William Reynolds 🔋

Husband. Dad. Product manager. Stock investor. @UVa Hoo. What I love: technology helping people.

[William Reynolds 🔋 @dailycavalier]

@bercankilic Shift

[William Reynolds 🔋 @dailycavalier]

@KenjiCapital I agree, but the artist (my wife) is actually Thirst and Thrive. She sells prints of this illustration on Etsy
https://t.co/eJjtiNTekq

[William Reynolds 🔋 @dailycavalier]

@ankurnagpal Solo

[William Reynolds 🔋 @dailycavalier]

I wish this article mentioned $EOSE at Camp Pendleton.

Interesting to learn about Sparkz though:
"their lithium-iron-phosphate batteries have a supply chain that is entirely based in the U.S....The company’s clients include data centers and utilities.

https://t.co/D99qfTJ3Es

[William Reynolds 🔋 @dailycavalier]

$EOSE

In Santa Cruz there is a rally against lithium fires and the Vistra Corp power plant (Moss Landing) happening on April 5. I visited the main street yesterday and saw these flyers on the store windows. I hope they know about the safe zinc bromide batteries that EOS makes.

[William Reynolds 🔋 @dailycavalier]

@temu143 @bluedoor626 @OBGInvestments @Fidelity Agreed. Kudos to Say for doing manual verification of shares in Fidelity
https://t.co/2jJSBeNM2r

[William Reynolds 🔋 @dailycavalier]

@bluedoor626 @OBGInvestments Say manually verified my Fidelity shares. "Send us a screenshot or PDF of your brokerage statement with your name and relevant holdings clearly visible. Feel free to redact any other information." Email to [email protected]

A few days later my shares appeared in Say.

[William Reynolds 🔋 @dailycavalier]

@bluedoor626 @OBGInvestments Say manually verified my Fidelity shares. "Send us a screenshot or PDF of your brokerage statement with your name and relevant holdings clearly visible. Feel free to redact any other information." Email to [email protected]

A few days later my shares appeared in Say.

[William Reynolds 🔋 @dailycavalier]

@Xgrocer @nav7634 contribution margin positive (greater than zero). Contribution margin = revenue - variable costs. This is a milestone on the path towards EOSE becoming a profitable company and investors are waiting to see this milestone achieved.

[William Reynolds 🔋 @dailycavalier]

@liolbl @dannycheng2022 @sam83375697 The thesis is explained in this tweet

[Gary Wentworth 🔋 @Cluster_6]

$EOSE America's Battery

EOS Energy Enterprises: Pioneering Zinc-Based Long-Duration Energy Storage
EOS Energy Enterprises specializes in zinc-based long-duration energy storage (LDES) systems, crucial for integrating renewable energy sources like solar and wind into the grid. With U.S. demand for LDES projected to reach 460 GW by 2050, EOS's advanced zinc-bromine battery technology positions the company at the forefront of this rapidly expanding market.

Technological Advancements and Manufacturing Milestones
Building upon zinc-bromine battery technology initially developed by Exxon in the 1970s, EOS has secured multiple new patents over the past decade, enhancing various aspects of its battery systems. In June 2024, EOS commenced commercial operations of its first state-of-the-art manufacturing line, producing the Z3 battery—its latest and most advanced system.

Strategic Partnerships and Financial Growth
Since going public in 2020 through a merger with a special purpose acquisition company (SPAC), EOS has navigated market challenges to secure critical investments. In August 2023, the company partnered with ACRO Automation Systems to design and implement high-output manufacturing lines for its zinc-based LDES systems. ACRO, based in Wisconsin, brings over 80 years of experience in custom-designed automated manufacturing systems, supporting EOS's commitment to domestic manufacturing and meeting the growing demand for sustainable energy solutions.

In June 2024, EOS secured a strategic investment of up to $315 million from Cerberus Capital Management, a firm with $65 billion in assets under management. This investment is aimed at supporting EOS's profitability roadmap, with Cerberus's operational and technical expertise expected to accelerate EOS's growth strategy and strengthen its industry position.

Further bolstering its financial foundation, EOS finalized a $303.5 million loan guaranteed by the U.S. Department of Energy (DOE) in December 2024. This funding, following a rigorous two-year vetting process that validated the technical strengths and commercial viability of EOS's battery technology, will support Project AMAZE. The initiative aims to expand the company's manufacturing capacity to 8 GWh by 2027, with $68.3 million of the loan already allocated toward procuring additional high-volume manufacturing lines.

Supply Chain Strengthening and Market Expansion
In January 2024, TETRA Technologies, a key supplier of high-purity zinc-bromide electrolyte essential to EOS's batteries, announced a significant multi-year capital investment to ensure a reliable supply of this critical material. Through its U.S.-based manufacturing process, TETRA will provide at least 75% of EOS's electrolyte needs, reinforcing a dependable supply chain and demonstrating confidence in EOS's technological advancements and market potential.

