ESS Tech, Inc. WT

ESS Tech, Inc. WT

GWH-WT
ESS Tech, Inc. WTUS flagNew York Stock Exchange
0.01
USD
+0.00
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3.32MMarket Cap
ESS Tech, Inc. WT
GWH-WT
(New York Stock Exchange)

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Business
ESS Tech Inc (NYSE: GWH; GWH-WT) designs, manufactures and deploys long-duration energy storage systems using proprietary iron flow battery technology that employs earth-abundant iron, salt and water electrolytes for safe, sustainable and flexible energy solutions serving commercial, industrial, utility-scale and microgrid applications worldwide; core products include Energy Warehouse for behind-the-meter deployments offering modular scalability from 50kW/400kWh to 250kW/2MWh with 6-12 hours of storage in shipping container formats, Energy Center for utility and large-scale projects scalable from 500kW/4MWh to multi-MW/multi-MWh configurations supporting long-duration discharge, and Energy Base a gigawatt-scale platform launched in 2025 providing up to 22 hours of decoupled power and energy capacity for AI data centers and baseload renewables. Founded in 2011 and headquartered in Wilsonville, Oregon, the company operates globally with deployments and partnerships across the United States, Europe, Australia and Asia-Pacific targeting grid operators, utilities, independent power producers, commercial facilities and renewable energy integrators to enable decarbonization, grid resilience and excess renewable energy optimization. Recent developments encompass a $31 million insider-led funding package in July 2025 comprising loans, warrants, tax credits, equipment leasebacks and a $25 million equity facility to fund strategic execution and avert operational disruptions; $50 million manufacturing expansion financed by the US Export-Import Bank in 2024 under the Make More in America Initiative; launch of Energy Base in 2025 with 12.2-hour rated power demonstrations and a 50MWh pilot in Arizona; deepened collaboration with Honeywell following its 2023 investment to accelerate iron flow adoption; first Energy Center lift and IEEE 693 seismic certification in 2024; and sales of four Energy Warehouses with production tax credit monetization in 2025 alongside ongoing utility contract negotiations and cost reductions.