FREYR Battery Reports Fourth Quarter and Full-Year 2021 Results
New York, Oslo and Luxembourg, February 28, 2022, FREYR Battery (NYSE: FREY) (“FREYR”), a developer of clean, next-generation battery cell production capacity, today reported financial results for the fourth quarter and full fiscal year 2021.
Highlights of the fourth quarter 2021 and subsequent events:
· Signed first two conditional offtake agreements with Honeywell (NASDAQ: HON) and a global industrial player representing more than 50 GWh of cumulative volumes from 2023 – 2030 for Energy Storage Systems (“ESS”) applications.
· In negotiations with five additional companies for