Press Releases
Latest news
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.
ESS Recognized as TIME Top GreenTech Company and one of Fortune’s Most Innovative Companies in America for 2025
Awards highlight ESS’ commitment to innovative technology and solving America’s tough energy challenges including rapidly growing AI data center demand,...
ESS Global Fleet Achieves Operational Milestone Surpassing 2 GWh of Transacted Energy
Additional Energy Center™ products are delivered to Florida utility and product line achieves safety and operational certifications. Wilsonville, Ore. –...
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 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 Center™...
ESS’ Australian Partner Raises AU$65M in Public and Private Funds to Accelerate Iron Flow Deployments
Investment will support achievement of Energy Storage Industries – Asia Pacific’s 400MW annual iron flow battery production target using ESS technology ...
ESS Celebrates $50M Manufacturing Expansion at Oregon Headquarters Funded by U.S. Export-Import Bank’s Make More in America Initiative
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 Reverse Stock Split Statement
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.
Make More in America Initiative to Fund Expansion of ESS’ Long-Duration Energy Storage Manufacturing Capacity
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.
