Freyr Battery Inc

FREYR Battery SA formed for the purpose of effecting a merger between Alussa Energy Acquisition Corp., FREYR AS, and other affiliated entities through a series of transactions. The company was founded by Peter Matrai, Torstein Dale Sjøtveit and Tom Einar Jensen on January 20, 2021 and is headquartered Luxembourg.

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FREYR Battery excels in Q4, eyes U.S. expansion amid challenges

FREYR Battery's Q4 2022 earnings call highlighted significant achievements, positive financial results, and strategic initiatives for future growth.
The company's strengths in technology, partnerships, and market responsiveness position it well for success, despite facing challenges in operations and financing.
With a proactive approach to opportunities in the U.S. market, strategic planning for raw material sourcing, and a focus on customer needs, FREYR demonstrates a promising outlook for 2023.

FREYR Battery Inc reports Q1 milestones and financing pursuits

FREYR Battery Inc made strides in Q1 2023 towards becoming a key player in the battery supply industry, despite reporting a net loss. The company is actively securing financing and raw materials for their projects, with a focus on capacity expansions. Challenges include safety incidents and awaiting government support for capital allocation decisions.

FREYR Battery Inc progresses on $1B equity raise and market positioning

FREYR Battery Inc's Q2 2023 earnings call highlighted operational progress, financial updates, and strategic initiatives for project financing and market positioning.
The company's leadership transition, focus on specialized products, and commitment to efficiency and sustainability position it well for market demand and industry growth.
Challenges in market competition, financing, and performance validation underscore the need for strategic management and innovation to drive success and investor confidence.
Opportunities in energy storage demand, government financing partnerships, and investor engagement present avenues for growth, market expansion, and revenue generation for FREYR.
FREYR Battery Inc advances operational and financial strategies for growth

FREYR reports Q3 loss, focuses on cost-cutting and strategic partnerships

FREYR is navigating challenges at CQP and Giga Arctic while focusing on cost reduction and strategic partnerships.
The company is strengthening its technology capabilities and pursuing opportunities in the ESS market.
Despite financial losses, FREYR aims to extend its cash runway through disciplined financial management.
Redomiciling to the U.S. showcases a strategic move to align with the country's battery manufacturing support.

FREYR Battery reports Q4 loss, eyes Giga America project success

FREYR Battery's Q4 2023 earnings call highlighted a mix of challenges and opportunities amidst rapid market growth. The company's focus on technology innovation, capital formation, and strategic partnerships positions it well for future success in the EV and energy storage sectors.

FREYR Battery reports Q1 loss, strong cash position; eyes growth

FREYR Battery is making strides in technology strategy and market focus, aiming to become a leading battery producer. Despite a net loss, the company ended Q1 2024 with a strong cash position and no debt. Challenges in financial optimization and capital discipline persist, but opportunities in the battery sector and project pipelines offer growth potential.

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FREYR Battery, Inc. engages in developing battery solutions. It focuses on energy storage systems and commercial mobility. The company was founded by Tom Einar Jensen, Peter Matrai, and Tore Ivar Slettemoen on August 31, 2023 and is headquartered in Newnan, GA.

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FREYR Battery is down around 3% for the year with common shares proving resilient against the broader stock market chaos. The battery company is flush with cash and held around $474.8 million on its balance sheet as of the end of its fiscal 2023 first quarter. Giga America is set to start the bulk of its production in 2026 as part of ambitious plans to build a 200 GWh annual battery cell production capacity by 2030.

FREYR Battery: Is It Time To Buy The Energy Storage Ramp Story?

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An analyst slashed the price target and downgraded Freyr's stock. The company doesn't expect to commence operations at its gigafactories until 2025.

Why Freyr Battery Stock Is Powering Down This Week

After reaching an important support level, FREYR Battery (FREY) could be a good stock pick from a technical perspective. FREY surpassed resistance at the 200-day moving average, suggesting a long-term bullish trend.

FREYR Battery (FREY) Recently Broke Out Above the 200-Day Moving Average

NEW YORK, OSLO, Norway & LUXEMBOURG--(BUSINESS WIRE)--FREYR Battery (NYSE: FREY) (“FREYR”), a developer of clean, next-generation battery cell production capacity, has announced that the company has been awarded a €100 million grant from the European Union (“EU”) to support development of FREYR's Giga Arctic project in Norway. The grant will be funded through the EU's Innovation Fund (“EUIF”) as part of the EU's efforts to promote localized production of battery solutions. “We are delighted wit.

FREYR Battery Awarded €100 Million EU Innovation Fund Grant

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Freyr Battery Powers Up After Successful Tests, NYSE Presentation

Companies are investing in battery technology to feed demand for electric vehicles and energy storage systems. Freyr Battery stock popped.

Freyr Battery Stock Soars. A Key Milestone May "Unlock" Funding.

