FREYR Battery, Inc. (NYSE:FREY) Q2 2024 Earnings Conference Call August 9, 2024 8:30 AM ET
Company Participants
Jeffrey Spittel - VP, IR
Daniel Barcelo - Chairman
Tom Einar Jensen - Co-founder, CEO
Evan Calio - CFO
Conference Call Participants
Tyler DiMatteo - BTIG
Jeffrey Spittel
Hello and welcome to Freyr Battery's Second Quarter 2024 Earnings Conference Call. With me today on the call are Daniel Barcelo, Chairman of Freyr's Board of Directors, our Co-founder, Chief Executive Officer, and Board Director, Tom Einar Jensen, and Evan Calio, our Chief Financial Officer. During today's call, management may make forward-looking statements about our business.
These forward-looking statements involve significant risks and uncertainties that could cause actual results to differ materially from expectations. Most of these factors are outside Freyr's control and are difficult to predict. Additional information about risk factors that could materially affect our business are available in Freyr's S1, an Annual Report on Form 10-K filed with the Securities and Exchange Commission, which are available on the investor relations section of our website.
With that, I'll turn the call over to Daniel.
Daniel Barcelo
Thank you, Jeff, and welcome everyone to our Q2 ‘24 earnings call. Since this is my first opportunity to address you as Freyr's chairman of the board, I'd like to spend a few moments highlighting the strengths of our outstanding management team and emphasizing our commitment to generate value for our shareholders, customers, partners, and employees around the world. Our collective goal as Freyr's board of directors is to establish a profitable business as soon as possible.
As Tom and Evan will detail shortly, the industry and capital markets are evolving rapidly, and we must evolve with them. Our strategy has adapted to this changing landscape, and the recent appointments to our board and leadership team best position Freyr to build on the progress we have made and to execute our strategy.
Freyr's Board of Directors now includes our Co-founder, Tore Ivar Slettemoen, Todd Kantor, the managing partner of Encompass Capital, David Manners, who has extensive experience in the U.S. government, Peter Matrai, a Co-founder and energy industry expert, Jessica Strine, a seasoned institutional investor, CEO, and industry advisor, and Dan Steingart, professor of Chemical Metallurgy at Columbia University and the Chair of Freyr’s Technical Advisory board.
We are fully aligned in support of Tom Jensen, our CEO, Evan Calio, our CFO, and the rest of our leadership team, and we have the utmost confidence in their abilities to lead this organization on an accelerated path to profitability. Our focus for the remainder of 2024 is to advance our attractive business development opportunities. During his time as our executive chair, Tom continued to spearhead our global business development endeavors, so his return to the CEO role dovetails with Freyr’s top priorities.