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Moment Energy Becomes the First Company in North America to Achieve UL 1974 Certification
Moment Energy makes history by becoming the first and only North American company to secure the UL 1974, the Standard for Evaluation for Repurposing Batteries, underlining its commitment to sustainable battery energy storage system innovation.
From Exro year-end letter:
1. Cell Driver™ UL Certification Progress
Exro has been diligently working towards UL certification and remains on track to complete testing by December 31st, 2023. Since our last update we have successfully passed a series of tests and this week have begun the final test requirement at Intertek Laboratories. As we approach the UL standards milestone, we are pleased to report that we have received verbal confirmation from several parties on pending purchase orders, marking a promising path towards commercialization. These pending purchase orders will span installations throughout North America, reflecting a strong market demand, with verbal commitments for more than 30 units to be delivered in 2024. Shareholders can expect a comprehensive update early in the new year that speak to both the completion of UL standards and purchase orders specifics.