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LOUISVILLE, Colo.--(BUSINESS WIRE)-- Solid Power, Inc. (Nasdaq: SLDP), a leading U.S.-based developer of solid-state battery technology, today announced that it has begun commissioning MOBIUS™, its continuous manufacturing pilot line for sulfide-based solid electrolyte. Previously referred to as the SP2.5 Continuous Manufacturing Pilot Line, MOBIUS™ has reached substantial completion of construction at Solid Power’s SP2 facility in Thornton, Colorado, and materials are now being introduced into the line. MOBIUS™ supports Solid Power’s objective to manufacture and sell electrolyte to Tier 1 battery manufacturers and automotive original equipment manufacturers (OEMs).

“Bringing the promise of MOBIUS™ to fruition is a proud moment for our team and a critical step in positioning Solid Power for commercial readiness and long-term stockholder value creation,” said John Van Scoter, President and Chief Executive Officer of Solid Power, Inc. “The name MOBIUS™ reflects what sets this line apart: continuous production designed to deliver the process control, repeatability, and scale our partners expect from a commercial electrolyte supplier. With MOBIUS™, we expect to increase our electrolyte production capacity at SP2 in Thornton, Colorado, by 150%, and we look forward to bringing the line into full operation and supporting material qualification with our partners.”

Solid Power has also completed SAT for primary powder processing on MOBIUS™ and expects to complete full SAT by the end of October 2026. SAT is an activity performed with Solid Power and the equipment manufacturer in parallel to confirm that the equipment works as specified and designed before progressing into production. With commissioning underway, Solid Power continues to work toward plant validation and operational startup, which remain planned for the fourth quarter of 2026.

MOBIUS™ is designed to add 45 metric tons of solid electrolyte production capacity per year. Following commissioning, total electrolyte production capacity at the SP2 facility is expected to reach approximately 75 metric tons per year. MOBIUS™ will operate alongside the facility’s existing batch production lines, using what Solid Power believes is the world’s first continuous manufacturing process for sulfide-based solid electrolyte.

MOBIUS™ plays a central role in Solid Power’s commercial readiness. Solid Power believes continuous manufacturing is fundamental to achieving the volume, consistency, and cost required for commercial electrolyte supply, and expects continuous production to deliver tighter process control and more consistent output than batch processing. MOBIUS™ will also support material qualification with automotive and cell manufacturing partners as Solid Power advances toward commercial electrolyte supply.

MOBIUS™ was built as part of a project supported by the U.S. Department of Energy (DOE) through an assistance agreement providing up to $50 million in federal funding.

About Solid Power, Inc.

Solid Power is developing solid-state battery technology to enable the next generation of batteries for the fast-growing EV and other markets. Solid Power’s core technology is its electrolyte material, which Solid Power believes can enable extended driving range, longer battery life, improved safety, and lower cost compared to traditional lithium-ion. Solid Power’s business model – selling its electrolyte to cell manufacturers and licensing its cell designs and manufacturing processes – distinguishes the company from many of its competitors who plan to be commercial battery manufacturers. Ultimately, Solid Power endeavors to be a leading producer and distributor of sulfide-based solid electrolyte material for powering both EVs and other applications.

Forward-Looking Statements

All statements other than statements of present or historical fact contained herein are “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including Solid Power’s or its management team’s expectations, objectives, beliefs, intentions or strategies regarding the future. When used herein, the words “could,” “should,” “will,” “may,” “believe,” “anticipate,” “intend,” “estimate,” “expect,” “project,” “plan,” “outlook,” “seek,” the negative of such terms and other similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain such identifying words. These statements may include, but are not limited to, statements regarding the commissioning, site acceptance testing, validation, operational startup, anticipated production capacity and anticipated benefits of MOBIUS™ and Solid Power’s SP2 facility, Solid Power’s commercial readiness, technology, strategy, business model, market opportunity, operations, future prospects, and plans and objectives of management. These forward-looking statements are based on management’s current expectations and assumptions about future events and are based on currently available information as to the outcome and timing of future events. Except as otherwise required by applicable law, Solid Power disclaims any duty to update any forward-looking statements, all of which are expressly qualified by the statements in this section, to reflect events or circumstances after the date hereof. Readers are cautioned not to put undue reliance on forward-looking statements and Solid Power cautions you that these forward-looking statements are subject to numerous risks and uncertainties, most of which are difficult to predict and many of which are beyond the control of Solid Power, including the following factors: (i) risks relating to the uncertainty of the success of our research and development efforts, including our ability to achieve the technological objectives or results that our partners require and our ability to commercialize our technology in advance of competing technologies and our competitors; (ii) risks relating to our status as a research and development stage company with a history of financial losses with an expectation of incurring significant expenses and continuing losses for the foreseeable future, including execution of our business plan, the timing of expected business milestones, and our ability to achieve profitability; (iii) risks relating to the non-exclusive nature of our partnerships, our ability to secure new business relationships, and our ability to manage these relationships; (iv) our ability to negotiate and enter into potential joint venture arrangements and new or amended collaboration or other commercial agreements with our partners and customers on commercially reasonable terms and within anticipated timeframes; (v) broad market adoption of EVs and other technologies where we are able to deploy our technology, if developed successfully, and related commercial demand for all-solid-state batteries incorporating our electrolyte; (vi) our success attracting and retaining our executive officers, key employees, and other qualified personnel; (vii) our ability to protect and maintain our owned and exclusively-licensed intellectual property, including in jurisdictions outside of the United States; (viii) our ability to secure government contracts and grants, changes in government priorities with respect to our government contracts and grants or government funding reductions or delays, and the availability of government subsidies and economic incentives; (ix) delays or difficulties in financing, permitting, constructing, commissioning, or operating facilities, whether by us or through partners or joint ventures, that meet our short-term research and development and long-term commercial-scale electrolyte production requirements, or in ramping production at such facilities to achieve anticipated capacity, production volumes, yields, quality, and cost reductions; (x) changes in applicable laws or regulations, including tariffs; (xi) risks relating to, and potential liabilities resulting from, our information technology infrastructure and data security incidents, threats, breaches, or attacks; and (xii) risks relating to other economic, business, or competitive factors in the United States and other jurisdictions, including supply chain interruptions and changes in market conditions, and our ability to manage these risks and uncertainties. Additional information concerning these and other factors that may impact the operations and projections discussed herein can be found in the “Risk Factors” sections of Solid Power’s Annual Report on Form 10-K for the year ended December 31, 2025, Solid Power’s Quarterly Reports on Form 10-Q for the quarters ended March 31, 2026 and June 30, 2026, and other documents filed by Solid Power from time to time with the Securities and Exchange Commission (the “SEC”), all of which are available on the SEC’s website at www.sec.gov. These filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. Solid Power gives no assurance that it will achieve its expectations.