To further enhance its supply chain and manufacturing capabilities, EOS signed a Memorandum of Understanding in November 2024 with Wabash National Corporation, a leading manufacturer of advanced engineered solutions for the transportation, logistics, and distribution industries. This partnership is expected to improve EOS's supply chain efficiency, enabling the effective and reliable delivery of large-scale battery energy storage systems (BESS) across the U.S.

High-Profile Contracts and Strategic Collaborations
EOS continues to expand its market presence through significant partnerships and contracts. In December 2024, the company secured a 400 MWh order with International Electric Power to enhance resilience for a project at Marine Corps Base Camp Pendleton in California. This follows a 216 MWh order with City Utilities, underscoring EOS's growing influence in critical energy markets.

Additionally, in December 2024, EOS and FlexGen Power Systems announced a Joint Development Agreement (JDA) to create America's first fully integrated, domestically produced BESS. This collaboration combines EOS's Z3™ zinc-bromine batteries with FlexGen's HybridOS™ Energy Management System (EMS) to deliver comprehensive energy storage solutions tailored for long-duration applications. Targeting a substantial market opportunity with a combined pipeline exceeding 50 GWh, the partnership positions EOS to offer more competitive, scalable, and efficient products.

Infrastructure Expansion and Leadership Enhancement
To meet the increasing demand for American-made energy storage solutions, EOS received preliminary approval to construct a 181,000-square-foot facility on a 28-acre site at the former U.S. Steel Duquesne Works, located within the Regional Industrial Development Corporation (RIDC) industrial park along the Monongahela River. This facility, part of the Mon Valley expansion under Project AMAZE, will house new manufacturing lines dedicated to producing EOS's advanced zinc-based energy storage systems. Separately, EOS has announced plans to further expand its manufacturing capacity beyond the Mon Valley project, positioning the company to scale production significantly and solidify its leadership in the growing LDES market.

In alignment with its growth and innovation objectives, EOS is expanding its leadership team. In December 2024, Francis Richey was appointed Chief Technology Officer, bringing decades of experience in battery technology to advance EOS's zinc-bromine systems. The company also welcomed David Urban to its Board of Directors, whose expertise in government relations and public policy will assist EOS in navigating complex regulatory environments and capitalizing on opportunities created by the Inflation Reduction Act.

Market Position and Future Outlook
With endorsements from influential organizations and robust federal and state support, EOS is well-positioned to capture a significant share of the fast-growing LDES market. Experts estimate that LDES could deploy 1.5 to 2.5 terawatts of power capacity globally by 2040, representing an investment of $1.5 to $3 trillion. As the only player in the LDES space capable of scaling large utility orders, EOS is poised to lead the market's next phase of growth.

As of its third-quarter 2024 financial statements, EOS reported a commercial pipeline valued at $14.2 billion (±59 GWh), with an order backlog of $588.9 million (±2.3 GWh), reflecting strong demand and confidence in its innovative energy storage solutions.

[William Reynolds 🔋 @dailycavalier]

@bert_gilfoyle Fun. I’ve heard good things about Walkabout Mini Golf on VR. Creative designs and characters. You can even play with someone on a mobile phone. Looking forward to your thoughts on VR and batteries. Merry Christmas!

[William Reynolds 🔋 @dailycavalier]

@bert_gilfoyle Good insights as usual, thank you. You were missed!

[Emmet Peppers @EmmetPeppers]

Matt and I interviewed International Justice Mission Founder 1 year ago.

We discussed decades of @IJM's work to fight+deter human trafficking and slavery globally

I will donate $100 to https://t.co/r7OseIdqhf for each RT up to 1000 RTs

Join the fight - every action counts!

[William Reynolds 🔋 @dailycavalier]

@shappy Excited for this! Waking up early for it because I know it's going to be SO good.

[William Reynolds 🔋 @dailycavalier]

@EmmetPeppers Walk El Camino?

[William Reynolds 🔋 @dailycavalier]

@kavirkaycee 🤖

[William Reynolds 🔋 @dailycavalier]

@Appyg99 LX Factory. Go upstairs and explore the artist studios and galleries. Several shops and outdoor cafes on the ground level. Also, the Tile Museum is interesting.

[William Reynolds 🔋 @dailycavalier]

@ibestoic That is the plan!

[William Reynolds 🔋 @dailycavalier]

@avawinery what's the story behind your name, Ava Winery? Also, l love what you're doing!

[William Reynolds 🔋 @dailycavalier]

@lforrest we are updated. Go Giants!