FREYR Battery Reports Second Quarter 2024 Results
NEW YORK & OSLO, Norway & NEWNAN, Ga.-FREYR Battery, Inc. (NYSE: FREY) (“FREYR” or the “Company”), a developer of sustainable, next-generation battery solutions, today reported financial results for the second quarter of 2024.Key Messages:
· FREYR’s new Board of Directors and leadership team executing plan to achieve first revenues and EBITDA as soon as 2025. The Company’s top priority is to focus resources on financeable projects and inorganic opportunities that accelerate FREYR’s commercialization and pathway to cash flows.
· FREYR is prioritizing conventional technology