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Recent Updates — ADSE

September 30, 2026View Source ↗

ADS-TEC Energy reported unaudited first-half 2026 results showing total revenue of €7.4 million, down from €14.6 million in H1 2025, while operating loss improved to €26.3 million from €30.0 million. Net loss widened to €42.0 million due to non-cash warrant liability remeasurements, though net cash used in operations decreased by €11.5 million year-over-year to €18.7 million. The company advanced its 1 GW / 4 GWh SKM storage project in southern Germany, securing grid connection commitments and supplier agreements while pursuing financing. C&I battery storage order backlog reached €20.3 million as of June 30, with Q3 intake of €5.9 million and €77.3 million in active RFQs. The company operates in the energy storage and electric vehicle fast-charging infrastructure industry.