Solid Power: Time To Start Accumulating (Archive)

This 5-Minute Pitch was originally published on Seeking Alpha before the launch of the Hunting Alphas website. It is shared here to showcase my previous work and track record. New 5-Minute Pitches published on this site will not be disseminated anywhere else.

Elevator Pitch

• Solid Power is making promising progress toward automotive qualification. It has 3 marquee EV OEM partnerships with BMW, Ford and SK Innovation and is on-track to sign on more.
• The company is well-positioned to scale electrolyte production and commercialization, as it has invested proactively in capacity to meet expected demand and improved sourcing stability.
• There are signs of strong operational execution, as the company has been able to save costs on both opex and capex.
• The management team and board of directors have many years of domain-specific experience, which positions the company well during the challenging commercialization scale up process.
• Valuations are attractive as the MCAP is at a 27% discount to the total liquidity in the balance sheet, giving at least 2 years of cash burn buffer. Technical analysis also suggests a bottom vs the S&P500, indicating alpha potential ahead.

Read the full article here.