Solid Power Records $9.6 Million Loss in FY22 on Higher Operational Expenses

Total operating expenses for the year amounted to $70.9 million, up by 143%

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Developer of all-solid-state battery technology for electric vehicles (EV) Solid Power posted a net loss of $9.5 million for the financial year (FY) 2022 against a profit of $18 million recorded in FY 2021.

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