Eos Energy Enterprises (EOSE) and FlexGen Power Systems said Thursday they have signed an agreement to develop and launch a battery energy storage system product that will combine Eos' Z3 batteries with FlexGen's HybridOS energy management system.
The US-made product will target utilities, independent power producers, and energy consumers, the companies said.
Financial details weren't provided.
Eos shares were up 8.2% in recent trading.
Price: 4.37, Change: +0.33, Percent Change: +8.17
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