FACNasdaqMiscellaneous Electrical Machinery, Equipment & SuppliesUS GAAP · USD

Factorial Energy Inc.

Factorial Energy Inc. is a U.S.-based company developing solid-state battery technology for electric vehicles and other energy-storage applications. Its business centers on advanced battery cells, materials, and manufacturing processes designed to improve energy density, safety, and performance compared with conventional lithium-ion batteries.

Liikevoitto (EBIT)−1,2milj. USD
Nettotulos6,2milj. USD

Tilikausi 2025 · muutos edellisvuodesta

Kehitys 2025–2025

−1,25−1,00−0,75−0,50−0,250,00milj. USD2025: EBIT −1,2 milj. USD2025−1,2
LiikevaihtoLiikevoitto (EBIT)

Liiketoiminta

Osuus liikevaihdosta
Solid-state battery cells45 %

Prototype and commercial battery cells using solid electrolytes for EV and storage use cases.

Battery materials and electrolyte systems25 %

Materials, formulations, and electrolyte technologies used in cell performance and safety.

Development and validation services15 %

Testing, qualification, and engineering support for battery integration and scale-up.

Manufacturing process development15 %

Process engineering and production methods intended to support battery manufacturing.

Asiakkaat

Factorial Energy serves automotive OEMs, battery partners, and other industrial customers that need next-generation battery technology for electrified platforms. Its customers typically buy to improve vehicle range, charging speed, safety, and packaging efficiency, or to evaluate solid-state chemistry for future production programs.

Automotive OEMs

Vehicle manufacturers that evaluate or source battery technology for electric vehicle programs and platform development.

Battery manufacturers

Cell makers and supply-chain partners that collaborate on materials, cell design, and scale-up.

Industrial mobility customers

Non-automotive users that need compact, safer, higher-density batteries for specialized applications.

Technology and development partners

Partners that support testing, validation, and commercialization of solid-state battery systems.

Strategia

Factorial Energy’s strategy is to advance solid-state battery technology from development into commercial deployment through partnerships with vehicle and battery manufacturers. The business depends on proving performance, manufacturability, and reliability at scale, because those factors determine whether customers adopt the technology in future platforms.

Commercialize solid-state battery technologyKeskipitkä aikaväli

Customer adoption depends on moving from lab-scale development to validated production-ready cells.

Strengthen manufacturing scalabilityKeskipitkä aikaväli

Battery economics and customer confidence depend on repeatable, high-yield production processes.

Secure strategic partnershipsLyhyt aikaväli

Partnerships help fund development, validate technology, and open access to OEM programs.

Maantiede

The company is based in the United States and its development, engineering, and commercialization activities are centered there. Its end markets are global because battery technology is typically sold into international automotive and industrial supply chains, but the available filings do not disclose a geographic revenue split.

Riskit

The company faces technology, commercialization, and execution risk because solid-state batteries must meet demanding performance and manufacturing targets before broad adoption. As a development-stage battery company, it is also exposed to funding needs, partner dependence, and the possibility that competing chemistries or incumbent lithium-ion improvements reduce the addressable market.

Järjestetty vakavuuden mukaan
MatalaKohtalainenKorkeaMatalaKohtalainenKorkeaVaikutus →Todennäköisyys →Technology scale-up risk1Funding and liquidity risk2Commercial adoption risk3Competitive technology risk4
Vaikutus on riskin vakavuus ja todennäköisyys sen toteutumisen todennäköisyys lähivuosina, molemmat arvioitu yhtiön raporttien perusteella. Numerot vastaavat listaa.
  1. Technology scale-up riskVaikutus: KorkeaTodennäköisyys: Korkea

    Solid-state batteries can perform well in development but fail to reach cost, yield, or durability targets in production.

    Kohdistuu: Cell chemistry and manufacturing process development

  2. Funding and liquidity riskVaikutus: KorkeaTodennäköisyys: Korkea

    Development-stage battery companies often require substantial external capital before product revenue is established.

    KohdistuuResearchPilot productionScale-up spending
  3. Commercial adoption riskVaikutus: KorkeaTodennäköisyys: Kohtalainen

    Automotive customers require long qualification cycles and may delay or cancel programs if performance is insufficient.

    Kohdistuu: OEM and battery partner programs

  4. Competitive technology riskVaikutus: KeskitasoTodennäköisyys: Kohtalainen

    Incumbent lithium-ion improvements or alternative chemistries may narrow the advantage of solid-state batteries.

    Kohdistuu: EV and energy-storage markets

Kirjanpito

Harkinnanvaraiset erät
Development-stage expense recognition

Research, testing, and scale-up costs may be expensed as incurred, affecting reported losses and comparability over time.

Vaikutus: R&D and pilot-program spending

Fair value measurements

Any warrants, contingent instruments, or strategic investments may require valuation assumptions that can move earnings.

Vaikutus: Non-cash gains or losses

Impairment of capitalized assets

If commercialization or scale-up plans change, capitalized development assets or intangibles may need write-downs.

Vaikutus: Balance sheet carrying values

Julkisesti listattuja yhtiöitä, joilla on samankaltainen liiketoiminta.

Päivitetty: 24.9.2026