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Factorial Announces Third Quarter 2026 Results, Begins Generating Commercial Revenue and Achieves 450 Wh/kg Energy Density Target for Aerospace Cells Ahead of Plan

Globe Newswire•10/11/2026•16:05 ET
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Key Highlights

  • ➤First commercial revenue recorded, ahead of Factorial’s previously disclosed 2027 objective
  • ➤Aerospace program cells achieved 450 Wh/kg energy density target ahead of year-end
  • ➤Group I drone flew 521 minutes and roughly 483 km in a single 2026 mission
  • ➤Mercedes-Benz test vehicle surpassed 1,200 km range in real-world testing

BOSTON, Nov. 10, 2026 (GLOBE NEWSWIRE) -- Factorial Energy Inc. (“Factorial”) (Nasdaq: FAC), a global leader in solid-state battery technology, today announced financial and business results for the third quarter ended September 30, 2026.

The Company has issued a shareholder letter discussing its third quarter 2026 financial and business results and recent milestones. Factorial recorded its first commercial revenue, well ahead of its previously disclosed 2027 objective, and its aerospace program cells achieved the 450 Wh/kg target set for year end. The shareholder letter may be accessed on the Investors section of Factorial’s website at https://ir.factorialenergy.com/.

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