ESS Announces Actions to Position the Company for the Future
Kelly Goodman, current Vice President of Legal, has been appointed interim CEO. Eric Dresselhuys has resigned from the role of CEO and as a member of the Board of Directors of the Company.
Kelly Goodman, current Vice President of Legal, has been appointed interim CEO. Eric Dresselhuys has resigned from the role of CEO and as a member of the Board of Directors of the Company.
ESS 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 financing package.
ESS filed a preliminary proxy statement with the U.S. Securities and Exchange Commission regarding a special stockholder meeting expected to be held on August 23, 2024 to authorize ESS’s Board of Directors to enact a reverse stock split.
ESS 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 for LDES.
ESS Tech, Inc. announced that it will participate in the Rapid Integration and Commercialization Unit (RICU) at Marine Corps Air Station Miramar. The RICU is a venture between Indian Energy, the California Energy Commission (CEC), and the Department of Defense (DOD) to validate LDES technologies.
ESS 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.
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