[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]  Mike M. Mustafoglu [@TransEnergy](/creator/twitter/TransEnergy) on x 1353 followers Created: 2025-07-02 04:09:46 UTC $EOSE Eos Energy Enterprises Inc. stock surged XX% after the company announced it has received its second loan advance of $XXXX million from the Department of Energy’s Loan Programs Office. This advance completes the full draw of the first tranche totaling $XXXX million, which supports the completion of the company’s first state-of-the-art manufacturing line. The loan advance covers XX% of eligible costs incurred as part of Eos Energy’s production expansion plans related to Project AMAZE. These funds will help the company expand its operational capacity to meet growing customer demand for its zinc-based battery energy storage systems. "Production volumes at our first state-of-the-art manufacturing line are growing every week as we progress toward realizing the full X GWh capacity on Line 1," said Nathan Kroeker, Eos Chief Commercial Officer and Interim Chief Financial Officer. He added that the DOE loan proceeds, combined with recently upsized convertible notes and common stock offerings, strengthen the company’s financial position to scale U.S. production. Eos Energy has submitted a purchase order for its second manufacturing line to support X GWh in recently signed MOUs that are expected to convert to purchase orders. The company is positioning itself to meet demand from AI-driven load growth, data centers, and safety-conscious storage markets. The DOE funding follows Eos Energy’s successful closing of $XXX million in concurrent offerings of common stock and convertible senior notes. This financing has restructured the company’s balance sheet, lowered its cost of capital, and enhanced its ability to grow U.S.-based operations. Source: XXX engagements  **Related Topics** [coins energy](/topic/coins-energy) [eos](/topic/eos) [$eose](/topic/$eose) [stocks energy](/topic/stocks-energy) [Post Link](https://x.com/TransEnergy/status/1940261591158558907)
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Mike M. Mustafoglu @TransEnergy on x 1353 followers
Created: 2025-07-02 04:09:46 UTC
$EOSE Eos Energy Enterprises Inc. stock surged XX% after the company announced it has received its second loan advance of $XXXX million from the Department of Energy’s Loan Programs Office. This advance completes the full draw of the first tranche totaling $XXXX million, which supports the completion of the company’s first state-of-the-art manufacturing line. The loan advance covers XX% of eligible costs incurred as part of Eos Energy’s production expansion plans related to Project AMAZE. These funds will help the company expand its operational capacity to meet growing customer demand for its zinc-based battery energy storage systems. "Production volumes at our first state-of-the-art manufacturing line are growing every week as we progress toward realizing the full X GWh capacity on Line 1," said Nathan Kroeker, Eos Chief Commercial Officer and Interim Chief Financial Officer. He added that the DOE loan proceeds, combined with recently upsized convertible notes and common stock offerings, strengthen the company’s financial position to scale U.S. production. Eos Energy has submitted a purchase order for its second manufacturing line to support X GWh in recently signed MOUs that are expected to convert to purchase orders. The company is positioning itself to meet demand from AI-driven load growth, data centers, and safety-conscious storage markets. The DOE funding follows Eos Energy’s successful closing of $XXX million in concurrent offerings of common stock and convertible senior notes. This financing has restructured the company’s balance sheet, lowered its cost of capital, and enhanced its ability to grow U.S.-based operations.
Source:
XXX engagements
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