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Morrow Batteries signs Memorandum with the State Agency on Energy Efficiency and Energy Saving of Ukraine

Morrow Batteries signs Memorandum with the State Agency on Energy Efficiency and Energy Saving of Ukraine

The MoU will be signed at ONS in Stavanger, Norway at 4:00 PM today, Tuesday, August 27th. The signing ceremony is open for media, and you are welcome to the press conference room in Hall 10 (DNB Arena) 3rd floor. Anna Zamazeeva, Head of SAEE and Lars Christian Bacher, CEO of Morrow Batteries are both present and available for interviews.
Morrow Batteries has agreed on a Memorandum of underst

Morrow Batteries’ Industrial Update May 2024: Press Release and Webcast Invitation

Morrow Batteries’ Industrial Update May 2024: Press Release and Webcast Invitation

Europe's largest LFP factory set to commence production in Q3 2024
Morrow Batteries ASA (“Morrow”) will commence mass production at Europe’s first gigawatt-scale factory for LFP batteries in 2024. In 2024, Morrow has reached significant milestones in technology, market, organisation and financing.
The company will present an Industrial Update at a webcast on Tuesday, May 28, 2024.
“Durin

From left: Morrow CEO Lars Christian Bacher and Nordic Batteries CEO Jarle Gjøsæther at Hannover Messe today 2pm CET.

Morrow secures strategic agreement with Nordic Batteries

Morrow Batteries ("Morrow") and Nordic Batteries have signed an agreement for 5.5 GWh Lithium Iron Phosphate (LFP) BEV2 batteries over seven years. The first batteries will be sold from Morrow towards the end of 2024.
The agreement was signed today at the world's leading industry fair, Hannover Messe, in Germany.
"We are thrilled to announce a signed agreement and particularly excited to si

Illustration photo from Morrow's Customer Qualification Line (CQL) in South Korea.

30% increased cycle life for Morrow-made LFP batteries

Morrow Batteries ASA (Morrow) reports significantly improved product performance on its Lithium Iron Phosphate (LFP) batteries.
Morrow's engineering and research team have successfully increased the cycle life of the company's first product by 30%. Simultaneously, the energy density has increased by 10%.
“At Morrow, we believe in continuous learning and improvement. Our team has already pro

Morrow Batteries ASA announces IPCEI partnership, secures funding to advance next-generation battery technology

Morrow Batteries ASA announces IPCEI partnership, secures funding to advance next-generation battery technology

The Norwegian battery company has been awarded 345 million NOK from Innovation Norway under the IPCEI European business program. The funding will support the R&D development of a new battery technology that utilises less lithium and nickel than current batteries combined with manganese oxide (LNMO).
Morrow Batteries ASA (Morrow) has also qualified as an associated partner in the IPCEI Europ

Christin-Marie Boudgoust joins Morrow as Chief Commercial Officer

Morrow Batteries announces key leadership appointments to drive innovation and growth

Christin-Marie Boudgoust joins Morrow as Chief Commercial Officer Jon Fold von Bülow assumes the Chief Science Officer role

Morrow Batteries is pleased to welcome Christin-Marie Boudgoust as the Chief Commercial Officer (CCO). With extensive experience in international business development and technical sales within the battery industry, Christin-Marie will play a pivotal role in e

Morrow Batteries announces factory acceptance tests (FATs) concluded in South Korea, taking the company closer to production start

Morrow Batteries announces factory acceptance tests (FATs) concluded in South Korea, taking the company closer to production start

Morrow Batteries ASA ("Morrow") has concluded the FATs in Asia of all the production equipment for the Morrow Cell Factory (MCF), the company's first factory in Norway. Installation has already started in Arendal, and Morrow is scheduled to start battery production in mid-2024.
The battery manufacturer has conducted FATs since late May, starting with the coating line, followed by the mixing li

Morrow Batteries' Industrial Update November 2023: Press Release and Webcast Invitation

Morrow Batteries' Industrial Update November 2023: Press Release and Webcast Invitation

Reaching significant operational and technological milestones, verified B-sample batteries pushing Morrow close to production start
Morrow Batteries ASA ("Morrow") will be the first manufacturer to commence GWh scale battery production in Norway at its first factory in Arendal in mid-2024. The plan is supported by several important milestones so far this year, including the verification of the

In addition to the standardised UL9540 A and UN38.3, the LFP B-samples made by Morrow have passed IEC 62660-2, IEC 62619 and recently, the more stringent IEC 62660-3 compliance test.

Morrow Batteries sends certified LFP B-sample batteries to customers, taking yet another step towards GWh scale production

INDUSTRIAL UPDATE:
Morrow Batteries ASA («Morrow»), the industrial battery technology company, has produced and certified LFP B-sample batteries that are now ready for shipment to potential customers for further validation.
“We are pleased to reach this significant operational and technological milestone. Completing multiple international acceptance tests with strong results brings us to th

Morrow Batteries appoints Steffen Føreid as new Chief Financial Officer

Morrow Batteries appoints Steffen Føreid as new Chief Financial Officer

Morrow Batteries ASA ("Morrow") announces the appointment of Steffen Føreid as Chief Financial Officer. Føreid brings considerable capital markets and strategic management expertise, setting the stage for Morrow's expansive industrial growth.
"I'm very pleased that Steffen joins Morrow. He brings almost 15 years of CFO experience from the energy and maritime sectors. In addition to his prowess

Morrow Batteries raises up to EUR 70 million in new capital from its owners

Morrow Batteries raises up to EUR 70 million in new capital from its owners

Morrow Batteries ASA ("Morrow") is raising up to EUR 70 million (approximately NOK 800 million) through a private placement guaranteed by the company's largest owners. The raise in two tranches provides the company with capital to continue its development of next-generation sustainable batteries and brings Morrow closer to commercial production. The company's extraordinary general meeting on Septe

The Board of Directors of Morrow Batteries proposes to raise up to EUR 70 million in new capital from its owners

The Board of Directors of Morrow Batteries proposes to raise up to EUR 70 million in new capital from its owners

The Board of Directors of Morrow Batteries ASA ("Morrow") proposes to the company's extraordinary general meeting (EGM) that the company raises up to EUR 70 million in new equity (approximately NOK 800 million). The proceeds will be used to continue the development of next-generation sustainable batteries and strengthen the investment in the industrial park in Arendal, Southern Norway.
The tra

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