Eos Energy Enterprises, Inc. (NASDAQ: EOSE) saw a rise in shares after announcing a partnership with Unico, a power electronics manufacturer, to supply DC-to-DC converters for Eos’s zinc battery systems. The collaboration aims to enhance efficiency and deliver cost-effective, long-duration energy storage solutions to end users.

Unico’s systems utilize advanced controls and algorithms to optimize device performance, offering high efficiency, compactness, and power density. Eos’s proprietary controls platform, DawnOS, integrates with Unico’s products, providing customers with safe, scalable, efficient, and sustainable energy storage options.

Both companies manufacture in the U.S., supporting clean energy goals and domestic supply chain resilience. Eos Energy reported a wider loss in the second quarter but saw a sharp rise in revenue. The company reaffirmed its full-year revenue forecast of $150 million to $190 million.

EOSE shares were trading higher by 18.24% at $14.90. Transform your trading with Benzinga Edge’s market trade ideas and tools for unique insights that can set you ahead in today’s competitive market.

Read more at Yahoo Finance: Eos Energy Partners With Unico To Boost Battery Efficiency