Eos Energy Enterprises, Inc. (NASDAQ:EOSE) has broadened its collaboration with TETRA Technologies, Inc. (NYSE:TTI). The two companies have been working together since 2021 to improve the quality of the electrolyte solution.

This four-year agreement, extendable beyond its initial term, includes favorable pricing and cost-saving methodologies, incentivizing both companies to pursue further cost reductions.

The high-purity zinc-bromide is central to the Eos Z3 cube's functionality, a component of Eos's patented electrolyte system. TETRA's U.S. patented manufacturing process delivers some of the highest zinc-bromide purity levels globally.

With the demand for Long Duration Energy Storage rising, Eos's partnership with TETRA is timely. TETRA's commitment to enhancing bromine production aligns with Eos's goals of scaling production, reducing costs, and enhancing battery performance and quality over the next few years.

Price Action: EOSE shares are trading lower by 5.32% at $0.9450, and TTI is down by 1.61% at $4.27 on Tuesday.

Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

Photo via TETRA Technologies