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ESS Tech, Inc. Announces $15 Million Registered Direct Offering Priced at a Premium to Market
ESS Tech, Inc. (NYSE: GWH) (the “Company”), a leading manufacturer of long-duration energy storage systems (LDES) for commercial and utility-scale applications, today announced that it has entered into definitive agreements in a registered direct offering with institutional investors for the purchase and sale of approximately $15 million of shares of Common Stock and pre-funded warrants at a price of $1.75 per share of Common Stock, which price is a premium to the closing price on January 28, 2026.
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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.
ESS’s Saltwater Flow Batteries Are Starting To Gain Traction
Flow batteries are a strong contender to provide storage capacity, and when that inflection point is reached, ESS and its investors look well-positioned to benefit given iron redox flow batteries advantages over vanadium and lithium-ion.
Solar Investors Guide #4: Long-term storage with iron flow technology
In this episode, Alan Greenshields, Director EMEA, talks about long-term storage systems and the prospect of iron flow technology—powered by sustainable materials like iron, salt, and water—will transform energy storage as we know it.
ESS Celebrates Commercial Launch of Energy Center™ Product
ESS Celebrates Commercial Launch of Energy Center™ Product First commercial deliveries to Florida utility and construction of demonstration Energy...
Tech Innovations Drive Sustainability in the Energy Sector
Energy Digital speaks to execs at Intersolar in Munich to explore how technology is leveraged in the energy industry & how it is propelling sustainability.
ESS uses iron flow battery deployments to adapt to new customer requirements
Oregon-based flow-battery developer ESS Inc. says it is learning from its existing deployment projects to scale up and modify its long-duration energy storage (LDES) technology to meet a wider variety of requirements.
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