Summary
Solid Power: A Cash-Backed Speculative Buy On Solid-State Battery Disruption
Solid Power is a high-risk, cash-rich play on solid-state battery disruption, rated Speculative Buy for asymmetric upside. SLDP's differentiated model focuses on supplying sulfide-based electrolytes and licensing technology, avoiding capital-intensive cell manufacturing. Recent milestones include BMW i7 prototype integration, Samsung SDI collaboration, and SK On pilot line validation, enhancing credibility and ecosystem strength.
Solid Power: Risky, Early, But Finally Cheap Enough To Buy
Solid Power remains a high-risk solid-state battery name, but the balance sheet gives it time. SP2.5 commissioning by year-end is the nearest operational catalyst. The stock is not cheap on sales alone, but cash plus commercialization optionality makes it interesting.
Solid Power: It Is Frustrating
Solid Power, Inc. remains a high-risk, high-reward speculative buy, with shares back near $3 and a fortified cash position. Completion of site acceptance testing for SK On in Korea marks a critical operational milestone, validating SLDP's technology on three continents. Liquidity is sufficient through 2026 despite ongoing cash burn and limited near-term revenue.
Solid Power, Inc. Investors
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| CE Curtis Ellergodt Rothschild Investment LLC | 710 | $745.67 | $1,718.2 | $972.53 | 130.42% |
| JD Jim Dushek HARBOUR INVESTMENTS Inc. | 10 | $18.9 | $24.1 | $5.2 | 27.51% |
| BG Bart Gancher Intech Investment Management LLC | 44,779 | $50,880.27 | $108,145.76 | $57,265.49 | 112.55% |
 Point72 Asset Management LP Point72 Asset Management LP | 574,425 | $2.44M | $1.38M | -$1.06M | -43.34% |
| YA Yinka Akinsola Blue Trust Inc. | 292 | $741.68 | $703.19 | -$38.49 | -5.19% |
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Solid Power, Inc. Profile
| Electrical Equipment Industry | Industrials Sector | John Van Scoter CEO | NASDAQ (NGS) Exchange | 83422N105 CUSIP |
| US Country | 230 Employees | - Last Dividend | - Last Split | 18 May 2021 IPO Date |
Overview
Solid Power, Inc. is an innovative company at the forefront of developing solid-state battery technologies primarily for the electric vehicle (EV) industry, among other markets in the United States. Founded in 2011, the company has established its headquarters in Louisville, Colorado, where it continues to pioneer in the realm of energy storage solutions. Solid Power’s mission revolves around enhancing the performance and safety of batteries for EVs and broad applications, marking a pivotal stride toward sustainable and efficient energy use.
Products and Services
- Sulfide-Based Solid Electrolyte:
Solid Power specializes in producing a sulfide-based solid electrolyte, crucial for the development of its solid-state batteries. This electrolyte is a key component that differentiates their batteries, offering higher efficiency and safety features compared to traditional liquid electrolytes used in lithium-ion batteries.
- Solid-State Cell Designs and Manufacturing Processes (Licensing):
The company licenses its innovative solid-state cell designs and manufacturing processes, allowing other companies to incorporate Solid Power’s cutting-edge technology into their products. This licensing model enables the wider adoption of solid-state battery technology across various industries.
- EV Cells:
Solid Power produces and sells EV cells in various sizes, including 0.2, 2, 20 ampere-hour capacities. These cells are designed specifically for electric vehicles, offering higher energy density and improved safety, which are critical for the automotive industry's shift towards electric mobility.