Analysts at Morgan Stanley on Thursday upgraded their rating on Freyr SA FREY, +18.92% to the equivalent of buy, saying that the Norwegian battery maker's first investor day in New York City earlier in the week featured several “material milestones.” Those include manufacturing batteries at Freyr's demonstration production line in Norway, “early discussions” about diversifying battery tech, and expected progress on financing, the analysts said.

Freyr Battery stock gets upgrade to buy from Morgan Stanley after ‘material milestones'

An analyst upgraded Freyr's stock to overweight with a $13 price target. The company reported several achievements during a recent investor presentation.

Why Freyr Battery Stock Is Charging Higher Today

Freyr Battery (NYSE: FREY ) stock is on the move Thursday following positive coverage from analysts at Morgan Stanley. Morgan Stanley analyst Adam Jonas upgraded shares of FREY stock from “equal weight” to “overweight” today.

FREY Stock Price Prediction: Is Freyr Battery Really Worth $13?

NEW YORK & OSLO, Norway & LUXEMBOURG--(BUSINESS WIRE)--FREYR Battery (NYSE: FREY) (“FREYR”), a developer of clean, next-generation battery cell production capacity, announced ahead of today's inaugural Capital Markets Day that the company has assembled and successfully charged its first semi-automated battery unit cells at the CQP in Mo i Rana, Norway. Tom Einar Jensen, FREYR's Co-founder, and Chief Executive Officer, commented “I am delighted with the progress our organization has made to adva.

FREYR Battery Announces Key Achievements Ahead of Capital Markets Day

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FREYR Battery SA (NYSE:FREY ) Q1 2023 Earnings Conference Call May 15, 2023 7:30 AM ET Company Participants Jeremy Bezdek - EVP, Global Corporate Development & President, FREYR Battery U.S. Tom-Einar Jensen - Co-Founder & CEO Jan Haugan - COO Jeffrey Spittel - VP, IR Oscar Brown - Group CFO Conference Call Participants Gabriel Daoud - TD Cowen Gregory Lewis - BTIG Philipp Koenig - Goldman Sachs Group Operator Welcome to the FREYR First Quarter 2023 Earnings Conference Call. My name is Bruno, and I'll be the operator for today.

FREYR Battery SA (FREY) Q1 2023 Earnings Call Transcript

FREYR Battery NYSE: FREY is emerging as an exciting play on electrification. While some are focused on building vehicles or generating clean power, FREYR aims to produce energy storage solutions for all uses.

FREYR Battery Is An Interesting Play On EVs: At Rock Bottom

NEW YORK & OSLO, Norway & LUXEMBOURG--(BUSINESS WIRE)--FREYR Battery (NYSE: FREY) (“FREYR” or the “Company”), a developer of clean, next-generation battery cell production capacity, today reported financial results for the first quarter of 2023. Highlights of the First Quarter 2023 and Subsequent Events: In March, FREYR hosted customers, strategic partners, government officials, and other key stakeholders at the Chapter One opening event at the Company's Customer Qualification Plant (“CQP”) in.

FREYR Battery Reports First Quarter 2023 Results

NEW YORK & OSLO, Norway & LUXEMBOURG--(BUSINESS WIRE)--FREYR Battery (NYSE: FREY) (“FREYR”), a developer of clean, next-generation battery cell production capacity, has announced a change to the 2Q 2023 conference call schedule. To accommodate broader audience participation, the conference call is now scheduled to begin on May 15, 2022, at 8:30 am U.S. Eastern Daylight Time (2:30 pm Central European Time), from a prior scheduled start time of 7:30 am U.S. Eastern Daylight Time (1:30 pm Central.

FREYR Battery Announces Change to First Quarter 2023 Earnings Conference Call Schedule

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NEW YORK, OSLO, Norway & LUXEMBOURG--(BUSINESS WIRE)--FREYR Battery (NYSE: FREY) (“FREYR”), a developer of clean, next-generation battery cell production capacity, will publish a press release detailing first quarter 2023 results and conduct a conference call on May 15, 2023. The first quarter 2023 press release will be issued by 6:00 am U.S. Eastern Daylight Time (12:00 pm Central European Time). The conference call is scheduled to begin at 7:30 am U.S. Eastern Daylight Time (1:30 pm Central E.

FREYR Battery Announces First Quarter 2023 Earnings Release and Conference Call

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Luxembourg-based Freyr Battery sealed its partnership with Siemens at the Hannover Messe conference on Monday, making the German technology company its preferred supplier in automation and digitalization technology.

Freyr Battery teams up with Siemens on gigafactories

Freyr Battery announced the start of discussions regarding an alliance with Siemens, Glencore, Caterpillar, and Nidec. The company recently commenced operations at its Customer Qualification Plant.

Why Freyr Battery's Stock Is Climbing Higher This Week

Here is how FREYR Battery (FREY) and Par Petroleum (PARR) have performed compared to their sector so far this year.

News for Freyr Battery Inc Stock (FREY)