Solid Power (SLDP) Investor presentation summary

Technology and market positioning

• Focuses on sulfide-based solid-state battery electrolytes, offering high performance and manufacturability for next-generation batteries.

• Positioned as a materials supplier to OEMs and Tier 1 battery manufacturers, not a direct cell producer.

• Validated by global partners including BMW, SK On, and Samsung SDI, with operations in the US, Germany, and South Korea.

• Holds a strong IP portfolio with over 25 issued US patents and more than 100 pending US applications.

• Sulfide chemistry is favored by industry leaders for its scalability, ionic conductivity, and compatibility with leading cell configurations.

Business model and commercialization strategy

• Revenue is shifting from licensing and collaborations to direct electrolyte production and sales.

• Pursuing joint ventures for manufacturing scale and market access, especially in Korea.

• Pilot electrolyte production underway, with plans to reach 75 MT annual capacity by end of 2026 and 500 MT pre-commercial production in Korea.

• Commercial scale plant planned to support 2,000+ MT capacity, targeting approximately 4 GWh of battery production.

• Cost per kilogram expected to decline significantly as production scales, driven by raw material sourcing, continuous manufacturing, and economies of scale.

Strategic partnerships and ecosystem integration

• Technology licensed to BMW and SK On, with pilot cell lines in Germany and South Korea.

• Electrolyte evaluated by Samsung SDI for EV and other applications.

• Korean operations provide access to leading battery manufacturers and support local commercialization.

• US operations remain core, supported by Department of Energy grants and expansion initiatives.