Solid Power, Inc.

Solid Power develops solid-state battery technology and manufacturing processes aimed primarily at the electric vehicle market. The company focuses on producing and selling sulfide-based solid electrolyte materials designed to replace liquid or gel electrolytes in conventional lithium-ion cells. It also develops multi-layered pouch cell designs, including lithium nickel manganese cobalt oxide and silicon-based architectures, while pursuing licenses for its cell designs and manufacturing processes. Target customers include automotive original equipment manufacturers and Tier 1 battery manufacturers.

The company operates pilot manufacturing facilities in Louisville and Thornton, Colorado, which house pilot electrolyte and cell production lines alongside research facilities such as its Electrolyte Innovation Center. As of February 2026, the company employed approximately 230 people. It also maintains international commercial and technical relationships across South Korea and Germany, while its corporate operations and facilities are based in Colorado, United States.

Summary of the business section of Solid Power's latest annual report, written by StockData.

“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.

“As of February 1, 2026, we employed approximately 230 employees, primarily based out of our facilities in Louisville, Colorado and Thornton, Colorado.”