Electrovaya Inc.

Electrovaya Inc. has been recognized by Deloitte's Technology Fast 50™ program, ranking fourth among Canada's Enterprise—Industry Leaders. This marks the company's fourth consecutive appearance on the list, driven by a four-year revenue growth of 354%. The award highlights Electrovaya's success in the technology sector, fueled by increasing adoption of its Infinity Battery Technology. The company is strategically expanding its manufacturing capacity in Jamestown, New York, to meet growing demand from various industries.

Electrovaya Inc. reported its unaudited condensed interim consolidated financial results for the three and nine months ended June 30, 2026. For the nine-month period, revenue increased to $51.3 million and net income rose to $2.4 million. However, the company revised its fiscal year 2026 revenue guidance downwards to $70 million to $73 million, from a previous expectation of over $83 million, citing updated customer demand assumptions and macroeconomic conditions.

Electrovaya Inc. reported strong financial results for the nine-month period ended June 30, 2026, with revenue increasing to $51.3 million and net income rising to $2.36 million. However, the company revised its full-year 2026 revenue guidance downwards to $70-73 million, citing updated customer demand assumptions and macroeconomic conditions. Total assets and equity saw significant growth, driven by increased cash, receivables, and investments in the Jamestown facility.

Electrovaya Inc. announced its participation in four upcoming investor conferences in August and September 2026. The company's management team will engage with investors at events including Citi's Natural Resources Conference, Needham Virtual Industrial Tech, Robotics, & Power 1x1 Conference, Midwest IDEAS Conference, and Barclays 40th Annual Energy-Power Conference. These participations aim to provide updates and insights into Electrovaya's business and technology.

Electrovaya Inc. announced that it will release its third quarter financial results for the period ending June 30, 2026, after market close on Monday, August 10, 2026. This will be followed by a conference call and webcast on Tuesday, August 11, 2026, at 8:30 a.m. EST. CEO Dr. Raj DasGupta and CFO John Gibson will host the call to discuss the financial results and provide a business update.

Electrovaya Inc. announced the launch of ElvaPulse™ 1500, a new high-power stationary battery energy storage system platform. This system offers nearly 3 MWh of energy and up to 7 MW of continuous power, specifically designed for demanding data center, AI infrastructure, and critical-power applications. Initial deliveries are targeted for Q2 2027 from its Jamestown, NY facility, with the platform designed to support customer eligibility for the Section 48E Investment Tax Credit.

Electrovaya Inc. announced a transaction agreement with Amazon.com Inc., issuing warrants to Amazon's subsidiary for up to 13,880,345 common shares at an exercise price of US$8.56 per share. This agreement strengthens their commercial relationship, aiming to expand the deployment of Electrovaya's Infinity Battery Technology in material handling, robotics, and energy storage. A portion of the warrants vested immediately, with the remainder vesting upon Amazon reaching cumulative purchases of US$280 million.

Electrovaya Inc. announced a significant commercial agreement and warrant transaction with Amazon. This partnership aims to further deploy Electrovaya's Infinity Battery Technology in material handling operations and potentially expand into robotics and energy storage applications. As part of the deal, Amazon will receive warrants to purchase up to 13,880,345 common shares, which will fully vest upon Amazon reaching US$280 million in cumulative future purchases.

Electrovaya Inc. submitted a Form 6-K to the SEC, which is a routine report for foreign private issuers. The filing primarily included a Corporate Presentation as Exhibit 99.1. The report was signed by the company's Chief Executive Officer, Raj Das Gupta.

Electrovaya Inc. reported strong financial results for the first half of fiscal year 2026, with net income surging by 404% to $2.06 million and revenue increasing by 28% to $33.60 million. The company also saw significant growth in its gross margin and cash position. Progress on the Jamestown manufacturing facility continues, with substantial deposits made for equipment, and the company reiterates its FY2026 revenue growth guidance of over 30%.