$EOSE Recovers $87 Million in Manufacturing Capital From DOE

Eos Energy has recovered $87 million of manufacturing capital from the Department of Energy, with management saying the advance "returns that capital to the balance sheet" as Line 2 ramps toward approximately 2 GWh of annual capacity.
That capital gives Eos more room to fund the next stage of growth as it scales Thorn Hill toward approximately 4 GWh of annual capacity.