Eos Energy Marks Five Years as a Public Company
Eos Energy Marks Five Years as a Public Company
A milestone built on grit, progress, and American manufacturing.
Eos Energy Enterprises, Inc. (NASDAQ: EOSE) an American energy company and leading provider of zinc-based battery energy storage solutions, is celebrating five years as a publicly traded company.
While Eos’ history and technology development extend well beyond the last five years, this milestone marks a pivotal moment in our evolution—one defined by resilience, innovation, and the relentless pursuit of progress. From expanding domestic manufacturing to delivering long-duration solutions that strengthen the grid, Eos has spent the last five years proving what American-made energy storage can achieve.
“Five years ago, Eos stepped onto the public stage. Since then, we’ve proven what we’re made of,” said Joe Mastrangelo, Chief Executive Officer of Eos. “This milestone celebrates the strength of our team, the confidence of our partners, and the progress we’ve made in building American-made energy storage solutions at scale. And we’re just getting started.”
Five Years of Progress
- 2021–2022: Delivered our first large-scale systems and validated real-world performance.
- 2023: Launched Z3™, setting a new standard for safe, long-duration storage.
- 2024: Closed a $303.5M loan from the U.S. Department of Energy—fueling Project AMAZE and our expanding U.S. manufacturing
- 2024: Secured an up to $315M strategic investment from Cerberus Capital Management, to propel our path to profitability.
- 2024: Drove automation breakthroughs at Turtle Creek, cutting cycle times below 10 seconds and improving material cost-out.
- 2025: Introduced DawnOS™, changing how storage is monitored, managed, and optimized.
- 2025: Expanded our U.S. footprint with new manufacturing and a Pittsburgh-based Software Hub under Project AMAZE.
- 2025: Secured nearly 1 GWh in strategic orders with leading partners including Frontier Power and MN8 Energy.
- 2025: Formed a strategic partnership with Talen Energy to expand energy storage across Pennsylvania, supporting rising demand and AI infrastructure.
- 2025: Built a commercial pipeline of $22.6B and achieved record quarterly revenue of $30.5M—double Q2 and nearly double all of 2024.
As the Company looks ahead and energy demands evolve, Eos remains focused on scaling American manufacturing, strengthening the grid and delivering safe, flexible solutions.
Better Never Stops—and neither do we.