 years of energy experience, Mr. Quarls bri.

Harry Quarls Joins ESS Board of Directors as Chairman

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 the expansion of its executive leadership team. Jeff Loebbaka has been named Chief Commercial Officer, adding significant depth to ESS leadership as the company continues to grow its global footprint and deliver long-duration energy storage solutions to customers worldwide. “Jeff brings a weal.

Jeff Loebbaka Joins ESS as Chief Commercial Officer to Drive Growth and Maximize Customer Value

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, hosted Senator Ron Wyden (D-Ore.), Dr. Christopher Saldaña, Director of the Advanced Materials & Manufacturing Office at the U.S. Department of Energy, and Andrew Reagan, Executive Director of Clean Energy for America yesterday at the company's headquarters and U.S. manufacturing facility in Wilsonville,.

Senator Ron Wyden and Senior Officials Join ESS to Celebrate a Year of Achievement in American Clean Tech Manufacturing

ESS Tech, Inc. (NYSE:GWH ) Q2 2023 Earnings Conference Call August 8, 2023 5:00 PM ET Company Participants Erik Bylin - Head-Investor Relations Eric Dresselhuys - Chief Executive Officer Tony Rabb - Chief Financial Officer Conference Call Participants Thomas Boyes - TD Cowen Colin Rusch - Oppenheimer Corinne Blanchard - Deutsche Bank Davis Sunderland - Baird Operator Ladies and gentlemen, thank you for standing by. At this time, all participants are in a listen-only mode.

ESS Tech, Inc. (GWH) Q2 2023 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 second quarter ended June 30, 2023. “I'm proud of the progress ESS made in the second quarter, recognizing record revenue of $2.8 million and delivering nine Energy Warehouses to four different customers. We've made significant improvements acro.

ESS Tech, Inc. Announces Second Quarter 2023 Financial Results

WILSONVILLE, Ore.--(BUSINESS WIRE)--ESS Tech, Inc. (“ESS,” “ESS Inc.”) (NYSE:GWH), a leading global manufacturer of long-duration energy storage systems, announced today that Eric Dresselhuys, chief executive officer, and Tony Rabb, chief financial officer, will present at the Canaccord Genuity 43rd Annual Growth Conference in Boston on Wednesday, August 9 at 11:00 a.m. ET. A live webcast of the presentation will be available on ESS' Investor Relations website at http://investors.essinc.com/. A.

ESS Inc. to Present at the Canaccord Genuity 43rd Annual Growth Conference

WILSONVILLE, Ore.--(BUSINESS WIRE)--ESS Tech, Inc. (“ESS,” “ESS Inc.”) (NYSE:GWH), a leading global manufacturer of long-duration energy storage systems, announced today that it will hold a conference call on Tuesday, August 8, 2023 at 5:00 p.m. EDT to discuss financial results for its second quarter 2023 ended June 30, 2023. The news release announcing the second quarter 2023 financial results will be disseminated on August 8, 2023 after the market closes. Interested parties may join the confe.

ESS Inc. Schedules Second Quarter 2023 Financial Results Conference Call

WILSONVILLE, Ore.--(BUSINESS WIRE)--ESS Tech, Inc. (“ESS”) (NYSE:GWH) is pleased to announce that, on June 29, 2023, the previously disclosed class action suit was voluntarily dismissed without any payment or other consideration from ESS. The suit was largely based upon assertions in the flawed Grizzly Research report published in December of 2022. As ESS has consistently stated, the short seller report contained numerous false and misleading assertions and allegations, including claims related.

Short Seller-Driven Class Action Suit Dismissed

ESS Tech has just announced a grid scale battery in Germany. The first phase of this project should generate $100mm in revenue for ESS -- about half its current equity capitalization. The ultimate storage aspect of this project may be 4x to 6x the size of this initial first phase, in terms of storage capacity.

ESS Tech: A Very Big Battery In Germany

Lockheed Martin

Battery Energy Storage is in good shape with lithium batteries for short-term (0-4 hr) storage; flow batteries showing promise for 6-24 hr storage and scaling up. Lockheed Martin building a 10 MWh facility at military base in Colorado, while ESS struggles with shipping its iron-flow battery product currently. RedFlow (3 GWh long duration storage implemented) after success with 2 MWh facility now building a 20 MWh facility in California.

Flow Batteries: Progress At ESS, Lockheed Martin And RedFlow

MUNICH--(BUSINESS WIRE)--Today, ESS Tech Inc. (NYSE:GWH) (“ESS”), a leading global manufacturer of long-duration energy storage systems, and LEAG, a major German energy provider, signed an initial agreement to accelerate the clean energy transition through the deployment of renewable generation and long-duration energy storage (LDES) using ESS iron flow battery technology. Following the execution of definitive agreements and normal financial close, anticipated in Q3 2023, LEAG and ESS plan to b.

