Solid Power stock news
On July 22, 2026, Solid Power Inc. (NASDAQ: SLDP) announced a strategic expansion of its joint development agreement with SK On, which includes a $20 million technology transfer payment to the company. The agreement grants SK On non--exclusive licenses to manufacture Solid Power's proprietary sulfide--based electrolyte at its facilities in South Korea. This partnership is intended to localize electrolyte production for the Asian market and provides Solid Power with non--dilutive capital to further scale its SP3 production capabilities in the United States.