Funding And Financial PerformanceThe company has secured a low cost of capital source of funding to build out its manufacturing footprint, offering a strategic advantage compared to other financing options.
Growth And ExpansionManagement has noted that the company has sufficient capital to expand manufacturing capacity to 8GWh, enhancing production capabilities significantly.
Strategic PartnershipsA strategic investment by Cerberus Capital Management could provide up to $315.5 million in additional funding, supporting the company's growth initiatives.