LEAG and ESS to Develop Clean Energy Hub for Germany

WILSONVILLE, Ore.--(BUSINESS WIRE)--ESS Tech Inc. (“ESS”) (NYSE:GWH), a leading manufacturer of flexible, sustainable and responsible long-duration energy storage systems for commercial and utility-scale applications, today announced that its Energy Warehouse products have been certified to the UL 9540 standard by ETL. UL 9540 is a comprehensive safety standard for grid-connected energy storage systems which affirms the safety of the battery system and its environmental performance. The standar.

ESS Energy Warehouse Receives Further Safety Certification

WILSONVILLE, Ore.--(BUSINESS WIRE)--ESS Tech, Inc. (“ESS,” “ESS Inc.”) (NYSE:GWH), a leading manufacturer of long-duration energy storage systems for commercial and utility-scale applications, announced today that ESS management will present at upcoming investor conferences in May and June. Eric Dresselhuys, chief executive officer, and Tony Rabb, chief financial officer, will present virtually at the Deutsche Bank 2023 Solar & Clean Tech Conference on Thursday, May 18 at 11:40 a.m. ET. Eri.

ESS Inc. to Present at the Deutsche Bank 2023 Solar & Clean Tech Conference and the TD Cowen Sustainability Week

ESS Tech, Inc. (NYSE:GWH ) Q1 2023 Results Conference Call May 9, 2023 4:30 PM ET Company Participants Eric Dresselhuys - Chief Executive Officer Vince Canino - COO Benjamin Heng - SVP of Engineering Mark Bindon - Vice President of Customer Success Steve Figgatt - CEO, Sycamore International Paul Lau - Manager, Tech Solutions Architect Tony Rabb - Chief Financial Officer Conference Call Participants Colin Rusch - Oppenheimer Chip Moore - EF Hutton Elijah Obasanya - Loop Capital Operator Welcome to ESS Tech, Inc.'s First Quarter 2023 Earnings Call and Operational Review. Please be advised that our remarks today, including the answers to your questions, may include forward-looking statements within the meaning of the Private Securities Litigation Reform Act.

ESS Tech, Inc. (GWH) Q1 2023 Earnings Call Transcript

ESS Tech, Inc. (GWH) came out with a quarterly loss of $0.14 per share versus the Zacks Consensus Estimate of a loss of $0.17. This compares to loss of $0.15 per share a year ago.

ESS Tech, Inc. (GWH) Reports Q1 Loss, Lags 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 for commercial and utility-scale applications, today announced financial results for its first quarter of 2023 ended March 31, 2023. “ESS built nine Energy Warehouses in Q1, continuing our strong pace of production from Q4 and proving out the improved scale of our production capacity. While we continue to make progress operationally.

ESS Tech, Inc. Announces First Quarter 2023 Financial Results

WILSONVILLE, Ore.--(BUSINESS WIRE)--ESS Tech, Inc. (“ESS,” “ESS Inc.”) (NYSE:GWH), a leading manufacturer of long-duration energy storage systems for commercial and utility-scale applications, announced today that it will hold a webcast conference call on Tuesday, May 9, 2023 from 4:30 to 5:30 p.m. EDT to discuss financial results for its first quarter 2023 ended March 31, 2023, followed by an operational update. The news release announcing the first quarter 2023 financial results will be disse.

ESS Inc. Schedules First Quarter 2023 Financial Results and Operational Update Conference Call

WILSONVILLE, Ore.--(BUSINESS WIRE)--ESS Tech, Inc. (“ESS”) (NYSE:GWH), a leading manufacturer of long-duration energy storage systems for commercial and utility-scale applications, has been awarded over 20 additional patents for the company's industry-leading iron flow battery (IFB) technology since the beginning of 2022. This brings the total number of patents held by the company to 62 worldwide with a further 225 applications filed. Founded in 2011, ESS has built an extensive portfolio of pat.

ESS Reinforces Leadership Position in Long-Duration Energy Storage with Over 20 Additional Patents Awarded

WILSONVILLE, Ore.--(BUSINESS WIRE)--ESS Tech, Inc. (“ESS”) (NYSE: GWH), a leading manufacturer of long-duration energy storage systems for commercial and utility-scale applications, today announced that it will deliver three Energy Warehouse systems to Coldwell Solar, a major developer and builder of renewable energy projects for California's commercial, agricultural and utility sectors.

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