Thomas Boyes's questions to Eos Energy Enterprises Inc (EOSE) leadership • Q1 2025
Question
Thomas Boyes asked for details on the relative labor impact of subassembly versus containerization automation, inquired about potential funding issues for its Puerto Rico project, and sought an update on the timing of the second DOE loan reimbursement.
Answer
CEO Joseph Mastrangelo explained that subassembly automation significantly reduces labor and improves quality, while containerization automation boosts throughput with the existing workforce. Both he and CCO Nathan Kroeker confirmed their Puerto Rico project is unaffected by reported funding issues and is proceeding. Regarding the DOE loan, Mastrangelo stated they are on track for reimbursement submission, undergoing a standard portfolio review with new DOE personnel.