Romeo Power, Inc. (RMO)
NYSE NYSE Primary Summary
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Romeo Power, Inc. Investors
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| NA Nizar Araji National Bank Of Canada /FI/ | 7,780 | $28,397 | $2,723 | -$25,674 | -90.41% |
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Romeo Power, Inc. Profile
| Automobile Components Industry | Consumer Discretionary Sector | Lionel E. Selwood Jr. CEO | NYSE Exchange | 776153108 CUSIP |
| US Country | 293 Employees | - Last Dividend | - Last Split | - IPO Date |
Overview
Romeo Power, Inc. operates as a forward-thinking energy storage technology company that focuses on the design and manufacturing of advanced lithium-ion battery modules and packs specifically aimed at the electrification of vehicles throughout North America. Since its inception in 2014 in Vernon, California, the company has positioned itself as a key player in the energy storage sector. On October 13, 2022, Romeo Power, Inc. became a subsidiary of Nikola Corporation, further expanding its reach and capabilities in the electric vehicle landscape. The company caters to a diverse clientele that includes manufacturers of commercial electric vehicles, electric powertrain converters, electric watercraft, fleet operators, as well as producers of automobiles and recreational vehicles.
Products and Services
- Battery Modules
Romeo Power designs and produces high-performance lithium-ion battery modules that provide reliable and efficient energy storage solutions tailored for various vehicle applications. These modules are engineered to meet the specific needs of electric vehicles, ensuring durability and optimal energy output.
- Complete Battery Packs
The company offers complete battery packs that integrate multiple battery modules, providing a comprehensive energy solution for electric vehicles. These packs are designed for maximum efficiency and safety, making them ideal for a variety of electrification projects.
- Battery Management System (BMS) Technologies
Romeo Power's sophisticated battery management system (BMS) technologies play a critical role in monitoring and managing the performance of battery packs. This technology ensures optimal battery performance, longevity, and safety, catering to the rigorous demands of modern electric vehicles.
- Non-Recurring Engineering (NRE) Services
The company provides essential non-recurring engineering services that cover vital stages of battery development, including design, prototyping, and thorough testing. These services enable clients to tailor battery solutions to their unique specifications and operational requirements.
