Invinity Energy Systems (IES LN) has today announced the sale of a 12 MWh Endurium battery system to Pacific Northwest National Laboratory (“PNNL”). PNNL is one of the United States Department of Energy national laboratories, managed by the Department of Energy's (DoE) Office of Science. Delivery of the IES batteries is expected in H2 2026. We see this order supporting underlying FY 2026 estimates for revenue of £56.0m, an EBITDA loss reduced to -£14.2m and closing cash of £15.8m. During FY 2026 ....
