10:49 AM EST, 12/19/2024 (MT Newswires) -- Eos Energy Enterprises ( EOSE ) and FlexGen Power Systems said Thursday they have signed an agreement to develop and launch a battery energy storage system product that will combine Eos' Z3 batteries with FlexGen's HybridOS energy management system.

The US-made product will target utilities, independent power producers, and energy consumers, the companies said.

Financial details weren't provided.

Eos shares were up 8.2% in recent trading.

Price: 4.37, Change: +0.33, Percent Change: +8.17