Sunrise New Energy (EPOW) signed an anode material supply agreement with Xiaolu Lithium. Pursuant to the agreement, Sunrise is expected to supply approximately 3,000 tons of anode materials to Xiaolu Lithium beginning in 2026, with an estimated total contract value of approximately $11M. The supplied products are designed for high-rate discharge applications, delivering strong power performance for unmanned aerial vehicles, as well as energy storage and other high-performance battery use cases, and are expected to provide a new source of revenue growth for the Company.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See the top stocks recommended by analysts >>
Read More on EPOW:
