Solid Power, Inc. (NASDAQ:SLDP) Q4 2023 Earnings Conference Call February 27, 2024 4:30 PM ET
Company Participants
Jennifer Almquist - IR
John Van Scoter - President and CEO
Kevin Paprzycki - CFO
Conference Call Participants
Mike Shlisky - D.A. Davidson
Jeffrey Campbell - Seaport Research Partners
Brian Dobson - Chardan Capital
Operator
Greetings. Welcome to the Solid Power Inc. Full Year 2023 Financial Results and Business Update Call. Please note that this conference is being recorded. I will now turn the conference over to your host, Jennifer Almquist, Investor Relations for Solid Power Inc. Thank you. You may begin.
Jennifer Almquist
Thank you, operator, and thank you, everyone, for joining us today. I'm joined on the call today by Solid Power's President and Chief Executive Officer, John Van Scoter, and Chief Financial Officer, Kevin Paprzycki.
A copy of today's earnings release is available on the Investor Relations section of Solid Power's website at ir.solidpowerbattery.com. I'd like to remind you that parts of our discussion today will include forward-looking statements as defined by U.S. securities laws. These forward-looking statements are based on management's current expectations and assumptions about future events and are based on currently available information as to the outcome and timing of future events. Except as otherwise required by applicable law, Solid Power disclaims any duty to update any forward-looking statements to reflect future events or circumstances.
For a discussion of the risks and uncertainties that could cause actual results to differ materially from those expressed in today's forward-looking statements, please see Solid Power's most recent filings with the Securities and Exchange Commission, which can be found on the company's website at ir.solidpowerbattery.com.
With that, let me turn it over to John Van Scoter.
John Van Scoter
Thank you, Jen, and good afternoon, everyone. Thank you for joining the call today. I'll begin today with a brief overview of 2023 and our overall progress. Then I'll walk through our 2024 goals and priorities. After that, I'll hand off the call to Kevin for the financial review, and we'll open up the call for Q&A.
2023 was a milestone year for Solid Power. We successfully commissioned SP2, our second Solid Power facility to lead electrolyte production. We accelerated our cell development with a key partner and overcame significant yield challenges as we scale production, and we delivered our first EV cells to officially enter the automotive qualification process.
Before I go further in detail on our progress, I want to give kudos to the Solid Power team and express my sincere appreciation for their hard work in hitting these milestones. This was a challenging year, and the team did remarkable work to contribute to the business growth.