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Eos Energy Awarded $24 Million Economic Package to Support US Manufacturing Expansion
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Eos Energy Awarded $24 Million Economic Package to Support US Manufacturing Expansion
Oct 21, 2025 6:43 AM

09:26 AM EDT, 10/21/2025 (MT Newswires) -- Eos Energy Enterprises ( EOSE ) said Tuesday that it was awarded a $24 million economic development package from the state of Pennsylvania and Allegheny County to support the expansion of its US manufacturing operations.

The company said it will set up additional production lines at a new 432,000-square-foot facility in Marshall Township to complement its existing Turtle Creek manufacturing facility, with a target to reach 8 GWh of annualized energy storage capacity.

Eos said it will also establish a new software hub at Nova Place, Pittsburgh, that will support the company's proprietary battery management system, software, controls and analytics platform.

Shares of the company were up nearly 18% in recent premarket activity Tuesday.

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